Investor Opportunity! Add this income-producing 3-unit apartment building to your portfolio. Two units (1st and 3rd floors) are currently rented, providing immediate rental income, while the vacant unit offers the opportunity to increase cash flow with a new tenant or owner occupancy.Tenants pay all utilities, keeping operating expenses low. The 1st and 2nd floor units are heated with oil heat, while the 3rd floor features electric heat. The landlord is responsible for garbage and sewer only.Outside, you'll find off-street parking for up to 8 vehicles, with designated parking spaces for each tenant, plus a detached garage and a spacious backyard.While the property could benefit from some updates and improvements, it offers excellent potential for investors looking to build equity and maximize returns. Whether you're expanding your rental portfolio or purchasing your first investment property, this is a solid opportunity with immediate income and room for growth.Schedule your showing today and explore the possibilities this multi-family property has to offer!
For sale
$249,000
701-707 Main St, Vandling, PA 18421
7beds
3,000sqft
Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Detached garageSpacious backyard
- 4 days |
- 94 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Mary Ruddy,
Ruddy Realty 570-282-4463
Source: GSBR as distributed by MLS GRID,MLS#: SC263021
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Oil
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum
- Basement: Unfinished
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
- Parking features: Garage, Off Street
- Garage spaces: 2
- Uncovered spaces: 8
Features
- Stories: 3
- Patio & porch: Front Porch
- Fencing: None
Lot
- Size: 9,583 Square Feet
- Dimensions: 50 x 201 x 52 x 188
Details
- Additional structures: Garage(s)
- Parcel number: 00817020004
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Other, Water Connected, Sewer Connected, See Remarks
Community & HOA
Community
- Features: Park, Street Lights, Sidewalks, Playground
Location
- Region: Vandling
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $8,500
- Annual tax amount: $1,946
- Date on market: 6/25/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities, Water, Electricity
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,371/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $249,000+185.4%$83/sqft |
Source:  GSBR as distributed by MLS GRID #SC263021 Report a problem | ||
| 7/3/2007 | Sold | $87,235$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,895 +15.9% | $8,500 |
| 2024 | $1,635 +2.4% | $8,500 |
| 2023 | $1,596 +3.8% | $8,500 |
| 2022 | $1,538 +1.2% | $8,500 |
| 2021 | $1,520 +7.3% | $8,500 |
| 2020 | $1,416 -1% | $8,500 |
| 2018 | $1,430 +84.5% | $8,500 |
| 2017 | $775 | $8,500 |
| 2016 | $775 | $8,500 |
| 2015 | -- | $8,500 |
| 2014 | -- | $8,500 |
| 2013 | -- | $8,500 |
| 2012 | -- | $8,500 |
| 2011 | -- | $8,500 |
| 2010 | -- | $8,500 |
| 2009 | -- | $8,500 |
| 2008 | -- | $8,500 |
| 2007 | -- | $8,500 |
| 2006 | -- | $8,500 |
| 2005 | -- | $8,500 |
| 2004 | -- | $8,500 |
| 2003 | -- | $8,500 |
| 2002 | -- | $8,500 |
| 2000 | -- | $8,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 18421
Nearby schools
GreatSchools rating
- 5/10Forest City Regional Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10Forest City Regional High SchoolGrades: 7-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Lackawanna County
- Forest City
- 18421
- 701-707 Main St
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