About This Home

This 0-bedroom, 0-bathroom multi-family at 164 S Main Street in Carbondale, PA is listed for $1,125,000 ($66 per sqft). the home offers 17,000 sqft of living space on a 1.00 acres lot.

Key Features

  • 1.00 acre lot
  • 2 stories

Property Details

2 stories
Listing Description

SHOVEL-READY MULTIFAMILY REDEVELOPMENT OPPORTUNITY Downtown Carbondale, Pennsylvania Prime redevelopment opportunity in Carbondale's Downtown Main Street District. This project is fully entitled and shovel-ready, with residential zoning approved, architectural and MEP plans completed, and permits approved, allowing a developer to move directly toward construction without the lengthy entitlement and design process.

The property is designed and approved for 17-24 residential units (Group R-2 Multifamily), with flexible layouts suitable for market-rate or workforce housing. PROJECT HIGHLIGHTS - Shovel-ready multifamily development - Residential zoning approved - Approved for 17-24 residential units - Architectural and schematic plans completed - MEP plans compl

eted and ready for construction - UCC / IBC-2018 compliant permits approved - Utilities and infrastructure on site - Prime Downtown Main Street location - Convenient access to shops, employers, services, and public transportation - Flexible residential configuration with significant redevelopment upside - Opportunity to save substantial time and pr

e-development costs by acquiring an already entitled project IDEAL FOR Developers, builders, investors, and multifamily operators seeking a ready-to-build residential project with strong upside in Northeastern Pennsylvania. With zoning, design, engineering, and permitting already completed, a new owner can focus on construction, lease-up, and execution rather than entitlement risk. Offered at $1,125,000 | Buyer Broker Commission: 3%

Monthly Cost Estimate

$6,017/mo

20% down · 6.5% · 30 years

Principal$814
Interest$4,875
Insurance$328

Estimates only. Actual payments may vary.

Location

164 S Main Street

Carbondale, PA 18407

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 164 S Main Street is listed at $1,125,000 ($66/sqft). The estimated monthly payment is $6,017 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.00 acre lot, 2 stories.

This property is listed by Ofra Beigel.

OB

Ofra Beigel

Agent at OB INTERNATIONAL REAL ESTATE

Listed by OB INTERNATIONAL REAL ESTATE · Broker phone: 646-844-4172 · View on Broker Site

MLS# 12032629· Source: My State MLS· 16 days on PropertySimple

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.

164 S Main Street, Carbondale, PA 18407

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