Property profile

31 Main St 33 Pittston, PA 18640

OFF-MARKET
Office buildings
Property ID
US73-5654458
0.16 ac lot
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This property consists of two parcels on Main Street totaling approximately 5,000 square feet, and it is zoned for multi-family use. Under the applicable zoning parameters, the site has the potential to support construction of up to four units, or more with zoning approval, subject to required permits. The property includes recent exterior enhancements such as a roof replacement in 2025, along with new doors and windows and other completed exterior additions; however, the interior is largely unfinished and currently lacks plumbing, while electrical service is present and functional. An additional parcel is included and is intended to provide off-street parking capacity to support multi-unit development, though redevelopment is subject to approvals. Overall, the property is configured as a redevelopment site requiring substantial interior construction, permitting, and completion work.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 0.16 ac (6,970 SF)
APN 72-E11NE3-016-018
UPID US73-5654458

Cap rate & NOI

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

Location

31 Main St, Unit 33 Pittston, PA 18640
Pittston metro Census 210800 SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2013
5 recorded transactions
2013
Price N/A
2013
Price N/A
2012
$30,000
2008
$249,960
1969
Price N/A

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
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