$930,000
$35K PRICE DROP

509 Beech St Scranton, PA 18505

South Side Neighborhood

Estimated payment $5,910/month

Total Views 7,134
-- Bed
-- Bath
7,994 Sq Ft
$116 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.

Listing Agent

Amber Donnelly

Abstract Realty Group License #RS337397 Listed on: 06/17/2025

Co-Listing Agent

Donald Ide

Abstract Realty Group License #RM425779

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,106

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Pittston Ave in South Scranton towards Moosic. Left on Beech Street.
  • Est County Tax: 223.78
  • Estimated School Tax: 7882.30
  • EstTotalTax: 10106.16
  • Number of Dryers: 1
  • Number of Ranges: 10
  • Number of Refrigerators: 10
  • Age: 76 - 100 Yrs
  • Annual Electric: 1140.00
  • Expenses Annual Water Exp: 15100.00
  • Listing Member Name: Amber Donnelly
  • Listing Office Short Id: 9056
  • Tax Municipality: Scranton City
  • NumberSpacesOffStreet: 10.00
  • Open House Office I D: 20240628145152099101000000
  • Prop. Type: Multi-Family
  • PROPTYPE: Multiple Buildings
  • InteriorFinish: Drywall, Plaster, Paneling
  • Estimated Total Sq Ft: 7994.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: N
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: N
  • Unit4InfoHotWaterInRent: N
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: N
  • Unit5InfoHeatInRent: Y
  • Unit5InfoHotWaterInRent: Y
  • Unit5InfoSewerInRent: Y
  • Unit6InfoElectricInRent: N
  • Unit6InfoHeatInRent: Y
  • Unit6InfoHotWaterInRent: Y
  • Unit6InfoSewerInRent: Y
  • Unit6InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Partially Finished, Unfinished, Dirt Floor
  • AppliancesNumberWasher: 1
  • Limited Service: No

Exterior Features

  • Property Condition: Good
  • Exterior: Brick
  • Roof: Rubber

Garage/Parking

  • Parking: Off-Street

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Electric, Gas
  • Heat Type: Electric Baseboard, Hot Water Radiator
  • Sewer: Public
  • Hot Water: Public

Condo/Co-op/Association

  • Association Fees Include: 10 REFRIGERATORS, 10 STOVES, COIN OPERATED 1 WASH & 1 DRYER Appliances are AS-IS.
  • Number of Units: 12

Association/Amenities

  • MFAmenities: Coin-Op Washer/Dryer, Street Lights, Porch, Dumpster

Schools

  • School District: Scranton
  • School District: Scranton

Lot Info

  • Lot Size: 190X50
  • Zoning: Commercial

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $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
07/23/2025 07/23/25 Price Changed $930,000 -3.6% $116 / Sq Ft
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

Pennsylvania Lackawanna County Scranton 18505 South Side

509 Beech St, Scranton, PA

This home is located at 509 Beech St, Scranton, PA 18505 and is currently priced at $930,000, approximately $116 per square foot. 509 Beech St is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and Scranton High School.

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Amber Donnelly
Section Image
Abstract Realty Group
(272) 466-1742