509 Beech St Scranton, PA 18505
South Side NeighborhoodEstimated payment $6,146/month
Total Views
4,040
--
Bed
--
Bath
7,994
Sq Ft
$121
Price per Sq Ft
Highlights
- Paneling
- Coin Laundry
- Community Deck or Porch
- Hot Water Heating System
- Concrete Flooring
About This Home
Prime Investment Opportunity - Fully Leased Mixed-Use Buildings Don't miss this exceptional opportunity to own two well-maintained, income-producing mixed-use buildings in a high-visibility location. These fully rented properties at 509 and 513 Beech Street offer immediate cash flow and long-term investment potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,106
Lot Details
- Lot Dimensions are 190x50
- Property is in good condition
Parking
- 10 Off-Street Spaces
Home Design
- Brick Exterior Construction
- Fire Rated Drywall
- Rubber Roof
- Plaster
Interior Spaces
- 7,994 Sq Ft Home
- Paneling
- Concrete Flooring
- Partially Finished Basement
- Dirt Floor
Utilities
- No Cooling
- Radiator
- Heating System Uses Gas
- Hot Water Heating System
- Electric Baseboard Heater
Community Details
Overview
- 12 Units
Amenities
- Community Deck or Porch
- Coin Laundry
Building Details
- Electric Expense $1,140
- Water Sewer Expense $15,100
- Real Estate Tax Expense $8,106
- Gross Income $137,700
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 | $11,293 | $35,500 | $5,000 | $30,500 |
| 2024 | $10,312 | $35,500 | $5,000 | $30,500 |
| 2023 | $10,312 | $35,500 | $5,000 | $30,500 |
| 2022 | $10,085 | $35,500 | $5,000 | $30,500 |
| 2021 | $10,085 | $35,500 | $5,000 | $30,500 |
| 2020 | $9,894 | $35,500 | $5,000 | $30,500 |
| 2019 | $9,304 | $35,500 | $5,000 | $30,500 |
| 2018 | $9,304 | $35,500 | $5,000 | $30,500 |
| 2017 | $9,137 | $35,500 | $5,000 | $30,500 |
| 2016 | $2,705 | $35,500 | $5,000 | $30,500 |
| 2015 | $6,833 | $35,500 | $5,000 | $30,500 |
| 2014 | -- | $35,500 | $5,000 | $30,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $965,000 | -- | $121 / Sq Ft |
Source: Luzerne County Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $790,000 | None Listed On Document | |
| Deed | $650,000 | Bilbow Abstract Co | |
| Deed | $215,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $592,500 | New Conventional | |
| Previous Owner | $487,500 | Commercial | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
| Closed | $97,500 | No Value Available |
Source: Public Records
Source: Luzerne County Association of REALTORS®
MLS Number: 25-3007
APN: 15619060014
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