Property profile

0 Noble St Nanticoke, PA 18634

OFF-MARKET
Apartment buildings
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This well-maintained three-unit apartment building is ideally situated in the heart of Nanticoke, Pennsylvania, offering a compelling investment opportunity. The property consists of three identical units, each featuring two bedrooms and one bathroom. All units include a garage. A significant advantage is that all tenants are responsible for their own utilities, minimizing operational expenses for the owner. Currently, the leases are below market rates, presenting a clear path to increase profitability through future rent adjustments. The property boasts a strong net operating income (NOI) of $26,026, making it an attractive investment with a solid return potential. Its convenient location near Luzerne Community College, Hanover Industrial Park, and the Chewy/Adidas Fulfillment Center ensures consistent tenant demand. The asking price is $255,000, translating to $85,000 per unit. This represents a rare opportunity to acquire a well-positioned multifamily property in a growing area with significant upside potential. The property's strong cash flow and potential for rent increases make it an ideal addition to any investment portfolio.

Property profile

Verified
Property type Apartment buildings

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Noble St Nanticoke, PA 18634
Nanticoke metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Noble St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message