207-209 E Lackawanna Avenue, Olyphant, PA 18447
Local realty services provided by:ERA Brady Associates
207-209 E Lackawanna Avenue,Olyphant, PA 18447
$425,000
- 2 Beds
- 3 Baths
- 1,800 sq. ft.
- Multi-family
- Active
Listed by: maurya moran wetzel
Office: levy realty group
MLS#:SC265024
Source:PA_GSBR
Price summary
- Price:$425,000
- Price per sq. ft.:$236.11
About this home
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 (salon 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 $35,00, 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 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....
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Home facts
- Year built:1926
- Listing ID #:SC265024
- Added:7 day(s) ago
- Updated:October 15, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Combination
- Kitchen Description:Built-In Electric Range, Freezer, Refrigerator
- Basement:Yes
- Basement Description:Concrete
- Living area:1,800 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Composition, Shingle
- Year built:1926
- Building area:1,800 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Brick, Vinyl Siding
- Exterior Features:Storage
- Foundation Description:Permanent
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$236.11
- Tax amount:$2,661 (2026)
Features and amenities
- Appliances:Freezer, Refrigerator
Parking
- Total parking spaces:6
- Parking description:Accessible Parking, Additional Parking, Detached, Driveway, Garage, Off Street
- Garage:Yes
- Garage spaces:2
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