615 New York StDunmore, PA 18509

For Sale
$999,000

Prime Location, Six Townhouse Units

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a six-unit apartment building located at 615 New York Street in Dunmore, Pennsylvania, 18509. The property, classified as a Class C multifamily building, boasts a total of 7,200 square feet and is offered at $999,000, translating to $138.75 per square foot and $166,500 per unit. Each of the six units is a spacious townhouse-style apartment, featuring four bedrooms and one and a half bathrooms. The building's prime location offers tenants convenient walking access to downtown Scranton's vibrant array of bars and restaurants, fostering a strong appeal to renters seeking a lively community atmosphere and easy access to local amenities. This desirable location and well-designed unit layout contribute to the property's potential for attracting long-term tenants, ensuring consistent rental income. The property's strong potential for generating income makes it an attractive addition to any investment portfolio. This well-maintained asset represents a rare opportunity to acquire a profitable investment in the heart of Dunmore. The property is situated in Lackawanna County and offers a compelling combination of location, unit design, and income potential.

Highlights

  • Six-unit Class C multifamily building in Dunmore, PA.
  • 7,200 square feet, offered at $999,000 ($138.75/SF, $166,500/unit).
  • Each unit is a four-bedroom, 1.5-bathroom townhouse-style apartment.
  • Prime location near downtown Scranton, offering convenient access to amenities and a vibrant community.
  • Strong rental income potential due to desirable location and unit design.

Property Details for 615 New York St

Property type
Multifamily properties, Apartment buildings
Square Feet
7,200 SF
Class
C
Units
6

Location Insight

City
Dunmore
County
Lackawanna
State
Pennsylvania
Latitude
41.4219943
Longitude
-75.6447274
615 New York St, Dunmore, Pennsylvania

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615 New York St
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