Estimated payment $1,650/month
Highlights
- Deck
- Eat-In Kitchen
- Dehumidifier
- Porch
- Spa Bath
- Forced Air Heating System
About This Home
Welcome to 843 Spring Street in Avoca! 2 Unit- 2 beds/1 bath per unit.This beautifully remodeled side-by-side duplex offers an exceptional investment opportunity with a strong 9 percent cap rate and excellent month-to-month tenants.Nestled in a quiet, private setting, the property features a peaceful backyard oasis complete with a spacious patio--perfect for entertaining, relaxing around a fire pit, or simply enjoying the serene surroundings.Extensively renovated in 2022, major improvements include a new roof, gutters, windows, electrical service, tankless water heaters, siding, furnaces, insulation, flooring, carpeting, kitchens, bathrooms, deck, appliances, and ductless heating and air conditioning systems, making this a truly turnkey investment.Each unit has its own separate electric, gas, and heating systems, with all utilities separately metered except for water and sewer. Off-street parking adds even more convenience for tenants.Conveniently located just minutes from Interstate 81, shopping, dining, and local amenities, this income-producing property is ideal for investors- With quality tenants already in place on month-to-month leases and major updates already completed, 843 Spring Street is a rare opportunity offering immediate cash flow and long-term value.Call to Schedule your Showing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,956
Year Built
- Built in 1951 | Remodeled
Lot Details
- 11,326 Sq Ft Lot
- Lot Dimensions are 75x150
- 1 Common Wall
- Back Yard
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,811 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Dining Room
- Unfinished Basement
- Dirt Floor
Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Spa Bath
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- 4 Parking Spaces
- No Garage
- Shared Driveway
Outdoor Features
- Deck
- Porch
Utilities
- Ductless Heating Or Cooling System
- Dehumidifier
- Forced Air Heating System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Security Deposit $1,150
- The owner pays for insurance, water, sewer, trash collection, taxes
- Assessor Parcel Number 02D12SE2001007
- Tax Block 11
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $1,000
- Trash Expense $550
- Water Sewer Expense $1,560
- Gross Income $28,800
- Net Operating Income $22,841
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 | $2,967 | $113,700 | $17,900 | $95,800 |
| 2025 | $2,956 | $113,700 | $17,900 | $95,800 |
| 2024 | $2,956 | $113,700 | $17,900 | $95,800 |
| 2023 | $2,956 | $113,700 | $17,900 | $95,800 |
| 2022 | $1,745 | $67,600 | $17,900 | $49,700 |
| 2021 | $1,745 | $67,600 | $17,900 | $49,700 |
| 2020 | $1,687 | $67,600 | $17,900 | $49,700 |
| 2019 | $1,674 | $67,600 | $17,900 | $49,700 |
| 2018 | $1,606 | $67,600 | $17,900 | $49,700 |
| 2017 | $1,572 | $67,600 | $17,900 | $49,700 |
| 2016 | -- | $67,600 | $17,900 | $49,700 |
| 2015 | $1,184 | $67,600 | $17,900 | $49,700 |
| 2014 | $1,184 | $67,600 | $17,900 | $49,700 |
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 |
|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $260,000 | 0.0% | $144 / Sq Ft |
| 11/12/2024 11/12/24 | Rented | $1,150 | 0.0% | -- |
| 10/29/2024 10/29/24 | For Rent | $1,150 | 0.0% | -- |
| 08/15/2024 08/15/24 | Rented | $1,150 | 0.0% | -- |
| 08/13/2024 08/13/24 | Under Contract | -- | -- | -- |
| 08/09/2024 08/09/24 | For Rent | $1,150 | 0.0% | -- |
| 08/08/2024 08/08/24 | Under Contract | -- | -- | -- |
| 08/01/2024 08/01/24 | For Rent | $1,150 | +12.2% | -- |
| 08/13/2022 08/13/22 | Rented | $1,025 | -2.4% | -- |
| 08/13/2022 08/13/22 | Under Contract | -- | -- | -- |
| 07/24/2022 07/24/22 | For Rent | $1,050 | -- | -- |
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 | $216,000 | None Listed On Document | |
| Deed | $20,000 | United One Resources | |
| Deed | $40,000 | Greater Pittston Abstracting | |
| Quit Claim Deed | -- | -- |
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 | $159,750 | Balloon |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC263087
APN: 02-D12SE2-011-007
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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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