Sold for $216,000

$216,000

432-434 Lackawanna St, Forest City, PA 18421

8beds

3,410sqft

Multi Family, Triplex

Built in 1930

-- sqft lot

$228,300 Zestimate^®

$63/sqft

$1,085 Estimated rent

Home value

$228,300

Estimated sales range

Not available

$1,085/mo

Zestimate^® history

Owner options

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$1,085/mo

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$1,085/mo

Rent Zestimate^®

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$1,440/mo

Est. payment

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$1,440/mo

Est. payment

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What's special

Perfect for an investor seeking a stable, income-generating property with generous cap rate to add to their portfolio! This fully occupied triplex offers the ideal combination of turnkey convenience and proven rental performance. Providing for comfortable and spacious living accommodations for tenants, this multifamily is 4000sf with 8 bedrooms & 5 bathrooms spread over 3 units, and has off-street parking for 3 cars. Public water/sewer and all utilities are separate. The well-maintained building has received a fresh coat of paint and updated flooring.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 3
1/2 bathrooms: 2

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Refrigerator, Microwave, Gas Range, Electric Range

Features

Basement: Apartment,Walk-Out Access,Unfinished,Finished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,410
Total interior livable area: 3,410 sqft
Finished area above ground: 2,542
Finished area below ground: 868

Property

Parking

Total spaces: 3
Parking features: Off Street, On Street
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Front Porch, Side Porch, Rear Porch
Fencing: None

Lot

Size: 5,227 Square Feet
Dimensions: 58.3 x 100.4

Details

Parcel number: 268.062,041.00,000.
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Triplex

Materials

Roof: Shingle

Condition

Updated/Remodeled
New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Forest City

Financial & listing details

Price per square foot: $63/sqft
Tax assessed value: $18,400
Annual tax amount: $1,465
Date on market: 1/22/2025
Cumulative days on market: 5 days
Listing terms: 1031 Exchange,VA Loan,FHA,Conventional,Cash
Inclusions: Stoves, Refrigerators, Dishwashers, Microwaves
Exclusions: Window Air Conditioners, Washers, Dryers
Tenant pays: Cable TV, Water, Electricity, Gas
Road surface type: Paved

Price history

Date	Event	Price
3/31/2025	Sold	$216,000+8.1%$63/sqft
Source: GSBR as distributed by MLS GRID #SC250281 Report a problem
1/30/2025	Pending sale	$199,900$59/sqft
Source: GSBR as distributed by MLS GRID #SC250281 Report a problem
1/22/2025	Listed for sale	$199,900+238.8%$59/sqft
Source: GSBR as distributed by MLS GRID #SC250281 Report a problem
7/16/2009	Sold	$59,000$17/sqft
Source: GSBR as distributed by MLS GRID #075965 Report a problem