Turnkey Remodeled Triplex With
2027 Green Ridge Street Dunmore, PA 18512
For Sale
$449,000
Pending
MULTI_FAMILY - Dunmore, PA
Property Size4,383 SF
Lot Size0.21 Acres
Days on Market56
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 Agency:
ERA One Source Realty
(570) 587-9999
Listed By:
Leah Gianacopoulos · License #RS325414
(570) 947-9250
Added: Jun 1
Changed: Jul 9
Last Checked: Jul 26 at 10:06AM
MLS# SC262549
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.
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
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
NOI $36,145 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$482.7K
$422.4K – $563.2K
NOI $33,790 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$1.11M
$973.4K – $1.30M
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
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
