535 Chestnut StreetDunmore, PA 18512

Multi-Family · 10 Beds · 4 Full Baths · 4,962 Sq. ft. | 0.13 Acres
$489,900 Active

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.

Listing provided courtesy of Christian Saunders Real EstateGreater Scranton MLS- MLS# GSBSC262985MLS ProviderContact Information: [email protected] - (800) 372-4222
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535 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

42
Median Age
1,023
Population Density (per sq. mile)
40%
College Educated
$54,227
Estimated Median Income
3,468
Estimated Total Home Owners
1,747
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

535 Chestnut Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

535 Chestnut Street Market Data

Based on the last 30 days in this zip code

$201,050
Average List Price
$137
Average Price per Square Foot
4
Properties Sold
26
Average Days on Market
16
Properties for Sale
Calculations provided by Reliance Network

535 Chestnut Street History

Date Event Value Agent
6/24/2026Source: Greater Scranton MLS Added to Database
June 24, 2026