$265,000

Estimated payment $1,613/month

Total Views 56,208
-- Bed
-- Bath
2,669 Sq Ft
$99 Price per Sq Ft

About This Home

PRICE IMPROVEMENT!
TRIPLEX!! INVESTORS! HOUSE HACKERS! VALUE-ADD OPPORTUNITY!
Triplex with Future 4th Unit Potential!

Incredible chance to own a cash-flowing 3-unit property in Scranton’s desirable Pine Brook neighborhood — with room to expand! Currently two units are rented delivering $26,400/year in gross income, with the opportunity to bring the third unit online and increase total income to approximately $38,400/year. Even better? There's potential to add a fourth unit for future upside!

Gross rental income (current): $26,400/year
Projected gross rental income (fully rented): $38,400/year
Opportunity to create a 4-unit building
LOW TAXES- Only $1,800/year
Strong tenant demand in the Pine Brook neighborhood
Minutes to Downtown Scranton, shopping, parks, and highways
Private entrances and solid layouts

Immediate cash flow with room to grow! Whether you're house hacking or investing this property offers a rare combination of income, upside, and location.

Don’t miss your chance to secure this high-potential asset!

Listing Agent

Quinn Fenwick

Ramos Realty Listed on: 04/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1973

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Triplex
  • Contemporary Architecture
  • Plywood Siding Panel T1-11
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,669 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Microwave

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Prescott Elementary School
  • West Scranton Middle School
  • Scranton High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 14516040017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Remarks Public: PRICE IMPROVEMENT! TRIPLEX!! INVESTORS! HOUSE HACKERS! VALUE-ADD OPPORTUNITY! Triplex with Future 4th Unit Potential! Incredible chance to own a cash-flowing 3-unit property in Scranton’s desirable Pine Brook neighborhood — with room to expand! Currently two units are rented delivering $26,400/year in gross income, with the opportunity to bring the third unit online and increase total income to approximately $38,400/year. Even better? There's potential to add a fourth unit for future upside! Gross rental income (current): $26,400/year Projected gross rental income (fully rented): $38,400/year Opportunity to create a 4-unit building LOW TAXES- Only $1,800/year Strong tenant demand in the Pine Brook neighborhood Minutes to Downtown Scranton, shopping, parks, and highways Private entrances and solid layouts Immediate cash flow with room to grow! Whether you're house hacking or investing this property offers a rare combination of income, upside, and location. Don’t miss your chance to secure this high-potential asset!
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2669
  • Living Area Sq Ft: 2669
  • Price Per Sq Ft: 99.29
  • Above Grade Finished Sq Ft: 2669
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 853

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: T-1-11, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SCRANTON
  • Elementary School: PRESCOTT
  • Middle School: WEST SCRANTON
  • High School: SCRANTON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396568
  • School District Source: Listing Agent
  • Elementary School: PRESCOTT
  • High School: SCRANTON
  • Middle Or Junior School: WEST SCRANTON

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.40
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 2
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 887.09
  • Tax Annual Amount: 1792.35
  • Assessor Parcel Number: 14516040017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: SCRANTON

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 $1,792 $6,000 $253 $5,747
2024 $1,629 $6,000 $253 $5,747
2023 $1,629 $6,000 $253 $5,747
2022 $1,593 $6,000 $253 $5,747
2021 $1,593 $6,000 $253 $5,747
2020 $1,560 $6,000 $253 $5,747
2019 $1,465 $6,000 $253 $5,747
2018 $1,465 $6,000 $253 $5,747
2017 $1,437 $6,000 $253 $5,747
2016 $349 $6,000 $253 $5,747
2015 $1,053 $6,000 $253 $5,747
2014 -- $6,000 $253 $5,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $265,000 -7.0% $99 / Sq Ft
04/28/2025 04/28/25 For Sale $285,000 +185.0% $107 / Sq Ft
12/09/2020 12/09/20 Sold $100,000 +5.3% $37 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $95,000 -- $36 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $100,000 None Available
Deed $76,500 None Available
Deed $79,000 None Available
Quit Claim Deed $42,540 None Available
Sheriffs Deed $1,650 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Credit Line Revolving
Closed $132,500 Commercial
Previous Owner $57,375 Commercial
Previous Owner $63,200 Future Advance Clause Open End Mortgage
Previous Owner $63,200 Future Advance Clause Open End Mortgage
Previous Owner $76,500 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PALW2000592

Bright MLS

APN: 14516040017