Sold

603 MAPLE Street, Old Forge

Old Forge, PA, 18518 · MLS #13-4446
$430,000
Sold April 2014
603 MAPLE Street, Old Forge in Old Forge
1 / 6
11
Units
4,500
Building SF
1970
Year Built
$96
Per Sq Ft
Last List Price
$449,900
Sold For
$430,000
Against Asking
Sold 4.4% below asking

Wondering what that means for your own property? Get a real valuation in Old Forge — a local agent runs the comparables by hand, not an automated estimate.

About This Property

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.

This property has sold and is no longer on the market. This is an older sale on record (April 2014), not a recent one — values in this market have moved since. It sold for $430,000 in April 2014. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by McDermott & McDermott Real Estate, Inc..

Property Details

The Property

Property Type
Residential Income
Sub-Type
Multiple Buildings
Condition
Very Good

Interior

Basement
Concrete
Interior Features
Drywall
Included
STOVES REFRIGERATORS

Systems

Heating
Electric Baseboard
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Aluminum Siding
Garage
Detached
Lot Dimensions
113x137

Location

County
Lackawanna County
School District
Old Forge
Zoning
Commercial

Costs & Listing

Annual Taxes
$14,038
Gross Income
$67,000
Net Operating Income
$41,552
Cap Rate
9.24%
MLS #
13-4446
Listed By
McDermott & McDermott Real Estate, Inc.

What Is Your Old Forge Home Worth Today?

Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Old Forge and give you a real number — not an automated estimate.

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