03
OCT
OCT
$449,900
Old Forge, PA 18518
MLS# 13-4446
Status: Closed
4500 sqft
1 / 6
Property Description
THIS TWO BUILDING, 11 UNIT IS A WINNER.EXCELLENT INCOME POTENTIAL TO MOVE RENTS UPWARD. $67,000.00 IN INCOME WITH ANOTHER $4000.00 IN POTENTIAL INCREASES. THIS SALE CAN BE PACKAGED WITH ANOTHER 2 PROPERTIES WITH 13 MORE UNITS.
Details
Listing Information
Current Price: $449,900
List Price: $449,900
List Date: 2013-10-22
Limited Service: No
Property Information
Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 4500
Year Built: 1970
Est Age Range: 41 - 50 Yrs
Lot Size: 113x137
Garage Type: None
Parking: Off-Street
Location Legal Taxes
House # (1): 603
Street Name: MAPLE
Street Suffix: Street
City (Post Office): Old Forge
State/Province: PA
Zip Code: 18518
County: Lackawanna
MLS Area: Misc Out of County
School District: Old Forge
Municipality: Old Forge
Develop/Subdivision: None
Remarks Directions
Directions: NORTH MAIN ST OLD FORGE. LEFT ON OAK. RIGHT ON CHURCH. LEFT ON MAPLE. PROPERTY ON RIGHT
Status Change Information
Status: Closed
Under Contract Date: 2014-02-25
Sold Date: 2014-04-30
Expenses
Annual Gross Income: 67000
Annual Electric Exp: 890
Annual Water Exp: 5000
Annual Sewer Exp: 1870
Annual Real Est Tax: 14249
Annual Fire/Liabilty: 2600
Annual Lawn Maint.: 665
Annual Snow Removal: 500
Annual Other Misc: 650
Total Annl Expenses: 25447.01
Anl Net Inc b/4 Debt: 41551.99
Appliances
# Ranges: 11
# Refrigerators: 10
Unit 1 Info
Unit #: 1
Approx SF: 800
# Rooms: 5
Monthly Rent: 525
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 800
# Rooms: 5
Monthly Rent: 500
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 3 Info
Unit #: 3
Approx SF: 800
# Rooms: 6
Monthly Rent: 500
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 4 Info
Unit #: 4
Approx SF: 800
# Rooms: 6
Monthly Rent: 500
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 5 Info
Unit #: 5
Approx SF: 800
# Rooms: 6
Monthly Rent: 485
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Water in Rent: Y
Unit 6 Info
Unit #: 435
Approx SF: 800
# Rooms: 6
Monthly Rent: 435
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 7 Info
Unit #: 7
Approx SF: 950
# Rooms: 7
Monthly Rent: 675
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 8 Info
Unit #: 8
Approx SF: 800
# Rooms: 6
Monthly Rent: 525
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 9 Info
Unit #: 9
Approx SF: 800
# Rooms: 6
Monthly Rent: 525
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit 10 Info
Unit #: 10
Approx SF: 800
# Rooms: 6
Monthly Rent: 525
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Property Features
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: Wall Units
Condition: Very Good
Exterior: Aluminum
Roof: Rubber
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor; Full Unfinished
Listing Office: McDermott & McDermott Real Estate, Inc.
Listing Agent: Daniel Lavery
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.
