615-625 New York Street, Dunmore, PA 18509 (MLS# 25-5692)

$1,150,000

615-625 New York Street, Dunmore, PA 18509

8 baths
7,200 sqft

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

Property Sub Type: Co-Ownership
Realtor.COM Type: Commercial
Aprx Total SF: 7200
Year Built: 1970
Year Built Age: 51 - 75 Yrs
Lot Size: 113x60x5x30x151x25x57x60
# Spaces Off-Street: 14
Total Bathrooms: 8
Environmental Survey: N
Current Price: $1,150,000
List Price: $1,150,000
Lease Price: 1150000
List Date: 2025-11-07
For Sale: Y
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
Directions: Greenridge Street to Wyoming Ave, left on New York Street.
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

Property Info

ID: MLS# 25-5692
Type: Commercial Sale
Status: Active
Current Price: $1,150,000
List Date: 11/25/2025
Listing Office: eXp Realty- Scranton/Wilkes-Barre

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