714 Smith St Dunmore, PA 18512
Estimated payment $3,808/month
Highlights
- Living Room
- Central Air
- Dining Room
About This Home
Turn-Key Cash-Flowing 6-Unit Property w/ Huge Upside. A rare opportunity to acquire six units on one property in a preferred Dunmore location. Featuring strong current income, long tenant base, new roofs, separate utilities, and massive upside in rents. This building currently generates 73K+ in annual income, but with minimal cosmetic updates and rent corrections to market, it reaches a projected 90,000+ annual gross, making this a high-performance cash-flow investment from day one. This property offers a balanced mix of 1-, 2-, and 3-bedroom layouts, attracting a wide tenant pool and minimizing vacancy risk. Major mechanical & ownership benefits include: All new roofs, Newer hot water heaters, Almost all separate utilities (6 Separate Gas, 6 Separate Electric, and 4 water meters; tenants pay their own except for 3 units), Professionally managed property, & Hot location. Conservatively, the asset supports an ARV market valuation between 750,000-800,000, giving investors immediate equity and appreciation potential. This is ideal for: An investor seeking a stabilized property with upside, A value-add buyer targeting cap rate improvement, A 1031 exchange placement, or a portfolio expansion into the Scranton rental market. Properties that are income-producing with existing cash flow plus clear rent uplift opportunity rarely hit the market. This is a plug-and-play acquisition with instant returns and future scalability.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,805
Year Built
- Built in 1930
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 60x141
Interior Spaces
- 6,000 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 14 Bedrooms
- 6 Full Bathrooms
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 14620010052
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- Insurance Expense $2,703
- Water Sewer Expense $1,560
- Gross Income $74,100
- Net Operating Income $65,437
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 | $89,929 | $524,430 | $41,590 | $482,840 |
| 2025 | $4,327 | $14,500 | $2,050 | $12,450 |
| 2024 | $3,700 | $14,500 | $2,050 | $12,450 |
| 2023 | $3,700 | $14,500 | $2,050 | $12,450 |
| 2022 | $3,471 | $14,500 | $2,050 | $12,450 |
| 2021 | $3,401 | $14,500 | $2,050 | $12,450 |
| 2020 | $3,401 | $14,500 | $2,050 | $12,450 |
| 2019 | $3,253 | $14,500 | $2,050 | $12,450 |
| 2018 | $3,200 | $14,500 | $2,050 | $12,450 |
| 2017 | $3,107 | $14,500 | $2,050 | $12,450 |
| 2016 | $1,637 | $14,500 | $2,050 | $12,450 |
| 2015 | -- | $14,500 | $2,050 | $12,450 |
| 2014 | -- | $14,500 | $2,050 | $12,450 |
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 |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | Pending | -- | -- | -- |
| 05/14/2026 05/14/26 | Rented | $17,100 | 0.0% | -- |
| 03/24/2026 03/24/26 | For Sale | $650,000 | 0.0% | $108 / Sq Ft |
| 01/14/2026 01/14/26 | For Rent | $1,400 | -91.8% | -- |
| 03/24/2023 03/24/23 | Rented | $17,116 | +1122.6% | -- |
| 12/29/2022 12/29/22 | Price Changed | $1,400 | -6.7% | $1 / Sq Ft |
| 11/17/2022 11/17/22 | For Rent | $1,500 | -- | -- |
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 | $135,000 | None Available |
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 | $95,000 | Commercial |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC261162
APN: 14620010052
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Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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