116 Cherry St Dunmore, PA 18512
Estimated payment $3,659/month
Total Views
10,241
8
Beds
5
Baths
4,140
Sq Ft
$145
Price per Sq Ft
Highlights
- Living Room
- Ceiling Fan
- Baseboard Heating
- Dining Room
About This Home
Prime Investor Opportunity: Cash-Flowing Multi-Family Portfolio in Dunmore, PA Turnkey package deal in a prime location! Two adjacent properties--a triplex and a duplex--sold together, offering strong cash flow potential. Located in the heart of Dunmore, within walking distance to supermarkets, gas stations, post office, pharmacies, and more.Triplex Highlights (Front Property):Three spacious units, each featuring: 2 bedrooms + bonus room (ideal for office or 3rd bedroom) Kitchen, dining room, and living room Recently updated (4/5 units updated) Separate utilities for each unitDuplex Highlights (Rear Property):Two cozy 1-bedroom apartments Separate utilities and deedAdditional Income Streams: Two-car garage rented separately ($175/space, $350 total) (4) off-street parking spaces
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,199
Year Built
- Built in 1929
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50x105
Home Design
- Duplex
- Composition Roof
- Vinyl Siding
- Stucco
Interior Spaces
- 4,140 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 14615020040
- Tax Block 310
- $16,000 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $150
- Insurance Expense $275
- Water Sewer Expense $375
- Gross Income $60,900
- Net Operating Income $52,169
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,492 | $5,000 | $400 | $4,600 |
| 2024 | $1,276 | $5,000 | $400 | $4,600 |
| 2023 | $1,276 | $5,000 | $400 | $4,600 |
| 2022 | $1,197 | $5,000 | $400 | $4,600 |
| 2021 | $1,173 | $5,000 | $400 | $4,600 |
| 2020 | $1,173 | $5,000 | $400 | $4,600 |
| 2019 | $1,122 | $5,000 | $400 | $4,600 |
| 2018 | $1,103 | $5,000 | $400 | $4,600 |
| 2017 | $1,072 | $5,000 | $400 | $4,600 |
| 2016 | $564 | $5,000 | $400 | $4,600 |
| 2015 | -- | $5,000 | $400 | $4,600 |
| 2014 | -- | $5,000 | $400 | $4,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | For Sale | $599,000 | 0.0% | $145 / Sq Ft |
| 06/08/2023 06/08/23 | Rented | $12,600 | +1100.0% | -- |
| 06/07/2023 06/07/23 | Under Contract | -- | -- | -- |
| 05/10/2023 05/10/23 | For Rent | $1,050 | +10.5% | -- |
| 07/01/2021 07/01/21 | Rented | $950 | -13.6% | -- |
| 07/01/2021 07/01/21 | Under Contract | -- | -- | -- |
| 05/11/2021 05/11/21 | For Rent | $1,100 | -91.4% | -- |
| 11/25/2020 11/25/20 | Rented | $12,720 | +1238.9% | -- |
| 11/16/2020 11/16/20 | Under Contract | -- | -- | -- |
| 10/08/2020 10/08/20 | For Rent | $950 | -91.2% | -- |
| 03/13/2020 03/13/20 | Rented | $10,800 | +1100.0% | -- |
| 03/13/2020 03/13/20 | Under Contract | -- | -- | -- |
| 02/24/2020 02/24/20 | For Rent | $900 | 0.0% | -- |
| 05/02/2019 05/02/19 | Sold | $285,000 | -15.9% | $69 / Sq Ft |
| 02/24/2019 02/24/19 | Pending | -- | -- | -- |
| 11/06/2018 11/06/18 | For Sale | $339,000 | -- | $82 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $285,000 | Home Abstract & Setmnt Llc | |
| Deed | $78,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $213,750 | Purchase Money Mortgage | |
| Previous Owner | $225,000 | Commercial | |
| Previous Owner | $63,000 | Commercial | |
| Previous Owner | $50,000 | Commercial |
Source: Public Records
Similar Home in Dunmore, PA
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC253260
APN: 14615020043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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