164 5 S Main Street, Carbondale, PA 18407 (MLS# 25-5654)

164 5 S Main Street, Carbondale, PA 18407

$1,550,000

Property Type: Residential Income Square Footage: 15,000 Status: Active

Current Price: $1,550,000 List Date: 11/06/2025 Last Modified: 11/06/2025

Description

Exceptional redevelopment opportunity in the heart of Carbondale's revitalized Main Street district. All architectural schematic plans are completed and building permits are in place, positioning this property for immediate construction. Approved for 17-24 residential units, this project offers flexibility for multifamily, mixed-use, or workforce housing development.

More Information MLS# 25-5654

Property Information

Realtor.COM Type: Multi-Family Est Age Range: 41 - 50 Yrs Lot Size: 1 ACRE # Spaces off-Street: 50 Parking: Off-Street Property Sub Type: Multi Family Aprx Total SF: 15000

Location, Tax & Legal

Zoning: Multi-Family PIN #: 05509010014 DB/Record Book: 05509010014 Page: 05509010014 Total County Assmnt: 1000000 Est County Tax: 3000 Est Total Tax: 15000 House # (1): 164 5 Street Direction Pfx: S Street Name: Main Street Suffix: Street City (Post Office): Carbondale State/Province: PA Zip Code: 18407 County: Lackawanna MLS Area: Wilkes Barre School District: Carbondale Municipality: Carbondale Develop/Subdivision: None

Remarks & Directions

Hot Sheet Comment: new

Expenses

Annual Gross Income: 285000 Annual Electric Exp: 0 Annual Gas Exp: 0 Annual Othr Fuel Exp: 0 Annual Water Exp: 0 Annual Sewer Exp: 0 Annual Garbage Remvl: 0 Annual Real Est Tax: 0 Annual Fire/Liabilty: 0 Annual Flood Ins: 0 Annual Lawn Maint.: 0 Annual Snow Removal: 0 Annual Other Misc: 0 Total Annl Expenses: 0 Anl Net Inc b/4 Debt: 0

Heat Fuel Type

Electric: 1 Gas: 1 Oil: 1 Solar: 1

Interior Finish

Drywall: 1 Plaster: 1

Heat Type

Combination: 1

Condition

Very Good: 1

AC Type

Central: 1 Wall Units: 1

Water

Public: 1

Exterior

Brick: 1 Stucco: 1

Sewer

Public: 1

Roof

Rubber: 1

Basement

Concrete Floor: 1 Full-Finished: 1

Unit 1 Info

Approx SF: 750 Monthly Rent: 1350 Kitchen Style: Modern Lease: N Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: N Sewer in Rent: N

Unit 2 Info

Monthly Rent: 0 Kitchen Style: Modern Lease: N Heat in Rent: N Hot Water in Rent: N Electric in Rent: N Water in Rent: N Sewer in Rent: N

Listing Information

Current Price: $1,550,000 List Price: $1,550,000 List Date: 2025-11-06

Remarks Directions

Directions: Carbondale PA 18704 164 S Main Street

Status Change Information

Status: Active

Property Features

Heat Fuel Type: Electric; Gas; Oil; Solar Heat Type: Combination AC Type: Central; Wall Units Condition: Very Good Exterior: Brick; Stucco Roof: Rubber Interior Finish: Drywall; Plaster Water: Public Sewer: Public Basement: Concrete Floor; Full-Finished

Listing Office: OB International Real Estate

Listing Agent: Ofra Beigel

Last Updated: November - 06 - 2025

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing