Three-Unit Multifamily
716-718 Carmalt Street Dickson City, PA 18519
716-718 Carmalt Street, Dickson City, PA, 18519
$350,000
Pending
For Sale
$350,000
Pending
MULTI_FAMILY - Other - Dickson City, PA
Property Size3,381 SF
Lot Size0.09 Acres
Days on Market47
Property Features for 716-718 Carmalt Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 5, Basement, Bathroom 2, Bedroom 2, Bedroom 3
- Parking features
- On Street
- Patio and Porch features
- Porch
- Interior features
- Attic Storage
- Basement
- Storage Space, Dirt Floor, Concrete
- Appliances
- Dryer, Washer, Refrigerator, Gas Water Heater, Electric Range
- Standard status
- Pending
- APN
- 11320030006
- Size
- 3,381 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 50X81 Bldg & Land W-01 B-0230 L-0540 P-00000
- Tax Annual Amount
- 2626
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard, Steam, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Stone, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
CLASSIC PROPERTIES
(570) 587-7000
Listed by
Mary Ann Gonsauls · License #RS306196
(570) 575-5299
Added: Jun 5 Updated: Jul 20 at 11:49PM Checked: Jul 21 at 10:06AM
MLS# SC262652
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained three-story, three-unit multifamily property includes three two-bedroom apartments. The building features hardwood floors, covered front and side porches, and a walk-up storage attic. Utilities are separately metered with separate electric and gas meters, plus one water meter and sewer service.
Two units are currently occupied while the third unit is vacant, offering flexibility for an owner-occupant or a buyer looking to lease the remaining unit promptly. Showing access is restricted due to tenant occupancy, and the listing notes pets on the premises.
The property is located at 716-718 Carmalt Street in Dickson City, Pennsylvania (Lackawanna County). All information, measurements, taxes, and features are approximate and should be verified by buyers and buyer’s agents during due diligence.
Two units are currently occupied while the third unit is vacant, offering flexibility for an owner-occupant or a buyer looking to lease the remaining unit promptly. Showing access is restricted due to tenant occupancy, and the listing notes pets on the premises.
The property is located at 716-718 Carmalt Street in Dickson City, Pennsylvania (Lackawanna County). All information, measurements, taxes, and features are approximate and should be verified by buyers and buyer’s agents during due diligence.
Key Highlights
- Three‑unit multifamily property at 716‑718 Carmalt St, Dickson City, PA 18519
- Approx. 3,381 SF with three two‑bedroom apartments (two occupied, one vacant)
- Hardwood flooring and attic storage; basement included
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.6k | $12.60 |
| − Vacancy | −$2.8k | −$0.82 |
| EGI | $39.8k | $11.78 |
| − OpEx | −$11.9k | −$3.53 |
| NOI | $27.9k | $8.25 |
3,381 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.3K
$348.5K – $464.7K
NOI $27,882 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$372.4K
$325.8K – $434.4K
NOI $26,065 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$858.2K
$750.9K – $1.00M
NOI $60,071 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-story, three-unit building with hardwood floors, porches, and separate utility metering.
Where is this triplex located?
The property is located at 716-718 Carmalt Street Dickson City, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three‑unit multifamily property at 716‑718 Carmalt St, Dickson City, PA 18519; Approx. 3,381 SF with three two‑bedroom apartments (two occupied, one vacant); Hardwood flooring and attic storage; basement included
