207-209 E Lackawanna Avenue, Olyphant, PA 18447
$425,000
Property Type:
Residential Income
Bedrooms:
2
Baths:
4
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$425,000
List Date:
10/07/2026
Last Modified:
10/07/2026
Listing Details MLS# SC-265024
General Property Information
- Number Of Buildings
- Yes
- Number Of Units Total
- 4
- Bedrooms Total
- 2
- Bathrooms Total
- 4
- Bathrooms Full
- 2
- Bathrooms Half
- Yes
- Above Grade Finished Area
- 1800
- Living Area
- 1800
- Enhanced Accessible
- No
- Year Built
- 1926
- Year Built Source
- Owner
- New Construction YN
- No
- Garage YN
- Yes
- Garage Spaces
- 2
- Open Parking Spaces
- 4
- Parking Total
- 6
- Lot Size Acres
- 0.1
- Lot Size Dimensions
- 30X150
- Lot Dimensions Source
- Public Records
- Land Lease YN
- No
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- Yes
- Furnished
- Unfurnished
- Stories
- 2
- Units Furnished
- None
- Fireplace YN
- No
- Spa YN
- No
- Senior Community YN
- No
- Rent Control YN
- No
- Auction YN
- No
- List Price/SqFt
- 236.11
Property Features
Appliances:
Built-In Electric Range; Freezer; Refrigerator
Architectural Style:
Other
Basement:
Concrete
Community Features:
None
Construction Materials:
Brick; Vinyl Siding
Cooling:
None
Current Financing:
None
Current Use:
Multi-Family
Electric:
Circuit Breakers
Exterior Features:
Storage
Fencing:
None
Financial Data Source:
Owner
Flooring:
Combination
Foundation Details:
Permanent
Heating:
Hot Water; Natural Gas
Income Includes:
Rent Only
Levels:
Two
Listing Terms:
Cash; Conventional
Lot Features:
Other
Operating Expense Includes:
Insurance; Maintenance; New Tax; Water/Sewer
Other Structures:
Garage(s)
Owner Pays:
Insurance; Sewer; Taxes; Water
Parking Features:
Accessible Parking; Additional Parking; Detached; Driveway; Garage; Off Street
Patio And Porch Features:
None
Pool Features:
None
Possession:
Close Of Escrow
Property Condition:
Updated/Remodeled
Road Frontage Type:
City Street
Road Responsibility:
Public Maintained Road
Road Surface Type:
Paved
Roof:
Composition; Shingle
Sewer:
Public Sewer
Showing Requirements:
24 Hour Notice; Appointment Only; No Lockbox; Occupied; Restricted Hours; Showing Service
Spa Features:
None
Structure Type:
Mixed Use; Multi Family
Tenant Pays:
Electricity; Gas; Trash Collection
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Listing Contract Date
- 2026-10-07
- Property Sub Type
- Multi Family
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Listing Service
- Full Service
- Seller Offers Concessions YN
- No
- Owner Name
- Eugene Lucas
Location Tax and Legal
- Street Number
- 207-209
- Street Direction Prefix
- E
- Street Name
- Lackawanna
- Street Suffix
- Avenue
- State
- PA
- Postal Code
- 18447
- County
- Lackawanna
Remarks and Miscellaneous
- Public Remarks
- Welcome to this fantastic investment opportunity located in the heart of downtown Olyphant! This mixed-use building offers a strategic combination of commercial and residential spaces, making it an ideal prospect for savvy investors. Consisting of 2 storefronts (salon and retail) and 2 apartments at the rear, this property is versatile and caters to various business and residential needs. All four units are currently rented, providing immediate income for the new owner. This property generates a robust gross income of $35,00, this property promises a steady and attractive return on investment. The property boasts a recently installed roof, ensuring longevity and minimizing maintenance costs. The basement has also been painted and paneled. Additional features include off-street parking for tenants and well as a detached 20 x 20 garage which can be utilized or rented out for storage, adding an extra dimension to the property's income potential. Recent sales in the vicinity underscore the burgeoning value and potential of this downtown locale. Downtown Olyphant is experiencing a renaissance, with new businesses and high-end residential apartments emerging. This trend contributes to the overall desirability and potential appreciation of the property. Don't miss out on this prime investment opportunity in the flourishing downtown Olyphant area. Whether you're an investor looking for a reliable income stream or someone seeking a strategic commercial-residential mix, this property has it all. Contact us for more information or to schedule a viewing today! All information and measurements are approximate, not warranted or guaranteed.
Status Change Information
- Major Change Timestamp
- 2026-10-07T15:58:05Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-10-07
More Information
Income and Expenses
- Annual Total Expense
- 5126
- Cap Rate
- 7
- Gross Income
- 35400
- Net Operating Income
- 30274
Unit 1
- Unit #
- 207 Storefront Hair
- Actual Rent
- 600
- Security Deposit $
- 500
- SqFt Total
- 307
- Dining Room YN
- No
- Kitchen YN
- No
- Living Room YN
- No
- Occupied YN
- Yes
- Unit Remarks
- Month to Month Lease
Unit 2
- Unit #
- 209 Storefront Retai
- Actual Rent
- 600
- Security Deposit $
- 500
- SqFt Total
- 395
- Dining Room YN
- No
- Kitchen YN
- No
- Living Room YN
- No
- Occupied YN
- Yes
- Unit Remarks
- Month to Month Lease
Unit 3
- Unit #
- 207 Rear Apt
- Actual Rent
- 900
- Security Deposit $
- 750
- SqFt Total
- 453
- Dining Room YN
- No
- Kitchen YN
- Yes
- Living Room YN
- Yes
- Occupied YN
- Yes
- Unit Remarks
- Month to Month Lease
Unit 4
- Unit #
- 207 Top Apt
- Actual Rent
- 850
- Security Deposit $
- 650
- SqFt Total
- 638
- Dining Room YN
- No
- Kitchen YN
- Yes
- Living Room YN
- Yes
- Occupied YN
- Yes
- Unit Remarks
- Month to Month Lease
Meter Information
- Number Of Separate Electric Meters
- 2
- Number Of Separate Gas Meters
- 2
- Number Of Separate Water Meters
- 2
Road Frontage Type
- Road Frontage Length
- 30
Listing Office:
Levy Realty Group
Last Updated: October - 07 - 2026
Information deemed reliable but not guaranteed.