322-324 Front Street, Nanticoke

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About This Property
An incredible investment opportunity awaits!This fully rented 7-unit property in the Hanover section of Nanticoke is the perfect addition to your portfolio.The property consists of one building with 6 well-maintained rental units & a separate single-family home,also a common area w/ coin operated washer & dryer.Consistent cash flow w/ all units currently occupied.Gross annual income is $79,200.00
This property has sold and is no longer on the market. It sold for $565,000 in May 2025. Contact us for other recent sales nearby. Listed by Classic Properties Back Mountain.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Very Good
Interior
- Basement
- Full Unfinished
- Interior Features
- Drywall
- Included
- 7 Refrigerators,7 Ranges,Coin operated washer & dryer and washer and dryer in single family home
Systems
- Heating
- Natural Gas
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Vinyl Siding
- Roof
- Composition
- Garage
- Detached
- Lot Dimensions
- 50X132
Location
- County
- Luzerne County
- School District
- Nanticoke
- Zoning
- Commercial
Costs & Listing
- Annual Taxes
- $4,758
- Gross Income
- $79,200
- Net Operating Income
- $61,037
- Cap Rate
- 10.17%
- MLS #
- 24-5033
- Listed By
- Classic Properties Back Mountain
Sale History at This Address
- May 2025 · this sale$565,000
- March 2023 · MLS #23-314$410,000
Between March 2023 and May 2025 the sale price for this address rose $155,000 (37.8%). Prices are as reported at closing.
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- 136 E Ridge Street, Nanticoke · Sold September 2026
- 430 Old Newport Street, Nanticoke · Sold August 2026
- 310 E Main Street, Nanticoke · Sold August 2026
- 22 S Walnut Street, Nanticoke · Sold August 2026