222 Lincoln St - Apartments FOR SALE


Dupont, PA 18641
$450,000 USD
570-714-9250
222 Lincoln St, Dupont, PA for Sale
$450,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

222 Lincoln St
Dupont, PA 18641


HIGHLIGHTS

  • Approved zoning variances and sewer approvals support a planned multifamily conversion.
  • Existing plans allow for 12 apartment units with potential expansion to 16 units.
  • Rear truck-accessible area accommodates deliveries, equipment access, and operational needs.
  • Flexible redevelopment potential for multifamily, contractor, storage, or commercial users.
  • Existing residential unit offers interim income potential during project planning.
  • Large existing structure provides a foundation for phased redevelopment and future expansion.

OVERVIEW

Outstanding opportunity to acquire a well-located property with strong redevelopment potential in Dupont. The property is being offered as-is in its current condition, with approved zoning variances, sewer approval, already in place for a proposed multifamily conversion. Current plans allow for the creation of 12 apartment units within the existing structure, with the potential to expand to 16total units if an additional second-floor addition is added to the existing one-story portion of the building. This gives an investor or developer the ability to move forward with a scalable multifamily project while still having flexibility in the final scope and budget. The property also offers excellent alternative use potential for a contractor, tradesman, storage user, or commercial operator. The rear of the building provides practical access for trucks, equipment, deliveries, loading, unloading, and daily business operations, making it useful for a wide range of commercial or mixed-use needs. In addition, the property currently includes a functioning residential unit with estimated rental potential of approximately $1,200 per month, providing income potential while future plans are being finalized. With its large structure, approved redevelopment path, sewer and local approvals, truck-accessible rear area, and multiple possible uses, 222 Lincoln St is a rare opportunity for an investor, contractor, or owner-user looking for upside in a strong Dupont location.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$30 USD /SF

# OF UNITS

12

PRICE/UNIT

$37,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

26-4333

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,330 SF

ZONING

Residential

APN/PARCEL ID

15-E12NE4-017-017-000-000

ASK ABOUT THIS PROPERTY

Carmen WintersLewith & Freeman Real EstateMore Info
570-714-9250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carmen WintersLewith & Freeman Real EstateMore Info
570-714-9250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.