400 Oak St Street #408, Old Forge, PA 18518
Local realty services provided by:ERA One Source Realty
400 Oak St Street #408,Old Forge, PA 18518
$399,000
- 8 Beds
- 5 Baths
- 8,200 sq. ft.
- Multi-family
- Pending
Listed by: noah john donahue
Office: nisk real estate
MLS#:SC262738
Source:PA_GSBR
Price summary
- Price:$399,000
- Price per sq. ft.:$48.66
About this home
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!...
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Home facts
- Year built:1965
- Listing ID #:SC262738
- Added:62 day(s) ago
- Updated:August 12, 2026 at 04:48 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Flooring:Carpet, Combination, Hardwood, Laminate, Luxury Vinyl
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access
- Living area:8,200 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Heating:Baseboard, Forced Air, Hot Water, Steam
- Central air:Yes
Structure and exterior
- Roof:Flat, Rubber, Shingle
- Year built:1965
- Building area:8,200 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Back Yard, City Lot, Corner Lot, Front Yard
- Architectural Style:Multiple Buildings
- Construction Materials:Block, Stucco
- Exterior Features:Courtyard, Front Porch, Patio, Private Yard, Rain Gutters, Rear Porch
- Foundation Description:Block, Combination, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$48.66
- Tax amount:$4,138 (2026)
Features and amenities
- Laundry features:In Unit
- Amenities:Ceiling Fan(s), Eat-in Kitchen
Parking
- Parking description:On Street
- Garage:Yes
- Garage spaces:2
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