Property profile

160-162 Grand 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. Located at 160-162 E Grand St, Nanticoke, PA 18634, this multifamily property presents a strong value proposition. The asking price is $180,000, translating to $60,000 per unit. Each of the three units is currently occupied, with tenants responsible for their own utilities, minimizing the owner's operational expenses. The existing leases are below market rates, presenting a significant opportunity to increase rental income upon lease renewal. This property benefits from its proximity to key locations, including Luzerne Community College, Hanover Industrial Park, and the Chewy/Adidas Fulfillment Center, ensuring a consistent demand for rental units. The property's strong location and below-market leases make it an attractive investment for both seasoned and new investors seeking a stable and potentially high-return property in a growing area. This is a turnkey opportunity to acquire a well-maintained multifamily property with immediate cash flow potential and significant upside.

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

160-162 Grand 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 160-162 Grand 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