207 Milwaukee Avenue, Old Forge, PA 18518 (MLS# 25-2470)

$599,000

207 Milwaukee Avenue, Old Forge, PA 18518

7,500 sqft

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

More Information

Property Sub Type: Multiple Buildings
Realtor.COM Type: Multi-Family
Style: Multiple Buildings
Aprx Total SF: 7500
Est Age Range: 51 - 75 Yrs
Lot Size: 167X177X150X103
# Spaces off-Street: 20
Parking: Off-Street
Current Price: $599,000
List Price: $599,000
List Date: 2025-05-21
Limited Service: No
House # (1): 207
Street Name: Milwaukee
Street Suffix: Avenue
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
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: Active
Annual Gross Income: 80940
Annual Water Exp: 4800
Annual Sewer Exp: 1971.5
Annual Real Est Tax: 5855.28
Annual Fire/Liabilty: 2452
Total Annl Expenses: 15078.78
Anl Net Inc b/4 Debt: 65861.22
Unit #: 205
Approx SF: 1000
# Rooms: 4
Monthly Rent: 975
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 205
Approx SF: 900
# Rooms: 3
Monthly Rent: 825
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 207
Approx SF: 900
# Rooms: 3
Monthly Rent: 975
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 207
Approx SF: 900
# Rooms: 3
Monthly Rent: 850
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 207
Approx SF: 1000
# Rooms: 4
Monthly Rent: 825
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y
Unit #: 158
Approx SF: 1000
# Rooms: 4
Monthly Rent: 620
# 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: N
Sewer in Rent: Y
Unit #: 160
Approx SF: 900
# Rooms: 3
Monthly Rent: 900
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit #: 151
Approx SF: 900
# Rooms: 4
# Bedrooms: 1
Kitchen Style: Semi-Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: None Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Full Unfinished

Property Info

ID: MLS# 25-2470
Type: Residential Income
Status: Active
Current Price: $599,000
List Date: 5/22/2025
Listing Office: RPA Real Estate

Request a Showing

Find out how much you can afford

Call Now: (570) 715-7700

Request Showing

DD dash MM dash YYYY
Name(Required)
Term Condition(Required)