Estimated payment $1,252/month
Highlights
- Wood Flooring
- Ceiling Fan
- Heating Available
- Dining Room
- Wood Siding
About This Home
Investor opportunity with strong income potential. 8 Beds/2baths This two-unit property is being offered as-is and presents a compelling value-add opportunity with projected cap rate potential exceeding 10 percent based on market rents.The property features separate electric and a functional layout. One unit is currently occupied, providing immediate income, while the second unit is vacant and easy to show--ideal for an investor looking to stabilize and increase cash flow.While being sold as-is, the property primarily requires cosmetic updates, offering the opportunity to improve rents and overall return without a major renovation.Current owner made 14,000 in upgrades including new electric and renovated bathroom on right side. Roof shingles installed- 2021.The occupied unit will be available for group showings. The vacant unit is available for individual showings.A solid opportunity for investors seeking a property with income in place and upside potential in a stable setting.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,248
Year Built
- Built in 1935
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 50x180
- 14509030010
Home Design
- Duplex
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Dining Room
- Basement Fills Entire Space Under The House
- Dryer
Kitchen
- Electric Oven
- Electric Range
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating Available
- 100 Amp Service
Listing and Financial Details
- Security Deposit $750
- Assessor Parcel Number 14509030009
- Tax Block 320
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- Trash Expense $350
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 |
|---|---|---|---|---|
| 2026 | $12,554 | $78,470 | $26,570 | $51,900 |
| 2025 | $1,609 | $5,000 | $800 | $4,200 |
| 2024 | $1,471 | $5,000 | $800 | $4,200 |
| 2023 | $1,471 | $5,000 | $800 | $4,200 |
| 2022 | $1,439 | $5,000 | $800 | $4,200 |
| 2021 | $1,439 | $5,000 | $800 | $4,200 |
| 2020 | $1,412 | $5,000 | $800 | $4,200 |
| 2019 | $1,328 | $5,000 | $800 | $4,200 |
| 2018 | $1,328 | $5,000 | $800 | $4,200 |
| 2017 | $1,304 | $5,000 | $800 | $4,200 |
| 2016 | $398 | $5,000 | $800 | $4,200 |
| 2015 | $979 | $5,000 | $800 | $4,200 |
| 2014 | -- | $5,000 | $800 | $4,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $185,000 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,000 | Macdonald Neil F | |
| Deed | $50,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,750 | No Value Available |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC261999
APN: 14509030010
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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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