843 Spring StreetAvoca, PA 18641

Multi-Family · 4 Beds · 2 Full Baths · 1,811 Sq. ft. | 0.26 Acres
$260,000 Active

843 Spring Street Overview

Time on Site:
23 hours
Visits:
0

Welcome to 843 Spring Street in Avoca! 2 Unit- 2 beds/1 bath per unit.This beautifully remodeled side-by-side duplex offers an exceptional investment opportunity with a strong 9 percent cap rate and excellent month-to-month tenants.Nestled in a quiet, private setting, the property features a peaceful backyard oasis complete with a spacious patio--perfect for entertaining, relaxing around a fire pit, or simply enjoying the serene surroundings.Extensively renovated in 2022, major improvements include a new roof, gutters, windows, electrical service, tankless water heaters, siding, furnaces, insulation, flooring, carpeting, kitchens, bathrooms, deck, appliances, and ductless heating and air conditioning systems, making this a truly turnkey investment.Each unit has its own separate electric, gas, and heating systems, with all utilities separately metered except for water and sewer. Off-street parking adds even more convenience for tenants.Conveniently located just minutes from Interstate 81, shopping, dining, and local amenities, this income-producing property is ideal for investors- With quality tenants already in place on month-to-month leases and major updates already completed, 843 Spring Street is a rare opportunity offering immediate cash flow and long-term value.Call to Schedule your Showing!

Listing provided courtesy of EXP Realty LLCGreater Scranton MLS- MLS# GSBSC263087MLS ProviderContact Information: [email protected] - (888) 397-7352
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843 Spring Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,811
  • Price/Sq.ft. $144
  • Lot 0.26 Acres

Details

General

School Information

  • School District: Pittston Area

Income/Expenses

  • Gross Income: 28800
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Net Operating Income: 22841
  • Operating Expense Includes: Insurance,Water/Sewer,Trash,Maintenance Grounds
  • Trash Expense: 550

Building Information

  • New Construction: false
  • Year Built: 1951

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Luzerne

Community/Development

  • Community Features: None

Rent/Lease Information

  • Tenant Pays: Electricity,Hot Water

Tax Information

  • Tax Annual Amount: 2955.68
  • Tax Assessed Value: 113700
  • Tax Year: 2025

General Information

  • Inclusions: All appliances convey.
  • Parcel Number: 02D12SE2001007
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Zoning: R1

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1811
  • Below Grade Finished Area: 0

General Information

  • Appliances: Gas Oven,Washer/Dryer Stacked,Microwave,Refrigerator,Gas Water Heater
  • Common Walls: 1 Common Wall
  • Cooling: Ductless
  • Fireplace Features: None
  • Flooring: Carpet,Vinyl
  • Heating: Forced Air
  • Interior Features: Ceiling Fan(s),Eat-in Kitchen
  • Laundry Features: In Unit
  • Levels: Two
  • Living Area: 1811
  • Other Equipment: Dehumidifier
  • Spa Features: Bath
  • Stories: 2

Exterior

Parking Information

  • Parking Features: No Garage,Shared Driveway,On Site
  • Parking Total: 4

Lot Information

  • Lot Features: Back Yard
  • Lot Size Acres: 0.26
  • Lot Size Dimensions: 75X150
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Duplex Side by Side
  • Patio And Porch Features: Deck,Porch
  • Roof: Composition,Shingle
  • Structure Type: Duplex

General Information

  • Fencing: None
  • Number Of Units Total: 2
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1175
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1225
  • Beds Total: 2
  • Baths Total: 1

843 Spring Street Neighborhood

Community

18641 (Avoca) Demographics

45
Median Age
1,597
Population Density (per sq. mile)
32%
College Educated
$53,750
Estimated Median Income
2,164
Estimated Total Home Owners
870
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

843 Spring Street Monthly Cost

$
$ %
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$
$
* 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.

843 Spring Street Market Data

Based on the last 30 days in this zip code

$192,199
Average List Price
$151
Average Price per Square Foot
2
Properties Sold
111
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network

843 Spring Street History

Date Event Value Agent
6/29/2026Source: Greater Scranton MLS Added to Database
June 29, 2026
7/28/2025Source: Greater Scranton MLS Added to Database
August 03, 2024
7/28/2025Source: Greater Scranton MLS Status Change
Pending
7/28/2025Source: Greater Scranton MLS Status Change
Active
7/28/2025Source: Greater Scranton MLS Status Change
Pending
7/28/2025Source: Greater Scranton MLS Status Change
Closed