612 Oak St Old Forge, PA 18518
Estimated payment $2,415/month
Highlights
- Wood Flooring
- Shed
- Level Lot
- Living Room
- Ceiling Fan
- Heating Available
About This Home
Excellent Old Forge Investment Opportunity!Fully updated 4-unit apartment building built as a true multifamily. Each unit features modern finishes with hardwood floors and separate utilities for electric and water. The property offers off-street parking for tenants and sits on a convenient bus route--just a short walk to local shops, restaurants, and amenities. Current rents are below market, providing significant upside potential as leases turn over. A solid income-producing property in a desirable, walkable Old Forge location!
Listing Agent
Coldwell Banker Town & Country Properties License #RS208381L Listed on: 09/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,449
Year Built
- Built in 1980
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 59x148
- Level Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Fire and Smoke Detector
- Laundry in unit
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Pad
- Paved Parking
Outdoor Features
- Shed
Utilities
- Heating Available
- 200+ Amp Service
- Cable TV Available
Listing and Financial Details
- The owner pays for insurance, taxes
- Assessor Parcel Number 17512010038
- $17,000 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Electric Meters
- 4 Separate Water Meters
- Oral Lease Type
- Insurance Expense $2,200
- Water Sewer Expense $1,280
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,409 | $17,000 | $2,000 | $15,000 |
| 2024 | $3,932 | $17,000 | $2,000 | $15,000 |
| 2023 | $3,932 | $17,000 | $2,000 | $15,000 |
| 2022 | $3,800 | $17,000 | $2,000 | $15,000 |
| 2021 | $3,696 | $17,000 | $2,000 | $15,000 |
| 2020 | $3,654 | $17,000 | $2,000 | $15,000 |
| 2019 | $3,501 | $17,000 | $0 | $17,000 |
| 2018 | $3,467 | $17,000 | $0 | $17,000 |
| 2017 | $3,467 | $17,000 | $0 | $17,000 |
| 2016 | $2,146 | $17,000 | $0 | $0 |
| 2015 | -- | $17,000 | $0 | $0 |
| 2014 | -- | $17,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Pending | -- | -- | -- |
| 09/30/2025 09/30/25 | For Sale | $390,000 | -- | $98 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,000 | -- |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC255285
APN: 17512010038
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