About This Home
This 6-bedroom, 3-bathroom residential multi family at 1200 S Main Street in Old Forge, PA is listed for $379,900 ($119 per sqft). Built in 1940, the home offers 3,200 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1940
- 0.16 acre lot
- 2 stories
- 5 parking spaces
Property Details
OPEN HOUSE OCTOBER 4 12:30-2:00!! Turnkey 3-unit investment opportunity in a highly convenient location! This well-maintained 3-unit income-producing property is located at 1200 S Main St in Old Forge, just minutes from a variety of popular restaurants, local businesses, public transportation, and everyday amenities.
The property features updated apartments and numerous recent improvements, making this an attractive opportunity for an investor seeking a property with solid income and significant capital improvements already completed. Property Highlights: 3 income-producing units, Approximately $37,000 annual Net Operating Income (NOI), 10 CAP, New roof installed in 2021, Updated apartments, Newer water heaters (2021, 2024, 2026), New furnace.
Convenient location near restaurants, businesses, and bus transportation. Excellent opportunity to add to an investment portfolio major building components and mechanical systems recently updated, this property offers investors the opportunity to acquire an income-producing multifamily property without the immediate capital expenses associated with
many older buildings.Great location + established rental income + recent improvements make this a compelling multifamily investment opportunity. Contact Eric today for financial information, additional property details, or to schedule a private showing.
Monthly Cost Estimate
$2,032/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1200 S Main Street
Old Forge, PA 18518
Property Details
Flooring
Heating
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 1200 S Main Street is listed at $379,900 ($119/sqft). The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.16 acre lot, 2 stories, 5 parking spaces.
This property is listed by Eric Scritchfield and can be reached at 5703514045.