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Adriana Jez

adriana.jez@exprealty.com +1(347) 255-0907

Listed by Noah John Donahue Nisk Real Estate

$ 399,000

Est. payment -/mo

Save

Pending

400 Oak St ST #408 Old Forge, PA 18518

8 Beds

5 Baths

8,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,200 sqft

Price per Sqft $48

MLS Listing ID GSBSC262738

Style Multiple Buildings

Bedrooms 8

Full Baths 3

Half Baths 2

Total Fin. Sqft 8200

Year Built 1965

Annual Tax Amount $4,138

Tax Year 2026

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 110X98

Property Sub-Type Multi Family

Source scranton

Property Description

Premier Mixed-Use Investment Opportunity in the Heart of Old Forge!Attention investors, this is the opportunity you've been waiting for! Situated on a highly visible corner lot in one of Old Forge's most desirable locations, this massive 5-unit mixed-use property offers the perfect combination of cash flow, stability, and upside potential.The property features 3 spacious residential units and 2 commercial hair salon spaces, creating multiple streams of income in a prime, walkable location. Just steps from Old Forge's renowned restaurants, local businesses, and Old Forge High School, this asset benefits from strong tenant demand and exceptional community appeal.Meticulously maintained by the current owners, the building boasts completely separate utilities, simplifying management and maximizing profitability. As an added bonus, the current owners are willing to lease back the garage from the new owner, providing an immediate income opportunity and added flexibility.Whether you're a first-time investor looking for a strong entry into commercial real estate or an experienced investor seeking a valuable addition to your portfolio, this property delivers. With solid existing income, room for future rent growth, and multiple value-add opportunities, the upside here is undeniable. Strong cash flow. Prime location. Separate utilities. Corner lot visibility. Endless potential. Opportunities like this rarely hit the market in Old Forge. Don't miss your chance to secure a standout investment property at an attractive price.Please note: No private showings will be held prior to the Open House on Saturday, June 13th from 12:00 PM - 2:00 PM.For additional information or questions, please call today!

Location

State PA

County Lackawanna

Area 8200

Zoning C1

Direction TURN RIGHT OFF MAIN STREET, ONTO OAK ST, PROPERTY LOCATED ON LEFT HAND SIDE.

Rooms

Basement Exterior Entry, Walk-Out Access, Unfinished, Full, Interior Entry

Interior

Interior Features Ceiling Fan(s), Natural Woodwork, Recessed Lighting, Eat-in Kitchen, Double Vanity, Crown Molding

Heating Baseboard, Varies by Unit, Steam, See Remarks, Hot Water, Forced Air

Cooling Ceiling Fan(s), Wall/Window Unit(s), Central Air

Flooring Carpet, Hardwood, Luxury Vinyl, Laminate, Combination

Fireplace No

Heat Source Baseboard, Varies by Unit, Steam, See Remarks, Hot Water, Forced Air

Laundry In Unit

Exterior

Exterior Feature Courtyard, Private Yard, Rain Gutters

Parking Features On Street

Garage Spaces 2.0

View Y/N Yes

Roof Type Flat,Shingle,See Remarks,Rubber

Present Use Mixed Use,Multi-Family

Street Surface Paved

Garage No

Building

Lot Description Back Yard, Front Yard, Corner Lot, City Lot

Story 2

Unit Features [{\"UnitTypeActualRent\":650,\"UnitTypeType\":\"Unit 1\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"1\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1500.00\",\"UnitTypeDescription\":\"MTM- Upstairs unit\",\"UnitTypeKey\":\"GSB20260610163648819192000000Group_1\"},{\"UnitTypeActualRent\":900,\"UnitTypeType\":\"Unit 2\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":2,\"GSB_UnitTypeUnitNumber\":\"2\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1400.00\",\"UnitTypeDescription\":\"MTM-Downstairs unit\",\"UnitTypeKey\":\"GSB20260610163648819192000000Group_2\"},{\"UnitTypeActualRent\":300,\"UnitTypeType\":\"Unit 3\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":0,\"GSB_UnitTypeUnitNumber\":\"3\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"No\",\"GSB_UnitTypeLivingRoomYN\":\"No\",\"GSB_UnitTypeSqFtTotal\":\"750.00\",\"UnitTypeDescription\":\"MTM-right side salon\",\"UnitTypeKey\":\"GSB20260610163648819192000000Group_3\"},{\"UnitTypeActualRent\":600,\"UnitTypeType\":\"Unit 4\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":0,\"GSB_UnitTypeUnitNumber\":\"4\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"No\",\"GSB_UnitTypeKitchenYN\":\"No\",\"GSB_UnitTypeLivingRoomYN\":\"No\",\"GSB_UnitTypeSqFtTotal\":\"750.00\",\"UnitTypeDescription\":\"MTM-Left side salon\",\"UnitTypeKey\":\"GSB20260610163648819192000000Group_4\"},{\"UnitTypeActualRent\":850,\"UnitTypeType\":\"Unit 5\",\"UnitTypeBathsTotal\":1,\"UnitTypeBedsTotal\":3,\"GSB_UnitTypeUnitNumber\":\"5\",\"GSB_UnitTypeOccupiedYN\":\"Yes\",\"GSB_UnitTypeDiningRoomYN\":\"Yes\",\"GSB_UnitTypeKitchenYN\":\"Yes\",\"GSB_UnitTypeLivingRoomYN\":\"Yes\",\"GSB_UnitTypeSqFtTotal\":\"1350.00\",\"UnitTypeDescription\":\"MTM-Single family\",\"UnitTypeKey\":\"GSB20260610163648819192000000Group_5\"}]

Foundation Block, Stone, Combination

Sewer Public Sewer

Water Public

Architectural Style Multiple Buildings

Level or Stories Multi/Split, Two

Structure Type Block,Stucco

New Construction No

Schools

School District Old Forge

Greater Scranton Board of Realtors (SMLS)

Nearby Locations

Adriana Jez

Agent | License ID: RS358942

+1(347) 255-0907

Adriana Jez

400 Oak St ST #408 Old Forge, PA 18518

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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400 Oak St ST #408