Investment Opportunity on Owego Turnpike, Simpson PA!This well-maintained 4-unit property is a true income producer, offering three spacious 2-bedroom units and one larger 3-bedroom unit on the lower level. With reliable, long-term tenants already in place, this is a turn-key investment ready to cash flow from day one.The property features a small backyard perfect for tenant leisure and a large rear parking lot offering ample space for all residents. A new roof was installed just two years ago, reducing future capital expenses.Gross Monthly Income: $3,700Gross Annual Income: $44,400Whether you're looking to expand your portfolio or get started with multifamily investing, this property checks all the boxes. Don't miss this opportunity!Owner is a Licensed Real Estate Broker.
Sold for $283,500
$283,500
933 Owego Tpke, Simpson, PA 18407
9beds
3,640sqft
Multi Family, Quadruplex
Built in 1945
-- sqft lot
$-- Zestimate®
$78/sqft
$1,634 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,634/mo
Zestimate® history
Owner options
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$1,634/mo
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$1,634/mo
Rent Zestimate®
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$1,828/mo
Est. payment
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$1,828/mo
Est. payment
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List your homeWhat's special
Small backyardLarge rear parking lot
Zillow last checked:
Listing updated:
Listed by:
Jeremy J Watson 570-352-5162,
SIX PM LLC
Bought with:
Colette R. Trail, AB068670
Pocono Mountain Lakes Realty
Source: PWAR as distributed by MLS GRID,MLS#: PW252824
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Oil, Hot Water
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Oven, Washer/Dryer, Refrigerator
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum, Vinyl
- Basement: Finished,Full
Interior area
- Total structure area: 3,640
- Total interior livable area: 3,640 sqft
- Finished area above ground: 2,840
- Finished area below ground: 800
Property
Parking
- Parking features: Driveway, Parking Lot, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Fencing: Partial
- Body of water: None
Lot
- Size: 7,840 sqft
- Dimensions: 50' x 157' x 50' 157'
Details
- Additional structures: Shed(s), Storage
- Parcel number: 03501010005
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Simpson
- Subdivision: None
HOA & financial
Other fees
- Deposit fee: $3,550
Other
Other facts
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $283,500-5.2%$78/sqft |
Source:  PWAR as distributed by MLS GRID #PW252824 Report a problem | ||
| 12/17/2025 | Pending sale | $299,000$82/sqft |
Source: PWAR as distributed by MLS GRID #PW252824 Report a problem | ||
| 8/27/2025 | Listed for sale | $299,000+130%$82/sqft |
Source: PWAR as distributed by MLS GRID #PW252824 Report a problem | ||
| 4/20/2021 | Sold | $130,000-3.7%$36/sqft |
Source:  GSBR as distributed by MLS GRID #21837 Report a problem | ||
| 3/17/2021 | Listed for sale | $135,000+45.2%$37/sqft |
Source: GSBR as distributed by MLS GRID #21-837 Report a problem | ||
| 2/28/2020 | Sold | $93,000-6.1%$26/sqft |
Source: GSBR as distributed by MLS GRID #195816 Report a problem | ||
| 1/3/2020 | Listed for sale | $99,000+102%$27/sqft |
Source: Ruddy Realty #19-5816 Report a problem | ||
| 11/23/2016 | Listing removed | $49,000$13/sqft |
Source: Ruddy Realty #16-4630 Report a problem | ||
| 9/22/2016 | Listed for sale | $49,000$13/sqft |
Source: Ruddy Realty #16-4630 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,361 +10.4% | $10,000 |
| 2024 | $2,138 +1.8% | $10,000 |
| 2023 | $2,100 +0.7% | $10,000 |
| 2022 | $2,085 +0.9% | $10,000 |
| 2021 | $2,067 +5.6% | $10,000 |
| 2020 | $1,958 +2.4% | $10,000 |
| 2018 | $1,913 +122.1% | $10,000 -33.3% |
| 2017 | $861 | $15,000 |
| 2016 | -- | $15,000 |
| 2015 | -- | $15,000 |
| 2014 | -- | $15,000 |
| 2013 | -- | $15,000 |
| 2012 | -- | $15,000 |
| 2011 | -- | $15,000 |
| 2010 | -- | $15,000 |
| 2009 | -- | $15,000 |
| 2008 | -- | $15,000 |
| 2007 | -- | $15,000 |
| 2006 | -- | $15,000 |
| 2005 | -- | $15,000 |
| 2004 | -- | $15,000 |
| 2003 | -- | $15,000 +118.8% |
| 2002 | -- | $6,857 |
| 2000 | -- | $6,857 |
Find assessor info on the county website
Neighborhood: 18407
Nearby schools
GreatSchools rating
- 3/10Carbondale El SchoolGrades: PK-6Distance: 2.8 mi
- 4/10Carbondale Area Junior-Senior High SchoolGrades: 7-12Distance: 2.7 mi
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- Pennsylvania
- Lackawanna County
- Carbondale
- 18407
- 933 Owego Tpke
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