306 308 Cleveland Street Olyphant, PA 18447

Incredible Turn-Key Duplex in the Heart of Olyphant - Ideal for Investors or Owner-Occupants!Vacant, renovated, and rent-ready, this duplex is in one of the most rapidly appreciating areas of the Lackawanna Valley. Each unit features separate entrances, utilities, and private layouts--perfect for long-term rentals or house hacking.Unit 306 offers 3 bedrooms, 1.5 baths, a spacious layout, and a strong market rent of 1,400/month.Unit 308 includes 2 bedrooms, 1 bath, and market rent potential of 1,200/month.Additionally, a 2-car garage on the property can generate extra income (~100/month).All utilities are fully separated--including heat, electric, and water--making landlord overhead extremely low. The only owner-paid expenses are ultra-low taxes and insurance.With a Projected Gross Annual Revenue of 33,600 and sitting at a 12-Cap, this property is a rare find. This home sits in a walkable, desirable neighborhood just blocks from Olyphant's charming downtown--cafes, restaurants, shopping, and parks all within reach. Even more compelling is the area's massive growth trajectory, fueled by new industrial parks and expanding job opportunities throughout the Valley. With housing demand expected to rise sharply, this is a smart play for both short-term cash flow and long-term equity.Optional property management available through Revolve Real Estate for investors seeking hands-free income.Whether you're expanding your portfolio or making your first investment, don't miss this rare opportunity to own a low-maintenance, high-yield property in a high-growth market. Private showings can be scheduled starting Friday 5/9 and there will be a public open house Saturday 5/10 from 10AM-11AM.