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$775,000

880 W Oak Street, Old Forge

Old Forge, PA, 18518

Units

MLS #26-5209

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About This Property.

Two-parcel investment package in Old Forge. 880-884 W Oak is a fully occupied 7-unit, all 2BR apartments, with separate heat and electric. The adjacent parcel holds a 3-unit structure with fire damage, ready for rebuild. Construction bids on file. Buy the income today and add three more doors on a lot you already own. Sold together. Investor-ready cash flow with built-in expansion.

Home Features

Water: Public
Sewer: Public Sewer
Heating: Natural Gas
Basement: Unfinished
Exterior: Vinyl Siding
Garage: Detached
Lot Dimensions: 68X175X88X175
Interior Features: Drywall
Condition: Good

Income & Investment.

Unit Mix & Rent Roll.

Property Details.

Calculators.

Documents.

Location.

Area Demographics

TownZip CodeCounty

Old Forge Borough

8,573

Population

$71,392

Median Household Income

70%

Owner Occupied

2.26

Average Household Size

Housing Tenure

70% Owner Occupied30% Renter

ZIP 18518

8,573

Population

$71,392

Median Household Income

70%

Owner Occupied

2.26

Average Household Size

Housing Tenure

70% Owner Occupied30% Renter

Lackawanna County

216,146

Population

$66,704

Median Household Income

65%

Owner Occupied

2.35

Average Household Size

Housing Tenure

65% Owner Occupied35% Renter

Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).

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Jonathan J. Nelson Real Estate