55-57 Loomis St Nanticoke, PA 18634
This well-maintained, two-unit apartment building presents a compelling investment opportunity in the heart of Nanticoke, Pennsylvania. Located at 55-57 Loomis Street, this property offers two spacious units: a three-bedroom unit and a four-bedroom unit. Each unit is individually metered, with tenants responsible for their own utilities, minimizing landlord expenses and maximizing rental income. Currently, the leases are below market value, presenting a significant opportunity to increase profitability. The property's strategic location offers easy access to key amenities and employment centers. It's conveniently situated near Luzerne Community College, the Hanover Industrial Park, and the Chewy/Adidas Fulfillment Center, ensuring a consistent demand for rental units. The asking price for this turnkey investment is $170,000, representing an attractive price per unit of $85,000. This property is ideal for investors seeking a stable, cash-flowing asset with significant upside potential. The property is situated in Luzerne County, Pennsylvania, with a zip code of 18634. This is a rare opportunity to acquire a well-located, income-producing property in a growing area. Don't miss out on this chance to add a valuable asset to your portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.