714 Smith & Mill Street, Dunmore, PA 18512
Local realty services provided by:ERA One Source Realty
714 Smith & Mill Street,Dunmore, PA 18512
$650,000
- 14 Beds
- 6 Baths
- 6,000 sq. ft.
- Multi-family
- Active
Listed by: kate daye
Office: revolve real estate
MLS#:SC261162
Source:PA_GSBR
Price summary
- Price:$650,000
- Price per sq. ft.:$108.33
About this home
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....
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Home facts
- Year built:1930
- Listing ID #:SC261162
- Added:43 day(s) ago
- Updated:May 07, 2026 at 02:49 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Full bathrooms:6
- Basement:Yes
- Basement Description:Unfinished
- Living area:6,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1930
- Building area:6,000 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$108.33
- Tax amount:$3,805 (2025)
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