442 Centre St Freeland, PA 18224
Estimated payment $2,342/month
Highlights
- No HOA
- Living Room
- Dining Room
About This Home
Rare opportunity to own a fully renovated mixed-use building in prime condition. This income-generating gem features a recently updated, fully permitted restaurant space that is already leased and operational—offering immediate cash flow. The residential portion includes four well-maintained apartments: a spacious 4-bedroom unit currently owner-occupied (could be delivered vacant), a vacant studio ready for occupancy or additional rental income, and two fully leased 2-bedroom units with reliable tenants. With all permits up to date and renovations thoughtfully executed, this property is ideal for investors or owner-users looking for a stable, low-maintenance asset with upside potential.
Listing Agent
Iron Valley Real Estate - Coal Region License #RS377093 Listed on: 05/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,306
Year Built
- Built in 1900 | Remodeled in 2024
Lot Details
- 3,485 Sq Ft Lot
- Two or More Common Walls
Interior Spaces
- 5 Full Bathrooms
- 3 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Room
- Basement
Listing and Financial Details
- Assessor Parcel Number 22-R9NE2-017
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Gross Income $5,300
Map
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 | $3,282 | $132,000 | $9,800 | $122,200 |
| 2024 | $3,172 | $132,000 | $9,800 | $122,200 |
| 2023 | $3,122 | $132,000 | $9,800 | $122,200 |
| 2022 | $3,088 | $132,000 | $9,800 | $122,200 |
| 2021 | $3,012 | $132,000 | $9,800 | $122,200 |
| 2020 | $2,836 | $132,000 | $9,800 | $122,200 |
| 2019 | $2,737 | $132,000 | $9,800 | $122,200 |
| 2018 | $2,650 | $132,000 | $9,800 | $122,200 |
| 2017 | $2,603 | $132,000 | $9,800 | $122,200 |
| 2016 | -- | $132,000 | $9,800 | $122,200 |
| 2015 | -- | $132,000 | $9,800 | $122,200 |
| 2014 | -- | $132,000 | $9,800 | $122,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | Price Changed | $379,999 | -2.6% | $126,666 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $390,000 | -2.5% | $130,000 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $400,000 | -- | $133,333 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $50,000 | Toma Abstract | |
| Deed | -- | None Listed On Document | |
| Special Warranty Deed | $50,000 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $17,000 | None Available | |
| Deed | $131,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $121,900 | New Conventional | |
| Previous Owner | $167,800 | Commercial | |
| Previous Owner | $30,000 | Credit Line Revolving |
Source: Pocono Mountains Association of REALTORS®
MLS Number: PM-131984
APN: 22-R9NE2-017-008-000
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