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104 106 Lincoln Street, Olyphant, PA 18447

$250,000
Property Type: Residential Income Bedrooms: 11 Baths: 5 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $250,000 List Date: 10/26/2026 Last Modified: 10/28/2026

Overview

Description

Five-unit property with two buildings; the rear building and parking lot are not included. Three units are occupied, with monthly rents of $700, $850, and $600. Two recently renovated units are vacant and actively being marketed: Unit 104A at $900/month and Unit 106B at $1,000/month. Tenants pay water, gas, and electric. The property has five separate water meters; two units in the right-side duplex share one gas meter. Four units have gas heat; Unit 104 has oil heat. The property is in a flood zone, and current flood insurance is $2,224/year. This is an investors goldmine. With some tlc and improvement of rents this is an unbelievable price for a property that already makes money. Low taxes. Occupied units tenants have stayed there for the last ten years. They are regularly paying Tennats and very hard to schedule showings with so those units are not available to see as we can't confirm showings. Landlord has requested that doors can be knocked and checked if Tennats will be able to ...

Listing Details MLS# SC-265409

General Property Information

Number Of Buildings
3
Number Of Units Total
5
Bedrooms Total
11
Bathrooms Total
5
Bathrooms Full
5
Above Grade Finished Area
4761
Living Area
4761
Enhanced Accessible
No
Year Built
1940
Year Built Source
Public Records
New Construction YN
No
Garage YN
No
Lot Size Acres
0.16
Lot Size Dimensions
57.5x140x20.5x21x12.2x31.5x107.76
Lot Dimensions Source
Public Records
Land Lease YN
No
Association YN
No
Waterfront YN
No
Basement YN
No
Stories
2
Units Furnished
None
Fireplace YN
No
Spa YN
No
Auction YN
No
List Price/SqFt
52.51

Property Features

Appliances: Range Architectural Style: Complex Construction Materials: Wood Siding Current Financing: Assumable; Conventional Current Use: Investment; Multi-Family Electric: Circuit Breakers Heating: Electric; Natural Gas; Oil; Separate Meters Laundry Features: Gas Dryer Hookup; None Levels: One and One Half Listing Terms: Cash; Conventional Lot Features: Rectangular Lot Parking Features: On Street; None Patio And Porch Features: Deck; Porch Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Paved Roof: Composition; Wood Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent Structure Type: Multi Family Water Source: Public

Contract Information

Listing Contract Date
2026-10-23
Property Sub Type
Multi Family
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
Young Matthew R

Location Tax and Legal

Street Number
104
Street Name
106 Lincoln
Street Suffix
Street
State
PA
Postal Code
18447
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
Five-unit property with two buildings; the rear building and parking lot are not included. Three units are occupied, with monthly rents of $700, $850, and $600. Two recently renovated units are vacant and actively being marketed: Unit 104A at $900/month and Unit 106B at $1,000/month. Tenants pay water, gas, and electric. The property has five separate water meters; two units in the right-side duplex share one gas meter. Four units have gas heat; Unit 104 has oil heat. The property is in a flood zone, and current flood insurance is $2,224/year. This is an investors goldmine. With some tlc and improvement of rents this is an unbelievable price for a property that already makes money. Low taxes. Occupied units tenants have stayed there for the last ten years. They are regularly paying Tennats and very hard to schedule showings with so those units are not available to see as we can't confirm showings. Landlord has requested that doors can be knocked and checked if Tennats will be able to show the home, but he can't guarantee it. The two vacant units are easy to show. Selling As-is.
Exclusions
No

Status Change Information

Major Change Timestamp
2026-10-26T19:21:57Z
Major Change Type
New Listing
Status Change Timestamp
2026-10-26

More Information

Income and Expenses

Flood Insurance Expense
1100
Gross Income
36000
Gross Scheduled Income
36000
Sewer Expense
1240
Total Actual Rent
36000
Water Expense
1500

Unit 1

Unit #
104A
Actual Rent
900
SqFt Total
1005
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes

Unit 2

Unit #
104B
Actual Rent
850
SqFt Total
885
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes

Unit 3

Unit #
106A
Actual Rent
600
SqFt Total
1330
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes

Unit 4

Unit #
106B
Actual Rent
1000
SqFt Total
570
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes

Unit 5

Unit #
106C
Actual Rent
850
SqFt Total
991
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes

Meter Information

Number Of Separate Electric Meters
5
Number Of Separate Gas Meters
5
Number Of Separate Water Meters
5

Road Frontage Type

Road Frontage Length
57
Listing Office: Iron Valley Real Estate Greater Scranton
Last Updated: October - 28 - 2026
Information deemed reliable but not guaranteed.
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