Address
207 Milwaukee Avenue, Old Forge, PA
Price
$ 594,000
Property Attributes
  • MLS#252470
  • TypeSingle Family
  • Listing Status Active
  • CountyLACKAWANNA
  • CityOld Forge
  • AreaMisc Out of County
  • Zip18518
  • Style
  • Taxes$ 5855
  • Price$ 594,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7500
Data Source:
Luzerne County Association of REALTORS® (LZCAOR)
Property 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

Price History
5/22/2025 Listed $599,000
3/6/2026 1$594,000

General Features

Zoning Multi-Family
Architectural Style Style
Construction Materials Aluminum Siding
Exclusions Tenants personal belongings.
Township Old Forge
Property Subtype Multiple Buildings
Parcel Number 18407020072
Gross Income 80940.0
County Lackawanna
Net Operating Income 65861.22
New Construction No
Property Type Residential Income
Attached Garage No
Subdivision Name None
Status Active
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.
City Old Forge
High School District Old Forge
Open Parking Spaces 20.0
Number Of Units Total 8
MLS Area Misc Out of County
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 5855.0
Electric Expense 0.0
Home Warranty Y/N No
Fuel Expense 0.0
Property Condition Good
Trash Expense 0.0
Lease Renewal Y/N No
MLS Area Minor Misc Out of County
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
HeatingYN@Core.Permissions None
Utilities@Core.Permissions None
Water Body Access Y/N None
Accessibility Features Y/N None

Interior Features

Basement (Y/N) No

Exterior Features

Spa No
Building Area Total 7500.0
Lot Dimensions 167X177X150X103
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
ExteriorFeatures@Core.Permissions None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 18518

Price
AVG $250K
$590K
Taxes
AVG $4,124
$5,855
Visits
AVG 27
1
Data Provided by Inside Real Estate®

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