535 Chestnut St

4,962 Sq. Ft.
$99 / Sq. Ft.
4,962
Sq. Ft.
$99
per Sq. Ft.

Description

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...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.
  1. Listed by Christian Saunders • Brokerage DRE #RB069379 • Christian Saunders Real Estate
    P: (570)-947-3292 C: (570)-947-3292 christian@christiansaunders.com

Property Details for 535 Chestnut Street

Zoning Description
Residential
Parking Total
6.0
Waterfront
No
LISTING UPDATED: 06/24/2026 11:01 PM

Property Details for 535 Chestnut Street

StatusActive
MLS #SC262985
Days on Market8
Taxes$5,182 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1940
Lot Size0.13 AC / 5,619 SF
CountyLackawanna County

Location

Listing Courtesy of Christian Saunders Real Estate
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Building Information for 535 Chestnut Street

Stories2Residences4Year Built1940Building Size-Lot Size0.13 AC / 5,619 SF

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Property Taxes

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Property Information for 535 Chestnut Street

Summary
Location and General Information
  • Region: Dunmore
  • Municipality: Dunmore
  • Directions: Drinker St To Chestnut Street, property on corner of chestnut and somers
  • City: Dunmore
  • State/Province: PA
  • Postal Code: 18512
  • County: Lackawanna
  • Latitude: 41.41379
  • Longitude: -75.627829
Taxes and HOA Information
  • Tax Book Number: 201122439
  • Tax Assessed Value: 19748
  • Tax Year: 2025
  • Parcel Number: 14620020001
  • Tax Annual Amount: $5,182.11
Parking
  • Garage Spaces: 2.00
School Information
  • School District: Dunmore
Property
Lot Information
  • Structure Type: Multi Family
  • Lot Size Acres: .13
  • Lot Size Dimensions: 153X125X88
  • Living Area: 4962.0
  • Lot Size Area: 0.129
  • Below Grade Finished Area: 0.0
Property and Assessments
  • Property Information:Basement: Full
  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Multi Family
  • Property Type Label: Residential Income
  • New Construction: No
Interior and Exterior Features
Interior Features
  • Stories: 2
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Bedrooms Total: 10
  • Bathrooms Full: 4
  • Bathrooms Half: 0
Exterior Features
  • Foundation Area: .00
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses Information
  • Water Sewer Expense: $3,000.00
  • New Taxes Expense: $4,646.00
  • Gross Income: $50,820.00
  • Net Operating Income: $34,074.00
  • Insurance Expense: $2,500.00

Property History for 535 Chestnut Street

DateEvent & SourcePriceAppreciation
Jun 24, 2026

Listed (Active)

Greator Scranton Board of REALTORS #SC262985

$489,900
Nov 28, 2011

Closed (Public Record)

Public Record #320336875

$120,000
Nov 28, 2011

Closed

Greator Scranton Board of REALTORS #11-4971

$120,000
DateEvent & SourcePrice
06/24/2026

Listed (Active)

Greator Scranton Board of REALTORS #SC262985

$489,900
11/28/2011

Closed (Public Record)

Public Record #320336875

$120,000
11/28/2011

Closed

Greator Scranton Board of REALTORS #11-4971

$120,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 535 Chestnut Street

Taxable ValueLand$19,430Additions$144,000Total$163,430
Tax Record2026$28,025 ($2,335 / month)
Home Facts
Lot Size5,641 SqFtStyleOffice BuildingYear Built1960CountyLACKAWANNAAPN14620020001

Schools near 535 Chestnut Street

This home is within Dunmore School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Private - PK to 8
Private - PK to 8
Rating
School
Distance
Dunmore El Center
PublicK to 6

Dunmore Junior-Senior High School
Public7 to 12

St. Mary of Mount Carmel School
PrivatePK to 8

St. Anthony Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

535 Chestnut Street is a multi-family home for sale in Dunmore, PA 18512. This property was listed for sale on June 24, 2026 by Christian Saunders Real Estate, it's currently listed at $489,900. It has been on the market for a total of 8 days and was last sold on November 28, 2011. This listing's school district is Dunmore School District. Nearby schools include Dunmore El Center, Dunmore Junior-Senior High School and St. Mary of Mount Carmel School. 535 Chestnut Street is a 10-bed, 4-bath, 4,962 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christian Saunders Real Estate

Based on information submitted to the MLS GRID as of 06/24/2026 11:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.