835 Maple St Scranton, PA 18505
South Side Neighborhood
4
Beds
4
Baths
4,455
Sq Ft
7,405
Sq Ft Lot
About This Home
As of March 2025Welcome to the perfect investment - a well-maintained 4-unit multi-family property in the heart of Scranton, PA. This property is fully rented and generates over 39,000 in annual rental income, making it a standout in today's market.Each of the four spacious units has separate utilities, ensuring minimal owner expenses and maximizing profitability. Tenants enjoy comfortable living spaces, while investors appreciate the ease of management and steady cash flow.Key Features include (1) fully rented with long-term, reliable tenants in place (2) All separate utilities (landlord currently pays water but it is separately metered) (3) Low maintenance exterior with solid construction and a well-kept appearance(4) Convenient location near local shops, schools, public transportation, and major roadways (5) Strong rental demand in the area, ensuring consistent occupancy and potential rent growth.Whether you're a seasoned investor or looking to start your real estate portfolio, this is a fantastic addition with excellent income potential and minimal stress.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,681
Year Built
- Built in 1925 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 40x160
Home Design
- Quadruplex
Interior Spaces
- 2-Story Property
- Living Room
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Utilities
- Heating Available
Listing and Financial Details
- Security Deposit $795
- Tenant pays for electricity
- Assessor Parcel Number 1670803004601
- $15,000 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Water Meters
- Insurance Expense $1,132
- Water Sewer Expense $4,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2025
Closed on
Feb 24, 2025
Sold by
Patti Glenn
Bought by
Heartland Bromley Llc
Seller's Agent
Kate Daye
Revolve Real Estate
Buyer's Agent
Kate Daye
Revolve Real Estate
List Price
$300,000
Sold Price
$300,000
Total Days on Market
4
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,797
Avg. Annual Appreciation
-59.94%
Original Mortgage
$240,000
Outstanding Balance
$239,802
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$7,599
Purchase Details
Listed on
Feb 16, 2015
Closed on
Jun 19, 2015
Sold by
Nash David H and Nash Marlene O
Bought by
Patti Glenn
Seller's Agent
Jim Nasser
NASSER REAL ESTATE, INC.
Buyer's Agent
Kimberly Korgeski
Keller Williams Real Estate-Clarks Summit
List Price
$149,700
Sold Price
$144,000
Premium/Discount to List
-$5,700
-3.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$108,000
Interest Rate
3.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2007
Sold by
Bello Kenneth L and Bello Leighann
Bought by
Nash David H and Nash Marlene O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.42%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | None Listed On Document | |
| Deed | $144,000 | Attorney | |
| Deed | $195,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Previous Owner | $108,000 | Commercial | |
| Previous Owner | $146,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $300,000 | 0.0% | $67 / Sq Ft |
| 01/07/2025 01/07/25 | Pending | -- | -- | -- |
| 01/03/2025 01/03/25 | For Sale | $300,000 | 0.0% | $67 / Sq Ft |
| 09/19/2023 09/19/23 | Rented | $10,694 | +1158.1% | -- |
| 09/19/2023 09/19/23 | For Rent | $850 | 0.0% | -- |
| 06/19/2015 06/19/15 | Sold | $144,000 | -3.8% | $48 / Sq Ft |
| 05/11/2015 05/11/15 | Pending | -- | -- | -- |
| 02/16/2015 02/16/15 | For Sale | $149,700 | -- | $50 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $4,681 | $15,000 | $1,650 | $13,350 |
| 2024 | $4,268 | $15,000 | $1,650 | $13,350 |
| 2023 | $4,268 | $15,000 | $1,650 | $13,350 |
| 2022 | $4,174 | $15,000 | $1,650 | $13,350 |
| 2021 | $4,174 | $15,000 | $1,650 | $13,350 |
| 2020 | $4,093 | $15,000 | $1,650 | $13,350 |
| 2019 | $3,847 | $15,000 | $1,650 | $13,350 |
| 2018 | $3,847 | $15,000 | $1,650 | $13,350 |
| 2017 | $3,777 | $15,000 | $1,650 | $13,350 |
| 2016 | $1,059 | $15,000 | $1,650 | $13,350 |
| 2015 | -- | $15,000 | $1,650 | $13,350 |
| 2014 | -- | $15,000 | $1,650 | $13,350 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Daye
Seller's Agent in 2025
Kate Daye
Revolve Real Estate
(302) 242-8781
3 in this area
68 Total Sales
-
K
Seller's Agent in 2023
Kate Daye Ruane
ERA One Source Realty
-
Jim Nasser
Seller's Agent in 2015
Jim Nasser
NASSER REAL ESTATE, INC.
(570) 466-0355
12 in this area
294 Total Sales
-
K
Buyer's Agent in 2015
Kimberly Korgeski
Keller Williams Real Estate-Clarks Summit
-
Kim Korgeski
K
Buyer's Agent in 2015
Kim Korgeski
EXP Realty LLC
(570) 309-9600
2 in this area
54 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC250087
APN: 1670803004601
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.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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