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400 Oak St Street #408, 
Old Forge, PA 18518

$399,000


8

Beds


5

Baths


8,200

Sq Ft


Multi-Family

Pending

Listed by

Noah John Donahue

Nisk Real Estate

844-855-6475

Last updated:

July 31, 2026, 08:47 AM

MLS#

SC262738

Source:

PA GSBR

About This Home

400 Oak St Street #408

Premier Mixed-Use Investment Opportunity in the Heart of Old Forge!Attention investors, this is the opportunity you've been waiting for! Situated on a highly visible corner lot in one of Old Forge's most desirable locations, this massive 5-unit mixed-use property offers the perfect combination of cash flow, stability, and upside potential.The property features 3 spacious residential units and 2 commercial hair salon spaces, creating multiple streams of income in a prime, walkable location. Just steps from Old Forge's renowned restaurants, local businesses, and Old Forge High School, this asset benefits from strong tenant demand and exceptional community appeal.Meticulously maintained by the current owners, the building boasts completely separate utilities, simplifying management and maximizing profitability. As an added bonus, the current owners are willing to lease back the garage from the new owner, providing an immediate income opportunity and added flexibility.Whether you're a first-time investor looking for a strong entry into commercial real estate or an experienced investor seeking a valuable addition to your portfolio, this property delivers. With solid existing income, room for future rent growth, and multiple value-add opportunities, the upside here is undeniable. Strong cash flow. Prime location. Separate utilities. Corner lot visibility. Endless potential. Opportunities like this rarely hit the market in Old Forge. Don't miss your chance to secure a standout investment property at an attractive price.Please note: No private showings will be held prior to the Open House on Saturday, June 13th from 12:00 PM - 2:00 PM.For additional information or questions, please call today!

Home Facts

Multi-Family

5 Baths

8 Bedrooms

Built in 1965

Price Summary

399,000

$48 per Sq. Ft.

MLS #:

SC262738

Last Updated:

July 31, 2026, 08:47 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

8,200 Sq. Ft.


Structure

Structure

Architectural Style:

Multiple Buildings

Building Area:

8,200 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$48 per Sq. Ft.

Source:PA GSBR
The information being provided by Greater Scranton Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Scranton Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.