714 Smith & Mill ST, Dunmore, PA 18512
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714 Smith & Mill ST, Dunmore, PA 18512
714 Smith & Mill ST, Dunmore, PA 18512
714 Smith & Mill ST, Dunmore, PA 18512
714 Smith & Mill ST, Dunmore, PA 18512
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Listed by Kate Daye Ruane Revolve Real Estate
$ 650,000
Est. payment /mo
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Pending

714 Smith & Mill ST Dunmore, PA 18512

14 Beds

6 Baths

6,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $108

MLS Listing ID GSBSC261162

Bedrooms 14

Full Baths 6

Total Fin. Sqft 6000

Year Built 1930

Annual Tax Amount $3,804

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 60X141

Property Sub-Type Multi Family

Source scranton

Property 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.

Location

State PA

County Lackawanna

Zoning R1

Direction Wheeler Ave to Mill st. Property of CORNER of Mill and Smith.

Rooms

Basement Unfinished

Interior

Cooling Central Air

Fireplace No

Exterior

View Y/N Yes

Present Use Residential

Garage No

Building

Story 2

Unit Features [{\"UnitTypeActualRent\":850,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":1,\"GSB_UnitTypeUnitNumber\":\"Rear 819 Miller 1\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"806.00\",\"UnitTypeDescription\":\"MARKET 1050\",\"UnitTypeKey\":\"GSB20260324180217209599000000Group_1\"},{\"UnitTypeActualRent\":850,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":1,\"GSB_UnitTypeUnitNumber\":\"Rear 819 Miller 2\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"806.00\",\"UnitTypeDescription\":\"MARKET 1050\",\"UnitTypeKey\":\"GSB20260324180217209599000000Group_2\"},{\"UnitTypeActualRent\":1425,\"UnitTypeType\":\"Unit 3\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"714 Smith - Apt 1\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1450.00\",\"UnitTypeDescription\":\"MARKET 1500\",\"UnitTypeKey\":\"GSB20260324180217209599000000Group_3\"},{\"UnitTypeActualRent\":1000,\"UnitTypeType\":\"Unit 4\",\"UnitTypeBathsTotal\":2,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"712 Smith - Apt 2\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1300.00\",\"UnitTypeDescription\":\"MARKET 1475\",\"UnitTypeKey\":\"GSB20260324180217209599000000Group_4\"},{\"UnitTypeActualRent\":850,\"UnitTypeType\":\"Unit 5\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"819 Miller - Apt 3\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1100.00\",\"UnitTypeDescription\":\"MARKET 1200\",\"UnitTypeKey\":\"GSB20260324180217209599000000Group_5\"},{\"UnitTypeActualRent\":1100,\"UnitTypeType\":\"Unit 6\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"820 Miller - Apt 4\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"925.00\",\"UnitTypeDescription\":\"MARKET 1300\",\"UnitTypeKey\":\"GSB20260324180217209599000000Group_6\"}]

New Construction No

Schools

School District Dunmore


Greater Scranton Board of Realtors (SMLS)

Nearby Locations

Adriana Jez

Adriana Jez

Agent | License ID: RS358942

+1(347) 255-0907

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714 Smith & Mill ST