A Remarkable Investment Opportunity for Serious Investors!
Whether you're looking to start, expand, or diversify your investment portfolio, this impressive 5-unit income-producing property deserves your attention. Featuring long-term tenants and a potential annual gross income of over $68k when fully occupied, this property offers a solid income opportunity with additional potential for rental increases. Tenants are responsible for their own expenses, with the exception of water, which is included with all units rent fees. Conveniently located near major streets, schools, parks, and shopping centers, this property combines accessibility with excellent investment potential.
But the opportunity doesn't end with the five existing units!
The rear building offers exciting possibilities for further expansion. With the potential to be converted into an additional 2-bedroom, 1-bathroom unit with separate utilities, this space could generate an estimated $1,350 per month in additional rental income. That's an estimated $84,900 in potential annual gross income when all six units are occupied at the projected rental rates!
For investors who understand the numbers, this property presents an opportunity to maximize cash flow, increase rental income, and build long-term portfolio value.
The numbers speak for themselves, and the potential is worth exploring!
Schedule your private showing today and discover what this unique investment opportunity could mean for your portfolio.
A quick professional note: Buyer(s) along with buyer's agent to verify with proper local authorities that the rear building can legally be converted into a separate residential unit, all subject to necessary approvals by local zoning, permits and building ordinances.
Contact Showing Time or call for your private showing, please allow 48 hrs. All offers welcome. WEEKEND SHOWINGS ONLY.
PLEASE NOTE: All dimensions, including square footage data, are approximate and must be verified by the buyer and or tenant. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and the agent assumes no responsibility for the correctness thereof. The sale offering and or rental is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, age, familial status or disability. This is not intended to solicit property currently listed. This includes property taxes which are subject to change as they may increase in price from one year to another. Buyer and buyer's agent are responsible for confirmation and accuracy.
For sale
$474,900
119 W Grand St, Nanticoke, PA 18634
11beds
6baths
4,250sqft
Multi Family
Built in 1925
-- sqft lot
$467,200 Zestimate®
$112/sqft
$-- HOA
What's special
- 16 days
- 246
- 12
Zillow last checked:
Listing updated:
Listed by:
Willford Balmaceda 570-606-6741,
Avanti Real Estate Group 570-718-2025
Source: Luzerne County AOR,MLS#: 26-5596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- Natural Gas
Interior area
- Total structure area: 4,250
- Total interior livable area: 4,250 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
- Garage spaces: 2
- Uncovered spaces: 2
Lot
- Size: 5,460 Square Feet
- Dimensions: 42 X 130
Details
- Parcel number: 42J7SE4 014004000
- Zoning: Multi-Family
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
- Roof: Composition
Condition
- Good
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Nanticoke
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $103,100
- Annual tax amount: $3,083
- Date on market: 10/28/2026
- Inclusions: 5 Refrigerators, 5 Stoves.
- Exclusions: Personal property and tenants personal property.
Estimated market value
$467,200
$444,000 - $491,000
$1,268/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Listed for sale | $474,900+97.9%$112/sqft |
Source: Luzerne County AOR #26-5596 Report a problem | ||
| 12/5/2023 | Sold | $240,000-4%$56/sqft |
Source: Public Record Report a problem | ||
| 8/26/2023 | Listing removed | -- |
Source: Luzerne County AOR #23-3938 Report a problem | ||
| 8/22/2023 | Listed for sale | $249,900+149.9%$59/sqft |
Source: Luzerne County AOR #23-3938 Report a problem | ||
| 4/4/2017 | Sold | $100,000-9.1%$24/sqft |
Source: Public Record Report a problem | ||
| 3/9/2017 | Pending sale | $110,000$26/sqft |
Source: CENTURY 21 Smith Hourigan Group #17-887 Report a problem | ||
| 2/27/2017 | Listed for sale | $110,000-12%$26/sqft |
Source: CENTURY 21 Smith Hourigan Group #17-887 Report a problem | ||
| 12/1/2016 | Listing removed | $125,000$29/sqft |
Source: Century 21 Signature Properties #16-1594 Report a problem | ||
| 8/2/2016 | Price change | $125,000-13.8%$29/sqft |
Source: CENTURY 21 Signature Properties #16-1594 Report a problem | ||
| 4/2/2016 | Listed for sale | $145,000$34/sqft |
Source: Century 21 Signature Properties #16-1594 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,690 +6.3% | $103,100 |
| 2022 | $2,530 | $103,100 |
| 2021 | $2,530 +3.1% | $103,100 |
| 2020 | $2,455 | $103,100 |
| 2019 | $2,455 +1.8% | $103,100 |
| 2018 | $2,412 +62.5% | $103,100 -30.6% |
| 2017 | $1,485 | $148,500 |
| 2016 | $1,485 | $148,500 |
| 2015 | -- | $148,500 |
| 2014 | -- | $148,500 |
| 2013 | -- | $148,500 |
| 2012 | -- | $148,500 |
| 2011 | -- | $148,500 |
| 2010 | -- | $148,500 |
| 2009 | -- | $148,500 +2755.8% |
| 2008 | -- | $5,200 |
| 2007 | -- | $5,200 |
| 2006 | -- | $5,200 |
| 2005 | -- | $5,200 |
| 2004 | -- | $5,200 |
| 2003 | -- | $5,200 |
| 2002 | -- | $5,200 |
| 2000 | -- | $5,200 |
Find assessor info on the county website
Monthly payment
Est. payment







