207 209 Lackawanna Ave Olyphant, PA 18447
Listing Courtesy of: SCRANTON / Levy Realty Group

  207 209 Lackawanna Ave Olyphant, PA 18447

Active (4 Days)
$325,000
4
BED
3
BATH
704
SQFT

Description

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 with built-in income and growth potential.Don't miss out--contact us today to schedule a private tour or to learn more about this exceptional mixed-use property!All information and measurements are approximate, not warranted or guaranteed.

MLS #:
SC251807
Taxes
$2,921(2025)
Lot Size
4,356 SQFT
Type
Multifamily
Year Built
1926
Style
Other
School District
Mid Valley
County
Lackawanna County

Listed By

Maurya Moran Wetzel, Levy Realty Group
Source
SCRANTON
Last checked Apr 26 2025 at 8:21 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Kitchen
  • Built-In Electric Range
  • Refrigerator
  • Freezer
Lot Information
  • Other
Property Features
  • Fireplace: None
  • Foundation: Permanent
Heating and Cooling
  • Hot Water
  • None
Basement Information
  • Concrete
Pool Information
  • None
Flooring
  • Combination
Exterior Features
  • Roof: Composition
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available, Water Connected, Sewer Connected, Electricity Connected, Natural Gas Connected, Cable Connected
  • Sewer: Public Sewer
Parking
  • Accessible Parking
  • Off Street
  • Private
  • On Street
  • Garage
  • Detached
  • Driveway
  • Additional Parking
Stories
  • Two
Living Area
  • 704 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by C21 Jackson Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Greater Scranton Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/26/25 01:21