Remodeled Duplex With Private
For Sale
$270,000
Pending
69 Warner Street, Plains, PA 18705
Two-unit property with updated upper-level space, independent utilities, and three-zone heating.
Property Size2,094 SF
Days on Market93
Property Features for 69 Warner Street
General Information
Standard status
Pending
Size
2,094 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,284
Amenities
private driveway
spacious front porch
large rear deck
Building Details
Building Size
2,094 SF
Listing Agency:
Century 21 Signature Properties
Listed By:
Ron Wilson/JenineFinarelli Team
(570) 371-7016
Source:
Luxehomesnepa
Added: Aug 3
Changed: Oct 31
Last Checked: Nov 1 at 3:21PM
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 Century 21 Signature Properties
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Investment Insights
Based on property information with market context.
This duplex includes a remodeled upstairs unit along with a newer roof and separate utility systems. Heating is divided into three zones, providing distinct control across the property. Exterior features include a private driveway, a broad front porch, and a substantial rear deck with views.
The property’s two-unit layout and independent utilities provide a clearly defined residential configuration. The combination of recent improvements, dedicated access, and multiple outdoor areas adds practical functionality for occupants or ownership use.
The property’s two-unit layout and independent utilities provide a clearly defined residential configuration. The combination of recent improvements, dedicated access, and multiple outdoor areas adds practical functionality for occupants or ownership use.
Key Highlights
- Remodeled upstairs unit
- New roof
- Separate utilities with 3‑zone heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,899
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,980
$338.0K
Cap Rate 7%
$241,414
$241.4K
Cap Rate 9%
$187,767
$187.8K
Market Conditions
NOI Build-Up for 2,094 SF
Gross rent
$26.4K $12.60/SF
− Vacancy
−$2.2K −$1.07/SF
EGI
$24.1K $11.53/SF
− OpEx
−$7.2K −$3.46/SF
NOI
$16.9K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,980
Cap Rate 7%
$241,414
Cap Rate 9%
$187,767
Alternative Uses
Best Use
Multifamily LT 5
$241.4K
$211.2K – $281.7K
NOI $16,899 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,673 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$663.4K
$580.5K – $774.0K
NOI $46,437 @ 7.0% cap · market cap 17.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
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Business Placement
Demographics for 18705, PA
14,832
Population
7,268
Households
2
Avg Household Size
44
Median Age
23%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
2,966
Density / Sq Mi
$61,293
Median Household Income
$35,965
Median Earnings
$1,006
Median Rent
$122,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated upper-level space, independent utilities, and three-zone heating.
Where is this duplex located?
The property is located at 69 Warner Street Plains, PA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Remodeled upstairs unit; New roof; Separate utilities with 3‑zone heating
