207 209 Lackawanna Avenue, Olyphant, PA 18447
8
3
4|Townhouse
THB ฿9,957,560
USD $295,000
Published on: 13 Jan 2024
Last updated on: 13 Jun 2024
Property ID: 110089270387
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Multi Family, Converted - Olyphant, PA
207 209 Lackawanna Avenue, Olyphant, PA 18447
Welcome to this fantastic investment opportunity located in the heart of downtown Olyphant! This mixed-use building offers a strategic combination of commercial and residential spaces, making it an ideal prospect for savvy investors.Consisting of 2 storefronts (office and retail) and 2 apartments at the rear, this property is versatile and caters to various business and residential needs. All four units are currently rented, providing immediate income for the new owner. This property generates a robust gross income of $28,200, this property promises a steady and attractive return on investment. The property boasts a recently installed roof, ensuring longevity and minimizing maintenance costs. The basement has also been painted and paneled. Additional features include off-street parking for tenants and well as a detached 20 x 20 garage which can be utilized or rented out for storage, adding an extra dimension to the property's income potential.Recent sales in the vicinity, including a building just one block away selling for over $1 million, underscore the burgeoning value and potential of this downtown locale. Downtown Olyphant is experiencing a renaissance, with new businesses and high-end residential apartments emerging. This trend contributes to the overall desirability and potential appreciation of the property. Don't miss out on this prime investment opportunity in the flourishing downtown Olyphant area. Whether you're an investor looking for a reliable income stream or someone seeking a strategic commercial-residential mix, this property has it all. Contact us for more information or to schedule a viewing today!All information and measurements are approximate, not warranted or guaranteed.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Townhouse
Listing Status
Active
Parking Spaces
4
Land Size
404.69 m2
Building Size
65.40 m2
Year Built
1926
Rooms
8 bedroom(s), 3 bathroom(s), 1 basement(s)
Architecture Style
Other
Building Unit Count
4
Num Floors
2
County
Lackawanna
Parcel ID
11410040006
Provider
Classic Properties
Brokerage Office Name
Classic Properties
Brokerage Office Phone
(570) 587-7000
Address
207 209 Lackawanna Avenue, Olyphant, PA 18447
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Not available | Mid Valley |
| High | Not available | Mid Valley |
| Juniorhigh | Not available | Mid Valley |
| Middle | Not available | Mid Valley |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $2920.81 | THB ฿98,590* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Contact Agent
Maurya Moran Wetzel
Contact Agent
Contact Agent
Email enquiry to CLASSIC PROPERTIES
Maurya Moran Wetzel
324 S. State St., Clarks Summit, PA 18411
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Property ID: 110089270387
Data provided by Classic Properties, MLS #: SC620
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Copyright © 2024 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.