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1055-1057 Lincoln Street, 
Dickson City, PA 18519

$288,500


6

Beds


3

Baths


2,475

Sq Ft


Multi-Family

Active

Listed by

Jessica Suchter

Lewith & Freeman Re, Inc.

570-585-0600

Last updated:

June 14, 2025, 10:59 PM

MLS#

SC252828

Source:

PA GSBR

About This Home

1055-1057 Lincoln Street

*11++ CAP RATE OPPORTUNITY*This well-maintained, owner & tenant fully-occupied multifamily offers both new and seasoned investors loads of opportunity.There are 3 distinct units: a fully renovated first floor 1/1, ready to impress your future tenant; a first floor 3/1 that is 85 percent renovated, giving you room to increase its current market rent value simply by adding new appliances and kitchen cabinets; and though in move-in ready condition, the 2nd floor 2/1 unit is still awaiting its full makeover...should you wish.Each unit benefits from separated electric and gas utilities maximizing operational efficiency. Take note that current market rent values for these units will put this property's cap rate well above 11 immediately! The low-maintenance exterior provides a beautifully manicured courtyard that adds curb appeal and creates a welcoming atmosphere for occupants. Parking will never be an issue with off-street spaces for up to seven vehicles plus an oversized two-car garage (Heads up: the garage roof needs a replacement--so please no FHA/VA financing offers)Located near major commuting routes, the property is just minutes from dining, groceries, big box stores, entertainment venues, medical facilities, and most any daily amenities. This triplex is a winning combination for anyone's real estate portfolio, or to just off-set your own mortgage with 2 rental incomes coming in. There's plenty of room to play it here, so run the numbers...and combine its immediate rental income opportunity with the potential for appreciation through strategic renovations and quickly realize those maximized returns!

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1940

Price Summary

288,500

$116 per Sq. Ft.

MLS #:

SC252828

Last Updated:

June 14, 2025, 10:59 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,475 Sq. Ft.


Structure

Structure

Building Area:

2,475 Sq. Ft.

Year Built:

1940


Finances & Disclosures

Finances

Price:

$288,500

Price per Sq. Ft:

$116 per Sq. Ft.

Source:PA GSBR
The information being provided by Greater Scranton Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Scranton Board of Realtors All rights reserved.

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