256 E Grove St Pringle, PA 18704
Pringle AreaEstimated payment $4,163/month
Highlights
- Brick Exterior Construction
- Heating System Uses Steam
- 5-minute walk to Korn Street Park
About This Home
Exceptional 6-Unit Investment Opportunity in the Highly Desirable Pringle/Kingston Area! Don't miss this rare chance to own a high-performing multifamily property featuring two buildings on one parcel, with one deed, offering incredible income potential and long-term value! Currently generating an impressive 9% CAP Rate with 5 fully renovated, occupied units, this investment becomes even stronger once the 6th unit-needing only a few finishing touches-is completed and leased, increasing the projected CAP Rate to 11% or better! The property includes a 5-unit apartment building and a spacious single-family home situated on a generous lot with ample off-street parking. The apartment building has seen numerous updates throughout, including newer flooring, fresh paint, updated light fixtures, countertops, cabinets, appliances, and more. Roofs on both buildings are approximately 10 years old. The expansive single-family home offers 5 large bedrooms, 2 bathrooms, a home office, a sunroom, and a relaxing jacuzzi tub, making it an excellent owner's residence or an additional income-producing rental. Utilities are separate for the single-family home, while tenants in the apartment building pay their own utilities with the exception of water. All 5 Units in the apartment building are 2 bedrooms, 1 bathroom. Whether you're looking to house hack by living in the single-family home while the apartment building covers your mortgage and then some, or maximize your returns by renting all 6 units, this property offers exceptional flexibility and outstanding cash flow potential. Opportunities like this are hard to find in such a sought-after location. Schedule your private showing today and see why this property is a standout addition to any investment portfolio!
Listing Agent
Christian Saunders Real Estate License #RS372387 Listed on: 07/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,264
Lot Details
- Lot Dimensions are 69x153
Parking
- Off-Street Parking
Home Design
- 7,550 Sq Ft Home
- Brick Exterior Construction
- Fire Rated Drywall
- Composition Shingle Roof
- Vinyl Siding
- Stucco Exterior
Bedrooms and Bathrooms
- 15 Bedrooms
- 7 Full Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Heating System Uses Steam
Community Details
Overview
- 6 Units
Building Details
- Water Sewer Expense $2,200
- Real Estate Tax Expense $5,264
- Gross Income $74,400
- Net Operating Income $74,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,264 | $205,000 | $35,000 | $170,000 |
| 2025 | $5,245 | $205,000 | $35,000 | $170,000 |
| 2024 | $5,245 | $205,000 | $35,000 | $170,000 |
| 2023 | $5,152 | $205,000 | $35,000 | $170,000 |
| 2022 | $5,115 | $205,000 | $35,000 | $170,000 |
| 2021 | $4,963 | $205,000 | $35,000 | $170,000 |
| 2020 | $4,963 | $205,000 | $35,000 | $170,000 |
| 2019 | $4,812 | $205,000 | $35,000 | $170,000 |
| 2018 | $4,657 | $205,000 | $35,000 | $170,000 |
| 2017 | $4,484 | $205,000 | $35,000 | $170,000 |
| 2016 | -- | $205,000 | $35,000 | $170,000 |
| 2015 | -- | $205,000 | $35,000 | $170,000 |
| 2014 | -- | $205,000 | $35,000 | $170,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $675,000 | 0.0% | $89 / Sq Ft |
| 06/12/2026 06/12/26 | Rented | $1,250 | 0.0% | -- |
| 05/20/2026 05/20/26 | For Rent | $1,250 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $205,000 | None Available | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,000 | Credit Line Revolving | |
| Closed | $148,500 | New Conventional | |
| Closed | $164,000 | Purchase Money Mortgage |
Source: Luzerne County Association of REALTORS®
MLS Number: 26-3548
APN: 52-G9S1-015-018
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Ask me questions while you tour the home.