Building Details

Year Built 1928

Listing Agency: Realty ONE Group Focus a***@gmail.com Show Phone

Listed By: Shauntee Blow · License #RS319167 Show Phone

Source: Cummingsrealtors

Added: Oct 14 Changed: Oct 27 Last Checked: Oct 26 at 3:16PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Focus

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Investment Insights

Based on property information with market context.

Built in 1928, this duplex at 660 Spruce Street in Kulpmont contains two side-by-side units. Interior details include wood flooring in select rooms, wood trim, and decorative ceiling features. The property requires repairs and updating, providing an opportunity to rework the existing spaces to suit a new owner’s plans.

The backyard includes an in-ground heated pool, and a detached two-car garage provides parking and storage.

Key Highlights

• Two side‑by‑side units in a duplex
• In‑ground heated pool
• Detached two‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,129

Cap Rate

5.18%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$282,580 $282.6K

Cap Rate 7%

$201,843 $201.8K

Cap Rate 9%

$156,989 $157.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,887 SF

Gross rent

$21.5K $11.40/SF

− Vacancy

−$1.3K −$0.70/SF

EGI

$20.2K $10.70/SF

− OpEx

−$6.1K −$3.21/SF

NOI

$14.1K $7.49/SF

Area

Northumberland County, PA

Vacancy

6.17%

Lease Rate

$11.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$282,580

Cap Rate 7%

$201,843

Cap Rate 9%

$156,989

Alternative Uses

Best Use

Multifamily LT 5

$201.8K

$176.6K – $235.5K (±1% cap)

NOI $14,129 @ 7.0% cap · market cap 5.18%

Second Best

Apartment 5plus

$186.3K

$163.0K – $217.4K (±1% cap)

NOI $13,042 @ 7.0% cap · market cap 4.78%

Theoretical Best

Warehouse

$2.30M

$2.01M – $2.68M (±1% cap)

NOI $160,726 @ 7.0% cap · market cap 58.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

163

Businesses Nearby

Explore this area Business Placement

Demographics for 17834, PA

3,411

Population

1,669

Households

2

Avg Household Size

49

Median Age

19%

College-Educated

94%

High-School Grad

5.6 sq mi

ZIP Area

609

Density / Sq Mi

$58,750

Median Household Income

$43,576

Median Earnings

$807

Median Rent

$86,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Two side-by-side units offer separate living spaces, with a detached garage and an in-ground pool outdoors.

Where is this duplex located?

The property is located at 660 SPRUCE STREET Kulpmont, PA.

What is the asking price?

The asking price for this property is $272,999.

What are key features of this property?

This property features: Two side‑by‑side units in a duplex; In‑ground heated pool; Detached two‑car garage