Fully rented wonderful opportunity in Old Forge!5 unit apartment building with separate electric and gas. Conveniently located to major roads, highways, stores and low taxes.
Great investment opportunity to add to your portfolio or start your first investment. 7 units over multiple buildings with a mix of various size units from 1 bedrooms to 2 bedrooms. Off-street parking for tenants on a large corner street lot. Ideal for savvy investors, this property promises steady cash flow and strong rental income potential. Room for potential rental increases and growth.
The median home value in Old Forge, PA is $243,000. This is higher than the county median home value of $126,500. The national median home value is $219,700. The average price of homes sold in Old Forge, PA is $243,000. Approximately 55.37% of Old Forge homes are owned, compared to 31.32% rented, while 13.31% are vacant. Old Forge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Old Forge real estate agent to arrange a tour today!
Old Forge, Pennsylvania has a population of 8,090. Old Forge is less family-centric than the surrounding county with 23.53% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Old Forge, Pennsylvania is $49,183. The median household income for the surrounding county is $48,380 compared to the national median of $57,652. The median age of people living in Old Forge is 48.4 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 45.5 inches per year, with 46.2 inches of snow per year.