$220,000
SOLD MAR 6, 2025

107 2nd St Olyphant, PA 18447

4 Beds
2 Baths
1,520 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • Porch
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan

About This Home

As of March 2025

This generously productive duplex is a dream investment property, offering a 11-12 percent cap rate and a proven history of steady income. With all utilities separately metered, this property maximizes earning potential while minimizing liability, making it an ideal addition to your portfolio.The First-Floor Unit exudes historical charm with modern updates. It features a modern kitchen, three spacious bedrooms, and a large private front and side porch--perfect for relaxing or entertaining. Consistently rented for 1,500/month for the past 4 years.The Second-Floor Unit has been owner occupied. It is fully remodeled with modern finishes, new flooring, and upgraded appliances. It offers a bright and stylish 1-bedroom layout with a modern bathroom and private laundry.Market rent estimated at 900/month+. Both units include their own laundry rooms for added tenant convenience. Outside, enjoy a large backyard, a new rear roof, and a brand-new sewer line--valuable updates that ensure low maintenance for years to come.Nestled in a great location close to local amenities, this property combines charm, functionality, and incredible earning potential. Don't miss this opportunity to own a well-maintained and highly profitable income property!Schedule your private tour today and start earning tomorrow!

Last Agent to Sell the Property

Kate Daye

Revolve Real Estate License #RM425525 Listed on: 01/29/2025

Last Buyer's Agent

Kate Daye

Revolve Real Estate License #RM425525 Listed on: 01/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Back Yard

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Luxury Vinyl Tile Flooring
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 11406010042
  • $6,500 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,800
  • Gross Income $28,800
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,259

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Directions: From PA-347 S turn left onto Dundaff St, turn left onto 3rd street, turn right onto W Grant St, turn right onto 2nd St, House will be on the right hand side.
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Back Yard
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1520
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Reso Structure Type: Multi Family
  • AuctionYN: No
  • SchoolTaxAmount: 843.63
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range, Washer, Refrigerator, Electric Range, Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Has Basement: Exterior Entry, Unfinished
  • Flooring: Luxury Vinyl
  • Number Of Buildings: 1
  • Basement YN: Yes
  • Fireplace Features: None

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Driveway, On Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas, Electric
  • Utilities: Electricity Available, Water Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Valley View

Lot Info

  • Zoning: R03
  • Current Use: Investment, Residential
  • Lot Dimensions: 50X150
  • Parcel #: 11406010042

Tax Info

  • Tax Year: 2021
  • New Taxes Expense: 1200
  • Tax Annual Amount: 1259.12
  • Tax Book Number: 0889/0222
  • Tax Other Annual Assessment Amount: 6500

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800
  • Income Includes: ["Rent Only"]
  • Insurance Expense: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Apr 5, 2021
Sold by
Bogaski Erik J
Bought by
Moxley Dylan
Seller's Agent
Alice Manley
REALTY NETWORK GROUP
Buyer's Agent
Kate Daye Ruane
ERA One Source Realty
List Price
$124,900
Sold Price
$127,200
Premium/Discount to List
$2,300
1.84%
Current Estimated Value
$225,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,084
Avg. Annual Appreciation
13.39%
Original Mortgage
$124,896
Outstanding Balance
$112,946
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$112,338

Purchase Details

Listed on
Jul 11, 2015
Closed on
Oct 12, 2015
Sold by
Hazelton Thomas J and Hazelton Susan E
Bought by
Bogaski Erik J
Seller's Agent
Kacey Walsh
Weichert Realtors - Molner Group
Buyer's Agent
Dana DeLeo
REALTY NETWORK GROUP
List Price
$100,000
Sold Price
$82,000
Premium/Discount to List
-$18,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$79,263
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2003
Bought by
Hazelton Thomas J and Hazelton Usan E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $127,200 Abstract Llc
Deed $82,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,896 FHA
Previous Owner $79,263 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2025 03/06/25 Sold $220,000 -2.2% $145 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $225,000 +76.9% $148 / Sq Ft
05/05/2021 05/05/21 Sold $127,200 +1.8% $84 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $124,900 +52.3% $82 / Sq Ft
10/13/2015 10/13/15 Sold $82,000 -18.0% $61 / Sq Ft View Prior Sale
08/23/2015 08/23/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $100,000 -- $74 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,474 $6,500 $0 $6,500
2024 $1,259 $6,500 $0 $6,500
2023 $1,259 $6,500 $0 $6,500
2022 $1,234 $6,500 $0 $6,500
2021 $1,224 $6,500 $0 $6,500
2020 $1,224 $6,500 $0 $6,500
2019 $1,125 $6,500 $0 $6,500
2018 $1,103 $6,500 $0 $6,500
2017 $1,096 $6,500 $0 $6,500
2016 $723 $6,500 $0 $0
2015 -- $6,500 $0 $0
2014 -- $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC250398

Greater Scranton Board of REALTORS®

APN: 11406010042