145 Market St Nanticoke, PA 18634-2300
This exceptional four-unit apartment building presents a compelling investment opportunity in the thriving city of Nanticoke, Pennsylvania. Located at 145 S Market St, 18634, this well-maintained property boasts a strong net operating income (NOI) of $14,131. The asking price is $180,000, representing an attractive price per unit of $45,000. The building comprises three studio apartments and one commercial unit, offering a diverse tenant base. 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 opportunity to increase revenue through future lease adjustments. The property's strategic location in Nanticoke offers convenient access to key amenities and employment centers, including Luzerne Community College, Hanover Industrial Park, and the Chewy/Adidas Fulfillment Center. This prime location ensures consistent tenant demand and long-term stability. This is a turnkey investment ready for immediate income generation and potential appreciation. Don't miss this chance to acquire a profitable multifamily property in a desirable Pennsylvania location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.