Current Price:$449,900List Date:10/22/2013Last Modified:7/25/2026
Overview
Description
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.
Listing Details MLS# 13-4446
Location, Tax & Legal
House # (1)
603
Street Name
MAPLE
Street Suffix
Street
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
Listing Information
Limited Service
No
Property Information
Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Style
Multiple Buildings
Aprx Total SF
4500
Year Built
1970
Est Age Range
41 - 50 Yrs
Garage Type
None
Parking
Off-Street
Remarks Directions
Directions
NORTH MAIN ST OLD FORGE. LEFT ON OAK. RIGHT ON CHURCH. LEFT ON MAPLE. PROPERTY ON RIGHT
Status Change Information
Under Contract Date
2014-02-25
Sold Date
2014-04-30
Expenses
Annual Gross Income
67000
Annual Electric Exp
890
Annual Water Exp
5000
Annual Sewer Exp
1870
Annual Real Est Tax
14249
Annual Fire/Liabilty
2600
Annual Lawn Maint.
665
Annual Snow Removal
500
Annual Other Misc
650
Total Annl Expenses
25447.01
Anl Net Inc b/4 Debt
41551.99
More Information
Appliances
# Ranges
11
# Refrigerators
10
Unit 1 Info
Unit #
Yes
Approx SF
800
# Rooms
5
Monthly Rent
525
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 2 Info
Unit #
2
Approx SF
800
# Rooms
5
Monthly Rent
500
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 3 Info
Unit #
3
Approx SF
800
# Rooms
6
Monthly Rent
500
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 4 Info
Unit #
4
Approx SF
800
# Rooms
6
Monthly Rent
500
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 5 Info
Unit #
5
Approx SF
800
# Rooms
6
Monthly Rent
485
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Water in Rent
Y
Unit 6 Info
Unit #
435
Approx SF
800
# Rooms
6
Monthly Rent
435
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 7 Info
Unit #
7
Approx SF
950
# Rooms
7
Monthly Rent
675
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 8 Info
Unit #
8
Approx SF
800
# Rooms
6
Monthly Rent
525
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 9 Info
Unit #
9
Approx SF
800
# Rooms
6
Monthly Rent
525
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Unit 10 Info
Unit #
10
Approx SF
800
# Rooms
6
Monthly Rent
525
# Bedrooms
2
Kitchen Style
Semi-Modern
# Baths
Yes
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
Y
Sewer in Rent
Y
Property Features
Heat Fuel Type:ElectricHeat Type:Electric BaseboardAC Type:Wall UnitsCondition:Very GoodExterior:AluminumRoof:RubberInterior Finish:DrywallWater:PublicSewer:PublicHot Water Heater:ElectricBasement:Concrete Floor; Full Unfinished
Listing Office:
McDermott & McDermott Real Estate, Inc.