933 Owego Turnpike Simpson, PA 18407
Estimated payment $1,822/month
Highlights
- No HOA
- Front Porch
- Shed
- Balcony
- Living Room
- Luxury Vinyl Tile Flooring
About This Home
Investment Opportunity on Owego Turnpike, Simpson PA!This well-maintained 4-unit property is a true income producer, offering three spacious 2-bedroom units and one larger 3-bedroom unit on the lower level. With reliable, long-term tenants already in place, this is a turn-key investment ready to cash flow from day one.The property features a small backyard perfect for tenant leisure and a large rear parking lot offering ample space for all residents. A new roof was installed just two years ago, reducing future capital expenses.Gross Monthly Income: $3,700Gross Annual Income: $44,400Whether you're looking to expand your portfolio or get started with multifamily investing, this property checks all the boxes. Don't miss this opportunity!Owner is a Licensed Real Estate Broker.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,761
Year Built
- Built in 1945
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50' x 157' x 50' 157'
- Partially Fenced Property
Home Design
- Quadruplex
Interior Spaces
- 3,640 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Electric Oven
Flooring
- Carpet
- Linoleum
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Parking
- Driveway
- Parking Lot
- Off-Street Parking
Outdoor Features
- Balcony
- Shed
- Front Porch
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Security Deposit $1,000
- The owner pays for insurance, water, taxes, sewer
- Assessor Parcel Number 03501010005
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,361 | $10,000 | $1,000 | $9,000 |
| 2024 | $2,100 | $10,000 | $1,000 | $9,000 |
| 2023 | $2,100 | $10,000 | $1,000 | $9,000 |
| 2022 | $2,085 | $10,000 | $1,000 | $9,000 |
| 2021 | $2,067 | $10,000 | $1,000 | $9,000 |
| 2020 | $2,067 | $10,000 | $1,000 | $9,000 |
| 2019 | $1,958 | $10,000 | $1,000 | $9,000 |
| 2018 | $1,913 | $10,000 | $1,000 | $9,000 |
| 2017 | $2,801 | $15,000 | $1,000 | $14,000 |
| 2016 | $0 | $15,000 | $1,000 | $14,000 |
| 2015 | -- | $15,000 | $1,000 | $14,000 |
| 2014 | -- | $15,000 | $1,000 | $14,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $299,000 | +130.0% | $82 / Sq Ft | |
| 04/20/2021 04/20/21 | Sold | $130,000 | -3.7% | $36 / Sq Ft | View Prior Sale |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- | |
| 03/16/2021 03/16/21 | For Sale | $135,000 | +45.2% | $37 / Sq Ft | |
| 02/28/2020 02/28/20 | Sold | $93,000 | -6.1% | $33 / Sq Ft | View Prior Sale |
| 01/17/2020 01/17/20 | Pending | -- | -- | -- | |
| 01/02/2020 01/02/20 | For Sale | $99,000 | -- | $35 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $130,000 | Tiger Abstract | |
| Deed | $93,000 | None Available | |
| Deed | $40,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,000 | Purchase Money Mortgage | |
| Previous Owner | $74,400 | Purchase Money Mortgage |
Source: Pike/Wayne Association of REALTORS®
MLS Number: PWBPW252824
APN: 03501010005
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