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86-86 1/2 Belmont St, Carbondale, PA, 18407

6beds
4baths
3,000sqft
$62,990
$21price/sqft
$768/moest. monthly cost
$30,720/yrincome needed

About This Home

Investor Opportunity | Priced to Sell | Low TaxesCalling all investors, contractors, and renovation alike. This unique property features two deeds on one lot and offers tremendous potential for the right buyer. With low property taxes and plenty of upside, this could be an excellent addition to an investment portfolio or renovation project.All measurements, dimensions, square footage, taxes, and information contained herein are deemed reliable but are not guaranteed and should be independently verified by buyers and their representatives.The home is in need of significant repairs and updates and is being sold as-is. Bring your vision and tools to restore this property to its full potential.Exercise caution when touring the property. Property may not qualify for traditional financing due to condition. Whether you're looking for your next flip, rental property, or redevelopment opportunity, this property presents a chance to create value at an attractive price point.Property being sold as-is. Buyer responsible for all due diligence.***Property is in distressed condition. Please use extreme caution when touring. Watch your footing and be aware of potential trip hazards and unstable conditions. Children are not recommended during showings. Appropriate footwear is recommended.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
Carbondale El SchoolGrades PK-61.2 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: See Remarks

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex Side by Side,See Remarks
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Dirt Floor,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • High Ceilings
  • Finished area below ground: 0
  • Finished area above ground: 3,000

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 04514010030
  • Zoning: R2

Features

  • Stories: 2
  • Spa features: None

Lot

  • Lot size: 8,712 sqft
  • Features: Rectangular Lot
  • Lot size dimensions: 30 x 150 x 28 x 150

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $318$3,816
Home Insurance *$48$576
Property Taxes $73$876
Electricity $329$3,949
Total$768$9,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,331/yr
40% on housing$23,040/yr
45% on housing$20,480/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$21This listing

vs Other Active Listings

Avg $/sqft

ZIP 18407$114
Lackawanna County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 18407$112
Lackawanna County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$62,990
2026-07-15Price change$62,990
2026-06-10Listed for sale$67,990

For Sale by Agent

AgentJulissa Contreras
BrokerageLUXE Homes Real Estate LLC

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