27 Farview Street, Carbondale, PA 18407
Lackawanna County
Key Facts
Description
Turnkey 11-Unit Investment Opportunity - Farview West Apartment ComplexRare opportunity to acquire a well-maintained, income-producing 11-unit residential and 1 commerical tenant mixed use property. The Farview West Apartment Complex consists of spacious one- and two-bedroom apartments featuring open floor plans and high ceilings, attracting strong and consistent tenant demand.Ideally located within walking distance to downtown Carbondale's restaurants, shopping, and local amenities, the property benefits from a desirable rental location with long-term occupancy appeal.Property amenities include on-site laundry with rent included, common lounge area, 24/7 secured entry, and off-street parking. This property presents a significant value-add opportunity as 9 more apartments can be added, 4 are already started and plans are already approved. Call for details
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1960
Stories
2
Living Area
31,700 sq ft
Lot Size
1.10 acres
Lot Dimensions
40X63X91X40X154
Zoning
C2
Days on Market
1
MLS® Listing#
SC261239
Property Features
Financial Details
Annual Taxes
$9,133
Tax year 2025
Assessed Value
$2,400
Parcel Number
04513010036
Directions
From Fallbrook St, turn onto Fairview St.
Affordability Calculator
$398,000
Estimated monthly payment
$10,592/mo
Principal $1,592,000 · Est. interest $2,220,982 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Carbondale, PA
- $209,091
- Median Listing Price
- 57
- Median Days on Market
- 1,872
- Median Sq Ft
- $107
- Median Price / Sq Ft
- 23
- Active Listings
- This home’s price is 852% above the area median.
- Its price per sq ft is 42% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Carbondale, PA.
Location
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Listing Courtesy: Real of Pennsylvania - 8554500442
Presented by: Colin Striefsky