# 116 Salem Ave, Carbondale, PA 18407 > **TL;DR:** 0bd/30ba single family, $795,000 ($25/sqft), 31,500 sqft. > 49-car garage. Est. $4,252/mo. Listed 18 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $795,000 | | Price/sqft | $25 | | Bathrooms | 30 full | | Square Feet | 31,500 | | Stories | 3 | | Garage | 49-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 18 | ## Why This Home Stands Out - **Large Garage** - 49-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,020 | | Estimated Insurance | $232 | | **Total** | **$4,252** | ## Key Amenities - 49-car garage ## Property Highlights - 3 stories ## Description ### Agent Description FULLY ENTITLED, SHOVEL-READY MULTIFAMILY 116 Salem Avenue, Carbondale, PA | 26 Approved Units | $795,000 Skip the approval process. This former school property in downtown Carbondale is zoning approved for 26 residential units and mixed-use redevelopment, with a special exception for parking and architectural plans in hand. At roughly $30,600 per approved unit, it offers one of the most efficient entry points into multifamily development in Northeastern Pennsylvania. Property Highlights - 26 approved residential units plus mixed-use potential - Approx. 32,272 SF existing building on a 43,000 SF site - Three contiguous parcels with frontage on Salem Ave, Spring St and Prince St - 49 on-site parking spaces with approved parking exception - Prominent, high-visibility corner with multiple access points - Architectural plans available The former school layout lends itself naturally to residential conversion, with space for common areas, storage and resident amenities. The location offers access to the Scranton/Wilkes-Barre region, major transportation corridors and growing regional employment. Offered at $795,000 Buyer Broker Commission: 3% ## Location - **Address:** 116 Salem Ave, Carbondale, PA 18407 - **County:** Lackawanna - **Coordinates:** 41.571649, -75.498084 - **Google Maps:** https://www.google.com/maps?q=41.571649,-75.498084 ## Listing Agent - **Name:** Ofra Beigel - **Brokerage:** OB INTERNATIONAL REAL ESTATE - **Broker Phone:** 646-844-4172 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/116-Salem-Ave_Carbondale_PA_18407_M98013-91160?f=listhub&s=NYSMLS&m=12023874&c=propsimple) ## Photos ![116 Salem Ave - Photo 1](http://lh.rdcpix.com/892dc4f31ca94e7cf1f74e286243cd69l-f2079882336r.jpg) ![116 Salem Ave - Photo 2](http://lh.rdcpix.com/892dc4f31ca94e7cf1f74e286243cd69l-f110300973r.jpg) ![116 Salem Ave - Photo 3](http://lh.rdcpix.com/892dc4f31ca94e7cf1f74e286243cd69l-f2476681558r.jpg) --- **MLS#:** 12023874 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/116-salem-ave-carbondale-pa-18407-6e4e31d4c98e4af4a286752a099d7c47) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/116-salem-ave-carbondale-pa-18407-6e4e31d4c98e4af4a286752a099d7c47#listing", "url": "https://www.propertysimple.ai/listing/116-salem-ave-carbondale-pa-18407-6e4e31d4c98e4af4a286752a099d7c47", "name": "116 Salem Ave, Carbondale, PA 18407", "description": "FULLY ENTITLED, SHOVEL-READY MULTIFAMILY 116 Salem Avenue, Carbondale, PA | 26 Approved Units | $795,000 Skip the approval process. This former school property in downtown Carbondale is zoning approved for 26 residential units and mixed-use redevelopment, with a special exception for parking and architectural plans in hand. At roughly $30,600 per approved unit, it offers one of the most efficient entry points into multifamily development in Northeastern Pennsylvania. Property Highlights - 26 approved residential units plus mixed-use potential - Approx. 32,272 SF existing building on a 43,000 SF site - Three contiguous parcels with frontage on Salem Ave, Spring St and Prince St - 49 on-site parking spaces with approved parking exception - Prominent, high-visibility corner with multiple access points - Architectural plans available The former school layout lends itself naturally to residential conversion, with space for common areas, storage and resident amenities. The location offers access to the Scranton/Wilkes-Barre region, major transportation corridors and growing regional employment. 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