Turnkey Remodeled Triplex With Laundry

2027 Green Ridge Street Dunmore, PA 18512

Claim this Listing
Pending
$449,000

MULTI_FAMILY - Dunmore, PA

Property size:
4,383 SF
Lot size:
0.21 Acres
Added:
Jun 1, 2026
Days on Market:
42
Last Refresh:
Jul 12 at 9:06 pm

Property Features for 2027 Green Ridge Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
10
Bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 9, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 10, Bathroom 3
Parking
6
Parking features
Driveway, Off Street, Open
Patio and Porch features
Porch, Deck
Exterior features
Private Yard, Rain Gutters
Appliances
Dishwasher, Range, Refrigerator
Standard status
Pending
APN
14642010049
Size
4,383 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
65X147x65x151 W-06 B-0100 L-0730 P-08400
Tax Annual Amount
3936

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
1920
Floors in Building
3
Number of units
3
Building materials
Stone, Vinyl Siding
Roof type
Composition, Wood

Listing agent Leah Gianacopoulos License #RS325414

Listing office ERA One Source Realty 230 Northern Blvd., Clarks Summit, PA

Listing date Jun 1, 2026

MLS# SC262549 Listing URL

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey triplex at 2027 Green Ridge Street has been completely remodeled and is fully rented. The property consists of three updated units, each featuring modern kitchens, renovated bathrooms, hardwood flooring, and spacious closets. In-unit laundry adds day-to-day convenience for residents. The exterior amenities include off-street parking, a garage, and a yard, supporting tenant comfort and everyday use.

Located in Dunmore, Pennsylvania (Lackawanna County), the property is described as being just minutes from downtown Scranton, local universities, and the medical college. The listing is positioned for tenants seeking both short- and long-term housing options, with the current operating setup having all units occupied.

From an ownership and management standpoint, this is presented as a low-turnover, income-producing option with consistent occupancy at the time of listing. The landlord currently pays water, gas, and electric, which may simplify monthly budgeting for residents and reduce utility administration. With three separate units, the property offers straightforward multifamily income coverage while maintaining a recently refreshed interior across the building.

Key Highlights

  • Fully rented 3‑unit property with in‑unit laundry and updated interiors, including modern kitchens, renovated bathrooms, and hardwood flooring
  • Construction features stone and vinyl siding; roof includes composition and wood materials
  • Heating: forced air with natural gas; cooling includes central air and ceiling fans

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.2k $12.60
− Vacancy −$3.6k −$0.82
EGI $51.6k $11.78
− OpEx −$15.5k −$3.53
NOI $36.1k $8.25
4,383 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$516.4K
$451.8K – $602.4K (±1% cap)
NOI $36,145 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$482.7K
$422.4K – $563.2K (±1% cap)
NOI $33,790 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$1.11M
$973.4K – $1.30M (±1% cap)
NOI $77,874 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Garden Center Bakery HVAC Service Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Completely remodeled, fully rented three-unit property with in-unit laundry, updated kitchens and baths, and off-street parking.
Where is this triplex located?
The property is located at 2027 Green Ridge Street Dunmore, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Fully rented 3‑unit property with in‑unit laundry and updated interiors, including modern kitchens, renovated bathrooms, and hardwood flooring; Construction features stone and vinyl siding; roof includes composition and wood materials; Heating: forced air with natural gas; cooling includes central air and ceiling fans
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