Twin Home Residential Income
PLAINS TOWNSHIP, PA 18705 Plains Township, PA 18705
New
Plains Township, PA, 18705
$265,000
For Sale
$265,000
MULTI_FAMILY - PLAINS TOWNSHIP, PA
Property Size1,118 SF
Price / SF$237.03
Days on Market2
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 1,118 SF
Building Details
- Year built
- 1920
Listing agency
BHHS Fox & Roach Bethlehem
(610) 865-0033
Listed by
Ileana Kozerski
(484) 929-5458
Added: Jul 22 Updated: Jul 23 at 12:13AM Checked: Jul 23 at 1:06AM
MLS# PALU2003108
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
Detached multi-family property in Plains Township consists of twin homes with separate interior layouts. Unit 60 includes an eat-in kitchen, living room, dining room, three bedrooms, one full bathroom, and a mudroom/laundry room, plus a basement with a Bilco door and access to the spacious backyard. Unit 62 features an eat-in kitchen, two bedrooms, two full bathrooms, and a mudroom/laundry room, along with natural gas heat, a Bilco door to the backyard, and a storm door off the mudroom for additional outdoor access.
Both homes are heated with natural gas and share a large, open backyard. The property is being sold AS IS.
Both homes are heated with natural gas and share a large, open backyard. The property is being sold AS IS.
Key Highlights
- Detached property in Wilkes‑Barre with twin homes (Unit 60 and Unit 62) for live‑in or rental options
- Unit 60: eat‑in kitchen, living room, dining room, 3 bedrooms, 1 full bathroom, plus mudroom/laundry
- Unit 62: eat‑in kitchen, 2 bedrooms, 2 full bathrooms, plus mudroom/laundry
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 | $14.1k | $12.60 |
| − Vacancy | −$1.2k | −$1.07 |
| EGI | $12.9k | $11.53 |
| − OpEx | −$3.9k | −$3.46 |
| NOI | $9.0k | $8.07 |
1,118 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$128.9K
$112.8K – $150.4K
NOI $9,023 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$119.5K
$104.6K – $139.5K
NOI $8,368 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$354.2K
$309.9K – $413.2K
NOI $24,793 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Detached twin homes offer natural gas heating, basements with Bilco doors, and shared backyard access.
Where is this duplex located?
The property is located at Plains Township, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Detached property in Wilkes‑Barre with twin homes (Unit 60 and Unit 62) for live‑in or rental options; Unit 60: eat‑in kitchen, living room, dining room, 3 bedrooms, 1 full bathroom, plus mudroom/laundry; Unit 62: eat‑in kitchen, 2 bedrooms, 2 full bathrooms, plus mudroom/laundry
