Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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