OPPORTUNITY --MULTI-UNIT RAISED RANCH FOR SALE -- OCCUPY YOUR OWN OFFICE IN LARGE LOWER LEVEL & RENT OUT TWO SMALL APARTMENTS on main level(handicap accessible) & one small 118 sq.ft office on first floor. Enter from front of bldg. for apartments & stairs to lower level or use rear entrance for office. OFFICE SPACE ENTIRE LOWER LEVEL, completely renovated with private rest room, 2 private offices,. Common area, 2 walk-in closets, plus storage areas. 1 to 10 spaces for parking on paved & gravel areas adjacent to building. Zoned C-1 Community Commercial .(Commercial Mixed with Residential). Tenants rent includes all utilities. Gas heat & Central air.Financial information available upon request of buyer-- - easy access to Casey Highway and Scr. Carbondale - Hwy. GREAT LOCATION..
Sold for $140,000
$140,000
505 Penn Ave, Mayfield, PA 18433
2beds
3baths
1,540sqft
MultiFamily
Built in 2008
-- sqft lot
$230,600 Zestimate®
$91/sqft
$1,730 Estimated rent
Home value
$230,600
$205,000 - $256,000
$1,730/mo
Zestimate® history
Owner options
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$1,730/mo
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$982/mo
Est. payment
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$982/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Interior area
- Total interior livable area: 1,540 sqft
Property
Parking
- Total spaces: 10
Lot
- Size: 7,405 sqft
Details
- Parcel number: 07405040020
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2008
Community & neighborhood
Location
- Region: Mayfield
Other
Other facts
- Road: Public: Municipal
- Unit 1: Kitchen: Yes
- Unit 2: Kitchen: Yes
- Unit 2: Living Room: Yes
- Unit 1: Living Room: Yes
- Exterior: Vinyl
- Waste: Public
- Water: Public
- Foundation: Full Basement
- Bathrooms: Modern
- Roof: Comp Shingle
- Heating: Natural Gas, Electric, Baseboard, Forced Air
- Hot Water: Gas
- Driveway: Asphalt, Gravel
- Unit 2: Stove: Yes
- Unit 2: Refrigerator: Yes
- Kitchen: Modern
- Lot Description: Flat, Rectangle
- Unit 1: Stove: Yes
- Unit 1: Refrigerator: Yes
- Zoning: Commercial
- Unit 3: Stove: Yes
- Cooling: Central AC, Window Unit AC
- Style/Type: Converted
- Property Type: D
- Features: Handicap Equipped
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2024 | Sold | $140,000+40%$91/sqft |
Source: Public Record Report a problem | ||
| 6/11/2021 | Sold | $100,000+9316.2%$65/sqft |
Source:  GSBR as distributed by MLS GRID #21330 Report a problem | ||
| 7/20/2020 | Sold | $1,062-99.5%$1/sqft |
Source: Public Record Report a problem | ||
| 10/26/2018 | Listing removed | $229,500$149/sqft |
Source: REALTY NETWORK GROUP #18-2227 Report a problem | ||
| 8/5/2018 | Price change | $229,500-7.8%$149/sqft |
Source: REALTY NETWORK GROUP #18-2227 Report a problem | ||
| 6/27/2018 | Price change | $249,000-7.4%$162/sqft |
Source: REALTY NETWORK GROUP #18-2227 Report a problem | ||
| 5/21/2018 | Listed for sale | $269,000+976%$175/sqft |
Source: REALTY NETWORK GROUP #18-2227 Report a problem | ||
| 6/21/2005 | Sold | $25,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,584 +14.2% | $20,900 |
| 2024 | $4,889 +4.6% | $20,900 |
| 2023 | $4,674 +3.6% | $20,900 |
| 2022 | $4,514 | $20,900 |
| 2021 | $4,514 +6.9% | $20,900 |
| 2020 | $4,223 +1% | $20,900 |
| 2018 | $4,181 +77.6% | $20,900 |
| 2017 | $2,354 | $20,900 |
| 2016 | -- | $20,900 |
| 2015 | -- | $20,900 |
| 2014 | -- | $20,900 |
| 2013 | -- | $20,900 |
| 2012 | -- | $20,900 |
| 2011 | -- | $20,900 |
| 2010 | -- | $20,900 |
| 2009 | -- | $20,900 +1990% |
| 2008 | -- | $1,000 |
| 2007 | -- | $1,000 |
| 2006 | -- | $1,000 |
| 2005 | -- | $1,000 |
| 2004 | -- | $1,000 |
| 2003 | -- | $1,000 |
| 2002 | -- | $1,000 |
| 2000 | -- | $1,000 |
Find assessor info on the county website
Neighborhood: 18433
Nearby schools
GreatSchools rating
- 7/10Mayfield El SchoolGrades: K-6Distance: 0.6 mi
- 7/10Lakeland Junior-Senior High SchoolGrades: 7-12Distance: 3.7 mi
Schools provided by the listing agent
- District: Lakeland
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Pennsylvania
- Lackawanna County
- Mayfield
- 18433
- 505 Penn Ave
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