701 Sibley Ave
Old Forge, PA 18518

Est. Mortgage: $2,622/mo
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Multi-Family Home

A very rare investment opportunity in Old Forge.. 9 unit, fully rented property on a corner 1/2 acre lot. Units are very well maintained. The property has ample off-street parking and a 1 car garage (currently rented, but not listed on income).

Property Details
  • Old Forge
    school district
  • Complex
  • $9,176.10
  • 1940
  • 2
  • 18-1251
Electric heat
Baseboard heat
Hot water heat
Natural gas heat
Slab basement
School district: Old Forge
Detached parking
Off street parking
Parking spaces: 16.00
Garage spaces: 1.00
Asbestos exterior
Stucco exterior
Lot acreage is: 0.50
Lot dimension is: 140X150
Corner lot
Lot zoned: Residential
Road frontage: 140.00
Composition roof
Public sewer
Public water
Units in building(s): 9
Square footage unit #1: 706
Square footage unit #2: 706
Square footage unit #3: 1120
Square footage unit #4: 928
Square footage unit #5: 730
Square footage unit #6: 730
Square footage unit #7: 1088
Square footage unit #8: 1088
Property style: Complex
Tax year: 2018
Bedrooms in unit #1: 2
Bedrooms in unit #2: 2
Bedrooms in unit #3: 2
Bedrooms in unit #4: 2
Bedrooms in unit #5: 2
Bedrooms in unit #6: 2
Bedrooms in unit #7: 2
Bedrooms in unit #8: 2
Baths in unit #1: 1.00
Baths in unit #2: 1.00
Baths in unit #3: 1.00
Baths in unit #4: 1.00
Baths in unit #5: 1.00
Baths in unit #6: 1.00
Baths in unit #7: 1.00
Baths in unit #8: 1.00
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Name Type GreatSchools
Old Forge El School Elementary School / Public 5 0.92 mi.
Old Forge Junior-Senior High School Middle School, High School / Public 5 0.88 mi.
Triboro Christian Academy * Pre-School, Elementary School, Middle School, High School / Private N/A 0.69 mi.
Riverside El School West * Elementary School / Public 4 0.52 mi.
Riverside Junior-Senior High School * Middle School, High School / Public 3 0.49 mi.
Bethel Christian Academy * High School / Private N/A 0.41 mi.
Address Distance Sale date Sale price
2416 Milwaukee Road 4.52 mi. 8/29/2016 $445,000
{"markerType": "ForSale", "lat": "41.38028", "lng": "-75.72936", "Address": "701 Sibley Ave", "City": "Old Forge", "StateProv": "PA", "ZipCode": "18518"}
{"markerType": "Sold", "lat": "41.43903", "lng": "-75.7676", "Address": "2416 Milwaukee Road", "City": "CLARKS SUMMIT", "StateProv": "PA", "ZipCode": "18411"}
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The approximate monthly principal & interest payment for this property would be $2,621.59.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $27,000. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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701 Sibley Avenue, Old Forge, PA 18518 multi-family home offered for sale at $540,000.
This information is provided exclusively 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.

© 2018 Greater Scranton Board of REALTORS®.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.