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207 209 Lackawanna Ave, 
Olyphant, PA 18447

$425,000


4

Beds


4

Baths


704

Sq Ft


Multi-Family

Active

Listed by

Maurya Moran Wetzel

Levy Realty Group

570-636-7160

Last updated:

July 31, 2025, 02:50 PM

MLS#

SC251807

Source:

PA GSBR

About This Home

207 209 Lackawanna Ave

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.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1926

Price Summary

425,000

$603 per Sq. Ft.

MLS #:

SC251807

Last Updated:

July 31, 2025, 02:50 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

704 Sq. Ft.


Structure

Structure

Building Area:

704 Sq. Ft.

Year Built:

1926


Finances & Disclosures

Finances

Price:

$425,000

Price per Sq. Ft:

$603 per Sq. Ft.

Source:PA GSBR
The information being provided by Greater Scranton Board of Realtors 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. © 2025 Greater Scranton Board of Realtors All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.