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615-625 New York Street, Dunmore, PA 18509

$995,000
img(1) IMG_0567 IMG_0553 img img
Property Type: Commercial Sale Baths: 8 Square Footage: 7,200 Status: Active
Current Price: $995,000 List Date: 11/25/2025 Last Modified: 12/22/2025

Description

6-Unit Townhouse Investment Opportunity - Strong Returns & Easy Management! Fantastic opportunity to own six spacious townhouse-style units all under one roof! Each unit offers 4 bedrooms and 1.5 bathrooms, providing plenty of living space for tenants and consistent rental demand. The property features off-street parking for up to 14 cars, ensuring convenience and value for residents.

Supplements: This well-maintained complex is fully rented with reliable tenants, making it a turnkey investment from day one. Current rents are below market value, offering a clear value-add potential of $30,000+ annually by bringing rates to market. The property is easy to manage and maintain, with separate utilities and minimal exterior upkeep. Ideal for investors seeking steady cash flow and long-term growth, this townhouse complex combines strong income performance with upside potential. Highlights: 6 townhouse units - each 4BR / 1.5BA Off-street parking for 14 vehicles Reliable tenants, easy property to care for Value-add potential of $30,000+ by adjusting rents to market Fully occupied, income-producing property Convenient location close to amenities, schools, and public transit A rare find for the serious investor - secure your next strong-performing multifamily asset today! Financials in doc tab. The seller has other multi units in the area for sale!

More Information MLS# 25-5692

Listing Information

Lease Price: 1150000 For Sale: Y Current Price: $995,000 List Price: $995,000 List Date: 2025-11-07

Property Information

Realtor.COM Type: Commercial SqFt Office: 0 SqFt Warehouse: 0 Lot Size: 113x60x5x30x151x25x57x60 Garage Stalls: 0 Year Built Age: 51 - 75 Yrs # Spaces Off-Street: 14 # of Docks: 0 Environmental Survey: N Property Sub Type: Co-Ownership Aprx Total SF: 7200 Year Built: 1970 Total Bathrooms: 8

Location, Tax & Legal

Zoning: Multi-Family PIN#: 14610010028 DB/Record Book: 2020 Page: 08294 Appeal Pending: No Total County Assmnt: 19000 Est County Tax: 1214.48 Est Total Tax: 4985.82 House # (1): 615-625 Street Name: New York Street Suffix: Street City (Post Office): Dunmore State/Province: PA Zip Code: 18509 MLS Area: Misc Out of County County: Lackawanna Municipality: Dunmore Boro Develop/Subdivision: None School District: Dunmore

Remarks & Directions

Included: 4 stoves, 4 refrigerators Excluded: tenants personal items Hot Sheet Comment: price

Showing Instructions

Other - See Remarks: 1

Income & Expenses

Cash Flow Stmt Avail: Yes Annual Gross Inc: 88200 Sewer Exp: 0 Water Exp: 0 Electric Exp: 0 Gas Exp: 0 R.E. Tax Expense: 5837 Fire Liab Ins Exp: 4000 Flood Ins Exp: 0 Annual Tot Expenses: 9837.23 Ann Net B/4 Debt: 78363

Heat Fuel Type

Gas: 1

Heat Type

Steam: 1

Condition

Good: 1

AC Type

None: 1

Water

Public: 1

Exterior

Vinyl: 1

Sewer

Public: 1

Roof

Comp Shingle: 1

Property Features

Other - See Remarks: 1

Present Use

Apartments: 1

Ceiling Height

8'1' to 9': 1

Included in Sale

Land: 1 Building: 1

Remarks Directions

Directions: Greenridge Street to Wyoming Ave, left on New York Street.

Status Change Information

Status: Active

Property Features

Showing Instructions: Other - See Remarks Heat Fuel Type: Gas Heat Type: Steam AC Type: None Water: Public Sewer: Public Exterior: Vinyl Condition: Good Roof: Comp Shingle Property Features: Other - See Remarks Present Use: Apartments Ceiling Height: 8'1' to 9' Included in Sale: Land; Building
Listing Office: eXp Realty- Scranton/Wilkes-Barre
Listing Agent: Candice Nulton-Farrell
Last Updated: December - 22 - 2025
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


Locations

142 N Main Street, First Floor
Shavertown, PA 18708

Locations

126 Cinder Lane
Blakeslee, PA 18610

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