880 W Oak Street, Old Forge, PA 18518 (MLS# 26-5209)

880 W Oak Street, Old Forge, PA 18518

$775,000

Property Type: Residential Income Status: Active

Current Price: $775,000 List Date: 10/07/2026 Last Modified: 10/07/2026

Overview

Description

Two-parcel investment package in Old Forge. 880-884 W Oak is a fully occupied 7-unit, all 2BR apartments, with separate heat and electric. The adjacent parcel holds a 3-unit structure with fire damage, ready for rebuild. Construction bids on file. Buy the income today and add three more doors on a lot you already own. Sold together. Investor-ready cash flow with built-in expansion.

Listing Details MLS# 26-5209

Location, Tax & Legal

House # (1): 880
Street Direction Pfx: W
Street Name: Oak
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: Multi Family
Realtor.COM Type: Multi-Family
Est Age Range: 76 - 100 Yrs
Garage Type: Other - See Remarks
# Spaces off-Street: 10
Parking: Off-Street

Remarks Directions

Directions: From Wilkes-Barre: Get on PA-309 S from Wilkes-Barre Blvd. Take I-81 N to US-11 S/Birney Ave in Moosic. Take exit 180. Take Moosic Rd to S Main St in Old Forge.

Expenses

Annual Gross Income: 88500
Annual Electric Exp: 1200
Annual Water Exp: 5600
Annual Real Est Tax: 6843
Annual Fire/Liabilty: 2407
Total Annl Expenses: 16950
Anl Net Inc b/4 Debt: 71550

More Information

Unit 1 Info

Unit #: Yes
Approx SF: 850
# Rooms: 5
Monthly Rent: 995
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 2 Info

Unit #: 2
Approx SF: 850
# Rooms: 5
Monthly Rent: 995
# Bedrooms: 2
Kitchen Style: Modern
# Baths: Yes
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N

Unit 3 Info

Unit #: 3
Monthly Rent: 1250

Unit 4 Info

Unit #: 4
Monthly Rent: 1195

Unit 5 Info

Unit #: 5
Monthly Rent: 995

Unit 6 Info

Unit #: 6
Monthly Rent: 1195

Unit 7 Info

Unit #: 7
Monthly Rent: 995

Property Features

Showing Instructions: Contact Showing Service - See Remarks Heat Fuel Type: Gas Heat Type: Forced Air AC Type: None Condition: Good Exterior: Vinyl Roof: Other - See Remarks Interior Finish: Drywall Water: Public Sewer: Public Basement: Partially Finished; Unfinished

Listing Office: Steel City Realty

Listing Agent: Jennifer de Jesus

Last Updated: October - 07 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing