Link Copied
Listed price in listed location currency (USD).
$650,000

1460

MLS® SC261162

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6000 sqft
Garage No
Taxes $3,805
Days Active 0
Lot Size 0.19 acres
Approx. Age 1930
Avg. Price Per Sqft $108
MLS® Number SC261162

Property Address: 714 Smith & Mill Street, Dunmore, PA, 18512

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Cash-Flowing 6-Unit Property w/ Huge Upside. A rare opportunity to acquire six units on one property in a preferred Dunmore location. Featuring strong current income, long tenant base, new roofs, separate utilities, and massive upside in rents. This building currently generates 73K+ in annual income, but with minimal cosmetic updates and rent corrections to market, it reaches a projected 90, 000+ annual gross, making this a high-performance cash-flow investment from day one. This property offers a balanced mix of 1-, 2-, and 3-bedroom layouts, attracting a wide tenant pool and minimizing vacancy risk. Major mechanical & ownership benefits include: All new roofs, Newer hot water heaters, Almost all separate utilities (6 Separate Gas, 6 Separate Electric, and 4 water meters; tenants pay their own except for 3 units), Professionally managed property, & Hot location. Conservatively, the asset supports an ARV market valuation between 750, 000-800, 000, giving investors immediate equity and appreciation potential. This is ideal for: An investor seeking a stabilized property with upside, A value-add buyer targeting cap rate improvement, A 1031 exchange placement, or a portfolio expansion into the Scranton rental market. Properties that are income-producing with existing cash flow plus clear rent uplift opportunity rarely hit the market. This is a plug-and-play acquisition with instant returns and future scalability.SHOWINGS ARE ONLY AS FOLLOWS (OPEN HOUSE STYLE): FRIDAY 3/27 5-6PM, and SUNDAY 3/29 1-2PM. AUBREY GUSSETT WILL BE ON SITE. COME CHECK IT OUT!
MLS® NumberSC261162
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1930
BasementUnfinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
714 Smith & Mill Street, Dunmore, PA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties