111 113 Chestnut Street, Dunmore, PA 18512 (MLS# SC-251960)
111 113 Chestnut Street, Dunmore, PA 18512
$625,000

























Property Type:
Residential Income
Bedrooms:
12
Baths:
6
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$625,000
List Date:
4/29/2025
Last Modified:
4/29/2025
Description
Located in the heart of Dunmore at the highly desirable Dunmore Corners, this impressive 6-unit multifamily property offers an unbeatable combination of location, quality, and consistent rental income. Each of the six spacious units features 2 bedrooms, making it a highly sought-after setup for tenants.
Since 2015, the property has undergone extensive upgrades including new electrical, plumbing, insulation, heating systems, windows, flooring, kitchens, and baths—providing peace of mind for investors and a modern living experience for tenants. A state-of-the-art sprinkler system and security systems have also been installed, adding safety and long-term value.
The gorgeous exterior enhances curb appeal, while the rare off-street parking and 2-car garage provide added convenience and additional income potential.
With an excellent rental history and prime location, this turn-key investment is ideal for both seasoned investors and those looking to expand their portfolio with a high-performing asset.
Gross rents = almost 90k a year
More Information MLS# SC-251960
Contract Information
Current Price: $625,000
Sold Price: $625,000
Status: Closed
List Date: 2025-03-03
Property Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: 111 113 Chestnut, LLC
Location Tax and Legal
House # (1): 111
Street Name: 113 Chestnut
Street Suffix: Street
City (Post Office): Dunmore
State/Province: PA
Zip Code: 18512
County: Lackawanna
Geo Lat: 41.42118
Geo Lon: -75.629672
General Property Information
Total Bedrooms: 12
Total Bathrooms: 6
Total Full Baths: 6
Above Grade Finished Area: 7000
Below Grade Unfinished Area: 2500
Year Built: 1930
Year Built Source: Estimated
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Lot Size Acres: 0.12
Lot Size Dimensions: 60X90
Waterfront YN: No
Basement YN: Yes
Remarks and Miscellaneous
Public Remarks: Located in the heart of Dunmore at the highly desirable Dunmore Corners, this impressive 6-unit multifamily property offers an unbeatable combination of location, quality, and consistent rental income. Each of the six spacious units features 2 bedrooms, making it a highly sought-after setup for tenants.
Since 2015, the property has undergone extensive upgrades including new electrical, plumbing, insulation, heating systems, windows, flooring, kitchens, and baths—providing peace of mind for investors and a modern living experience for tenants. A state-of-the-art sprinkler system and security systems have also been installed, adding safety and long-term value.
The gorgeous exterior enhances curb appeal, while the rare off-street parking and 2-car garage provide added convenience and additional income potential.
With an excellent rental history and prime location, this turn-key investment is ideal for both seasoned investors and those looking to expand their portfolio with a high-performing asset.
Gross rents = almost 90k a year
Status Change Information
Major Change Timestamp: 2025-04-29T17:30:51Z
Major Change Type: Status Change
Status Change Timestamp: 2025-04-29
PurchaseContractDate: 2025-03-07
CloseDate: 2025-04-29
ClosePrice: 625000
Concessions: No
Buyer Financing: Cash
Income and Expenses
Annual Total Expense: 21316
Net Operating Income: 87600
Unit 1
Unit #: 1
Actual Rent: 1250
SqFt Total: 950
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 3
Unit 4
Unit #: 4
Unit 5
Unit #: 5
Unit 6
Unit #: 6
Unit Details
2 Bedroom: 6
Property Features
Accessibility Features: Accessible Approach with Ramp
Basement: Unfinished
Listing Office: Revolve Real Estate
Last Updated: April - 29 - 2025
Information deemed reliable but not guaranteed.