
535 Chestnut Street Overview
- Time on Site:
- 6 days
- Visits:
- 0
Excellent investment opportunity featuring four total units at the corner of Chestnut Street and Somers Street. The property consists of a three-unit apartment building at 535 Chestnut Street and a separate single-family ranch home at 103 Somers Street with a built-in garage beneath.The three-unit building offers separate electric service for each unit, while the landlord currently pays heat and water/sewer. The single-family residence has its own separate utilities. Long-term tenants provide stable occupancy, making this an attractive income-producing property for investors seeking immediate cash flow.Conveniently located near local amenities, shopping, and major transportation routes. Whether you're looking to expand your portfolio or acquire a well-established investment property, this multi-building package presents a unique opportunity.
Contact Information: [email protected] - (800) 372-4222535 Chestnut Street Facts & Features
- Type Multi-Family
- Sq. ft. 4,962
- Price/Sq.ft. $99
- Lot 0.13 Acres
Details
General
School Information
- School District: Dunmore
Income/Expenses
- Gross Income: 50820
- Insurance Expense: 2500
- Net Operating Income: 34074
- New Taxes Expense: 4646
Building Information
- New Construction: false
- Year Built: 1940
Location/Region
- County Or Parish: Lackawanna
Tax Information
- Tax Annual Amount: 5182.11
- Tax Assessed Value: 19748
- Tax Year: 2025
General Information
- Parcel Number: 14620020001
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Zoning: Residential
Interior
Parking Information
- Garage Spaces: 2
Beds/Baths
- Bathrooms Full: 4
- Bathrooms Half: 0
- Bathrooms Total: 4
- Bedrooms Total: 10
Building Interior
- Above Grade Finished Area: 4962
- Below Grade Finished Area: 0
General Information
- Living Area: 4962
- Stories: 2
Exterior
Parking Information
- Parking Total: 6
Lot Information
- Lot Size Acres: 0.129
- Lot Size Dimensions: 153X125X88
Waterfront/View
- Waterfront: false
General Information
- Number Of Units Total: 4
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 0
- Beds Total: 3
- Baths Total: 1
- Description: Vacant For Showings
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 875
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 1460
- Beds Total: 4
- Baths Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Actual Rent: 1025
- Beds Total: 2
- Baths Total: 1
535 Chestnut Street Neighborhood
Community
18512 (Dunmore) Demographics
535 Chestnut Street Monthly Cost
535 Chestnut Street Market Data
Based on the last 30 days in this zip code
535 Chestnut Street History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: Greater Scranton MLS | June 24, 2026 |


























