1200 S Main Street, Old Forge, PA 18518

Property Description

OPEN HOUSE OCTOBER 4 12:30-2:00!! Turnkey 3-unit investment opportunity in a highly convenient location! This well-maintained 3-unit income-producing property is located at 1200 S Main St in Old Forge, just minutes from a variety of popular restaurants, local businesses, public transportation, and everyday amenities. The property features updated apartments and numerous recent improvements, making this an attractive opportunity for an investor seeking a property with solid income and significant capital improvements already completed. Property Highlights: 3 income-producing units, Approximately $37,000 annual Net Operating Income (NOI), 10 CAP, New roof installed in 2021, Updated apartments, Newer water heaters (2021, 2024, 2026), New furnace. Convenient location near restaurants, businesses, and bus transportation. Excellent opportunity to add to an investment portfolio major building components and mechanical systems recently updated, this property offers investors the opportunity to acquire an income-producing multifamily property without the immediate capital expenses associated with many older buildings.Great location + established rental income + recent improvements make this a compelling multifamily investment opportunity. Contact Eric today for financial information, additional property details, or to schedule a private showing.