03
OCT
OCT
$594,000
Old Forge, PA 18518
MLS# 25-2470
7500 sqft
1 / 49
Property Description
Cash flow and equity gains on this 8 unit property in old forge! 7/8 units are leased. Multiple units have been modernized. Own the entire corner lot featuring: a 5 unit, a 2 unit, and a mobile home. Ample off street parking and convenient location to both the Wilkes barre and scranton metro areas make this property a great pick to add to your portfolio. Call today to schedule a private tour
Details
Maps
Listing Information
Current Price: $594,000
List Price: $594,000
Listing Contract Date: 2025-05-21
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Building Area Total: 7500
Est Age Range: 51 - 75 Yrs
# Spaces off-Street: 20
Parking: Off-Street
Location Legal Taxes
Street Number: 207
Street Name: Milwaukee
Street Suffix: Avenue
State: PA
Postal Code: 18518
County: Lackawanna
MLS Area Major: Misc Out of County
SchoolDistrict: Old Forge
Township: Old Forge
Subdivision Name: None
Remarks Directions
Directions: Exit 180 to Route 11 to Moosic, right on Main St, right on Lonesome Rd, right on S Main St, left on Drakes Lane, property is on the right.
Status Change Information
Status: Active
Expenses
Annual Gross Income: 80940
Annual Water Exp: 4800
Annual Sewer Exp: 1971.5
Annual Real Est Tax: 5855.28
Total Annl Expenses: 15078.78
Unit 1 Info
Unit #: 205
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Heat in Rent: N
Hot Water in Rent: Y
Unit 2 Info
Unit #: 205
Unit 3 Info
Unit #: 207
Unit 4 Info
Unit #: 207
Unit 5 Info
Unit #: 207
Unit 6 Info
Unit #: 158
Unit 7 Info
Unit #: 160
Unit 8 Info
Unit #: 151
Property Features
Heat Fuel Type: Electric
AC Type: None
Condition: Good
Basement: Full Unfinished
Listing Office: RPA Real Estate
Listing Agent: Robert Merante
Last Updated: March - 06 - 2026
Information deemed reliable but not guaranteed.
