201 Moosic StOld Forge, PA 18518

For Sale
$589,000

Three-parcel corner lot, income potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use property in Old Forge, Pennsylvania, presents a compelling investment opportunity. Located on a commercial-zoned corner lot encompassing approximately 0.45 acres, this offering comprises three separate parcels (Parcel #17516020025, 17516020026, and 17516020027) and includes a two-family home, a large single-family residence with an in-ground pool, and a detached two-car garage. All residential units are currently rented, generating immediate income potential. The property's 2,324 square feet offer flexibility for various uses. Maintain the existing income stream or redevelop the site for a new office building – the possibilities are vast. Conveniently situated just one block from Old Forge's Main Avenue, this location benefits from high visibility and proximity to amenities, including a Starbucks. The property is being sold "as is," and the tax amount reflects the combined assessment of all three parcels. This is a rare opportunity to acquire a multi-family property (SC-5274) and three contiguous parcels in a prime Old Forge location. The asking price for this unique investment is $589,000.

Highlights

  • Exceptional mixed-use investment opportunity in Old Forge, PA.
  • 0.45-acre corner lot with commercial zoning, encompassing three parcels (Parcel #17516020025, 17516020026, and 17516020027).
  • Includes a two-family home, a large single-family home with in-ground pool, and a detached two-car garage; all currently rented.
  • 2,324 square feet with potential for redevelopment or continued income generation.
  • Prime Old Forge location, one block from Main Avenue, near amenities.
  • Offered at $589,000, "as is," with taxes reflecting the combined assessment of all three parcels.

Location Insight

City
Old Forge
County
Lackawanna
State
Pennsylvania
Latitude
41.369908
Longitude
-75.7339105
201 Moosic St, Old Forge, Pennsylvania

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201 Moosic St
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