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Listed by Shane Bayly Keller Williams RE Hawley
$175,000
Est. payment /mo
5 Beds
2 Baths
Price Dropped by $5K
88-90 Depot ST Forest City, PA 18421
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Municipality Forest City Borough
MLS Listing ID PW-260621
Bedrooms 5
Full Baths 2
HOA Y/N false
Year Built 1930
Property Sub-Type Duplex
Source Pike/Wayne Association of REALTORS®
Property Description
TURNKEY DUPLEX | IMMEDIATE CASH FLOW | FULLY OCCUPIED | HOUSE HACK OR INVEST WITH CONFIDENCE
Welcome to 88-90 Depot Street in Forest City, Pennsylvania--an income-producing multi-family property positioned for both seasoned investors and first-time buyers looking to offset their mortgage through rental income. Fully occupied and professionally maintained, this duplex delivers immediate returns with minimal operational complexity.
Reliable Income with Built-In Flexibility
Both units are currently leased on month-to-month agreements, offering consistent cash flow today with the option to adjust rents or pursue owner-occupancy in the future. Tenants pay electric and heat, while water and sewer remain landlord-covered--keeping expenses predictable and streamlined.Well-Configured, High-Demand Units.The property features two spacious units, each approximately 1,100 square feet. Unit 90 offers three bedrooms and one bathroom, while Unit 88 includes two bedrooms and one bathroom. Interiors have been updated and maintained in solid condition, supporting strong tenant retention and ongoing rental demand.
Designed for Performance and Low Overhead
Off-street parking enhances tenant appeal, while the overall condition of the property reflects consistent upkeep and reduced capital expenditure expectations. Functional layouts and practical design make this an attractive option for long-term renters.
Strategic Location with Steady Demand
Located in the center of Forest City, the property benefits from a reliable rental market driven by affordability and convenience. Close proximity to shops, dining, schools, and parks supports consistent occupancy and long-term stability--key factors for any successful investment.A Smart Entry Point or Portfolio Addition.This duplex offers a compelling combination of cash flow, flexibility, and future upside. Live in one unit and rent the other or continue operating as a fully leased asset.Immediate income. Proven stability. Long-term potential.
Welcome to 88-90 Depot Street in Forest City, Pennsylvania--an income-producing multi-family property positioned for both seasoned investors and first-time buyers looking to offset their mortgage through rental income. Fully occupied and professionally maintained, this duplex delivers immediate returns with minimal operational complexity.
Reliable Income with Built-In Flexibility
Both units are currently leased on month-to-month agreements, offering consistent cash flow today with the option to adjust rents or pursue owner-occupancy in the future. Tenants pay electric and heat, while water and sewer remain landlord-covered--keeping expenses predictable and streamlined.Well-Configured, High-Demand Units.The property features two spacious units, each approximately 1,100 square feet. Unit 90 offers three bedrooms and one bathroom, while Unit 88 includes two bedrooms and one bathroom. Interiors have been updated and maintained in solid condition, supporting strong tenant retention and ongoing rental demand.
Designed for Performance and Low Overhead
Off-street parking enhances tenant appeal, while the overall condition of the property reflects consistent upkeep and reduced capital expenditure expectations. Functional layouts and practical design make this an attractive option for long-term renters.
Strategic Location with Steady Demand
Located in the center of Forest City, the property benefits from a reliable rental market driven by affordability and convenience. Close proximity to shops, dining, schools, and parks supports consistent occupancy and long-term stability--key factors for any successful investment.A Smart Entry Point or Portfolio Addition.This duplex offers a compelling combination of cash flow, flexibility, and future upside. Live in one unit and rent the other or continue operating as a fully leased asset.Immediate income. Proven stability. Long-term potential.
Location
State PA
County Susquehanna
Zoning Residential
Interior
Heating Baseboard, Electric
Flooring Laminate
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
View Y/N No
Roof Type Asphalt
Building
Sewer Public Sewer
Others
Tax ID 268.07-6,011.00,000.
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
Thomas Olsewski
Agent | License ID: PA# RS376466 and NJ# 2561002
+1(570) 526-2800 | tom@discoverpahomes.com