207 209 Lackawanna Ave, Olyphant, PA 18447

Local realty services provided by:ERA One Source Realty
207 209 Lackawanna Ave,Olyphant, PA 18447
$425,000
  • 4 Beds
  • 4 Baths
  • 704 sq. ft.
  • Multi-family
  • Active
Listed by:maurya moran wetzel
Office:levy realty group
MLS#:SC251807
Source:PA_GSBR

Price summary

  • Price:$425,000
  • Price per sq. ft.:$603.69

About this home

Prime Investment Opportunity in Thriving Downtown Olyphant - Mixed-Use Building!Take advantage of this excellent investment opportunity in the heart of downtown Olyphant! This well-maintained mixed-use property features two commercial storefronts (currently occupied by a salon and a retail shop) along with two residential apartments in the rear--all fully rented and generating immediate cash flow.With a solid gross annual income of $30,000, this property offers a strong and steady return for investors. Recent improvements include a new roof and updated basement with fresh paint and paneling, reducing future maintenance needs.Additional amenities include off-street tenant parking and a detached 20' x 20' garage--perfect for storage or an additional rental opportunity to boost revenue potential.Downtown Olyphant is on the rise, with ongoing development, new businesses, and upscale residential options reshaping the area. This is your chance to invest in a rapidly appreciating location

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Home facts

  • Year built:1926
  • Listing Id #:SC251807
  • Added:114 day(s) ago
  • Updated:July 31, 2025 at 02:50 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:704 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1926
  • Building area:704 sq. ft.

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$603.69
  • Tax amount:$2,921 (2025)