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Property profile & analytics
OFF-MARKET
Hospitality properties

3243 Sullivan Trl Falls, PA 18615

4,500 SF 1.63 ac lot Built 1955
Property ID
Property summary
AI-generated overview

This exceptional 4,500 square foot, two-story apartment building presents a compelling investment opportunity in Falls, Pennsylvania. Situated on a spacious 1.63-acre lot with high visibility on Route 92, this property enjoys convenient access to Clarks Summit, Dallas, Tunkhannock, and Pittston (all within a 15-minute radius). Originally a tavern, the building has undergone significant renovations in 2019 and 2024, including a new septic system, furnace, upgraded 400-amp electrical service, and PEX plumbing. A large 1,000 square foot deck enhances the property's appeal. Currently, the first floor is configured as retail space, offering flexibility for various commercial uses. The second floor provides ample space for conversion into apartments or additional office space, potentially increasing the unit count to four or five. The property is zoned for commercial use, allowing for diverse development possibilities. This multifamily investment boasts a strong location and substantial recent upgrades, making it an attractive prospect for savvy investors seeking high-return potential in a desirable Pennsylvania market. The building was constructed in 1955 and features four existing units.

Property profile
Verified
Property type Hospitality properties
Year built 1955
Total area 4,500 SF
Lot 1.63 ac (71,003 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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