933 Owego Turnpike, Fell Township, PA 18407

$283,500
Property Type: Residential Income Bedrooms: 9 Baths: 4 Square Footage: 3,640 Status: Closed
Current Price: $283,500 List Date: 8/27/2025 Last Modified: 1/16/2026

Description

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: $3,700 • Gross Annual Income: $44,400 Whether 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.

More Information MLS# PW-252824

Contract Information

Listing Service: Full Service Current Price: $283,500 Sold Price: $283,500 Status: Closed Listing Contract Date: 2025-08-26 Property Sub Type: Multi Family

Location, Tax, and Legal

Municipality: Fell Township - Lackawanna County High School District: Carbondale Area School District County Tax Amount: 899.8 Municipal Tax Amount: 121 School Tax Amount: 1340 Tax Annual Amount: 2760.8 Tax Assessed Value: 10000 Parcel Number: 03501010005 Zoning: Residential Tax Book Number: 202109458

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Bathrooms Half: 0 Above Grade Finished Area: 2840 Below Grade Finished Area: 800 Lot Size Acres: 0.18 Lot Size Dimensions: 50’ x 157’ x 50’ 157’ Association YN: No Year Built Source: Public Records New Construction YN: No Garage Spaces: 0 Waterfront YN: No Water Body Name: None Basement YN: Yes Stories: 2 List Price/SqFt: 82.14 Sold Price/SqFt: 77.88 Bedrooms Total: 9 Bathrooms Total: 4 Bathrooms Full: 4 Living Area: 3640 Year Built: 1945

Remarks and Miscellaneous

Public Remarks: 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: $3,700 • Gross Annual Income: $44,400 Whether 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.

Status Change Information

Concessions: No Buyer Financing: Conventional Major Change Timestamp: 2026-01-16T16:37:15Z Major Change Type: Status Change Purchase Contract Date: 2025-12-04 Close Date: 2026-01-15 Close Price: 283500

Appliances

Electric Oven: 1 Refrigerator: 1 Washer/Dryer: 1

Basement

Finished: 1 Full: 1

Cooling

Ceiling Fan(s): 1

Exterior Features

Balcony: 1

Fencing

Partial: 1

Flooring

Carpet: 1 Linoleum: 1 Luxury Vinyl: 1

Heating

Baseboard: 1 Hot Water: 1 Oil: 1

Laundry Features

In Unit: 1

Levels

Two: 1

Other Structures

Shed(s): 1 Storage: 1

Parking Features

Driveway: 1 Off Street: 1 Parking Lot: 1

Patio And Porch Features

Front Porch: 1

Road Responsibility

Public Maintained Road: 1

Sewer

Public Sewer: 1

Structure Type

Multi Family: 1 Quadruplex: 1

Water Source

Public: 1

Unit 1

Unit #: 1 Actual Rent: 850 Security Deposit $: 850 SqFt Total: 850 Baths Total: 1 Beds Total: 2 Rooms Total: 5 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: Yes Unit Remarks: M-M

Unit 2

Unit #: 2 Actual Rent: 800 Security Deposit $: 650 SqFt Total: 990 Baths Total: 1 Beds Total: 2 Rooms Total: 5 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Unit Remarks: M-M

Unit 3

Unit #: 3 Actual Rent: 1050 Security Deposit $: 1050 SqFt Total: 1000 Baths Total: 1 Beds Total: 3 Rooms Total: 6 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: Lower Level

Unit 4

Unit #: 4 Actual Rent: 1000 Security Deposit $: 1000 SqFt Total: 800 Baths Total: 1 Beds Total: 2 Rooms Total: 5 Dining Room YN: No Kitchen YN: Yes Living Room YN: Yes Unit Remarks: M-M

Owner Pays

Insurance: 1 Sewer: 1 Taxes: 1 Water: 1 Other: 1

Tenant Pays

Electricity: 1

Income Includes

Rent Only: 1

Location Tax and Legal

Street Number: 933 Street Name: Owego Street Suffix: Turnpike County: Lackawanna State: PA Postal Code: 18407 Subdivision Name: None

Property Features

Appliances: Electric Oven; Refrigerator; Washer/Dryer Basement: Finished; Full Cooling: Ceiling Fan(s) Exterior Features: Balcony Fencing: Partial Flooring: Carpet; Linoleum; Luxury Vinyl Heating: Baseboard; Hot Water; Oil Income Includes: Rent Only Laundry Features: In Unit Levels: Two Other Structures: Shed(s); Storage Owner Pays: Insurance; Sewer; Taxes; Water; Other Parking Features: Driveway; Off Street; Parking Lot Patio And Porch Features: Front Porch Road Responsibility: Public Maintained Road Sewer: Public Sewer Structure Type: Multi Family; Quadruplex Tenant Pays: Electricity Water Source: Public

Documents

Listing Office: SIX PM LLC
Last Updated: January - 16 - 2026
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