Three-Unit Multifamily
716-718 Carmalt Street Dickson City, PA 18519
For Sale
$350,000
Pending
MULTI_FAMILY - Other - Dickson City, PA
Property Size3,381 SF
Lot Size0.09 Acres
Days on Market55
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 2, Bathroom 4, Bedroom 4, Basement, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Parking features
On Street
Patio and Porch features
Porch
Interior features
Attic Storage
Basement
Concrete, Dirt Floor, Storage Space
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), Steam, Baseboard, 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
Changed: Jul 28
Last Checked: Jul 29 at 12:06PM
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
