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151-157 N Main St 6 Unit Apartment Building $1,825,000 ($304,167/Unit) 8% Cap Rate Pittston, PA 18640
Investment Highlights
- Mixed-use investment opportunity
- High-visibility location
- Well-maintained property
- Excellent addition to an income-producing portfolio
Executive Summary
8% Cap Rate | Stabilized Mixed-Use Investment
Exceptional mixed-use investment opportunity featuring residential apartments and commercial storefronts in a highly visible location near downtown Pittston. This well-maintained property offers a strong tenant mix, consistent income potential, and excellent long-term investment value. Conveniently located near major roadways, shopping, dining, and local amenities, making it an attractive addition to any investment portfolio.
Exceptional mixed-use investment opportunity featuring residential apartments and commercial storefronts in a highly visible location near downtown Pittston. This well-maintained property offers a strong tenant mix, consistent income potential, and excellent long-term investment value. Conveniently located near major roadways, shopping, dining, and local amenities, making it an attractive addition to any investment portfolio.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,825,000 | Building Class | B |
| Price Per Unit | $304,167 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 9,198 SF |
| Cap Rate | 8% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1900 |
| Property Type | Multifamily | Parking Ratio | 1.09/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | Commercial | ||
| Price | $1,825,000 |
| Price Per Unit | $304,167 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 9,198 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $254,400 (2026) | |
| Land Assessment | $104,700 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $149,700 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$104,700 (2026)
Improvements Assessment
$149,700 (2026)
Total Assessment
$254,400 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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151-157 N Main St