406-408 S Main Street, Taylor, PA 18517

New Listing
$395,000
Property Type: Residential Income Bedrooms: 8 Baths: 3 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $395,000 List Date: 10/29/2026 Last Modified: 10/30/2026

Overview

Description

First Showings will be open house on Nov 1 from 12pm to 2pm. Investment potential takes center stage in this substantial Taylor triplex, offering 5,184 square feet, eight bedrooms, and three bathrooms across a versatile multifamily footprint. Designed to generate income from day one, the property also includes a three-car garage currently bringing in $250 per month. Each unit benefits from separate utilities, helping simplify expense tracking and day-to-day management; the owner is responsible for sewer. Original hardwood floors add enduring character, while spacious living areas give residents room to settle in comfortably. With seven bedrooms and three bathrooms in total, the layout offers broad rental flexibility without squeezing everyone into shoebox-sized quarters. Beyond the interior, a private backyard provides welcome outdoor space. Alley access and off-street parking add practical convenience for residents, while the garage creates an additional revenue stream rather t ...

Open Houses

  • Tomorrow, 12:00 pm - 2:00 pm

Listing Details MLS# SC-265453

General Property Information

Number Of Units Total
3
Bedrooms Total
8
Bathrooms Total
3
Bathrooms Full
3
Above Grade Finished Area
5184
Below Grade Unfinished Area
1119
Living Area
5184
Enhanced Accessible
No
Year Built
1940
Year Built Source
Estimated
New Construction YN
No
Garage YN
Yes
Garage Spaces
3
Lot Size Acres
0.18
Lot Size Dimensions
50x150
Lot Dimensions Source
Estimated
Land Lease YN
No
Association YN
No
Waterfront YN
No
Basement YN
Yes
Furnished
Unfurnished
Stories
2
Units Furnished
None
Fireplace YN
No
Spa YN
No
Senior Community YN
No
Auction YN
No
List Price/SqFt
76.2

Property Features

Architectural Style: Multiple Buildings Basement: Unfinished Common Walls: 1 Common Wall Community Features: None Construction Materials: Metal Siding Cooling: Ceiling Fan(s) Current Financing: Conventional Current Use: Multi-Family Electric: Circuit Breakers Exterior Features: Private Yard Financial Data Source: Owner Flooring: Tile; Vinyl; Wood Heating: Baseboard; Electric Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Rectangular Lot Other Structures: Garage(s) Owner Pays: Insurance; Sewer; Taxes Parking Features: Detached; Off Street Patio And Porch Features: Front Porch Possession: Close Of Escrow Road Frontage Type: City Street Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Showing Service Spa Features: None Structure Type: Multi Family; Triplex Tenant Pays: Electricity; Hot Water Water Source: Public

Contract Information

Listing Contract Date
2026-10-29
Property Sub Type
Multi Family
Listing Agreement
Exclusive Right To Sell
Seller Offers Concessions YN
Yes
Owner Name
Thomas and Erin Burke

Location Tax and Legal

Street Number
406-408
Street Direction Prefix
S
Street Name
Main
Street Suffix
Street
State
PA
Postal Code
18517
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
First Showings will be open house on Nov 1 from 12pm to 2pm. Investment potential takes center stage in this substantial Taylor triplex, offering 5,184 square feet, eight bedrooms, and three bathrooms across a versatile multifamily footprint. Designed to generate income from day one, the property also includes a three-car garage currently bringing in $250 per month. Each unit benefits from separate utilities, helping simplify expense tracking and day-to-day management; the owner is responsible for sewer. Original hardwood floors add enduring character, while spacious living areas give residents room to settle in comfortably. With seven bedrooms and three bathrooms in total, the layout offers broad rental flexibility without squeezing everyone into shoebox-sized quarters. Beyond the interior, a private backyard provides welcome outdoor space. Alley access and off-street parking add practical convenience for residents, while the garage creates an additional revenue stream rather than simply storing forgotten holiday decorations. Everyday destinations are conveniently close. John Derenick Memorial Park is about 0.4 miles away, and ShopRite of Birney Plaza is about 0.7 miles from the property. The N Main Oak Tay bus station is about 1.1 miles away, and Old Forge High School is approximately 1.6 miles away. These nearby connections support the property's appeal while keeping shopping, recreation, transit, and education within convenient reach. For investors seeking scale, multiple income sources, and useful parking in Lackawanna County, this triplex presents a compelling addition to a real estate portfolio.

Status Change Information

Major Change Timestamp
2026-10-29T09:39:21Z
Major Change Type
New Listing
Status Change Timestamp
2026-10-29

More Information

Income and Expenses

Insurance Expense
2078
Sewer Expense
960

Unit 1

Unit #
First Floor
Actual Rent
1085
SqFt Total
1410
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
Month to Month

Unit 2

Unit #
2 Left
Actual Rent
875
SqFt Total
1324
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
Month to Month

Unit 3

Unit #
3Right
SqFt Total
1325
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
No
Listing Office: Cobblestone Real Estate LLC
Last Updated: October - 30 - 2026
Information deemed reliable but not guaranteed.