Olyphant, PA Homes For Sale | Berkshire Hathaway HomeServices Preferred Properties | Berkshire Hathaway HomeServices Preferred Properties

Olyphant PA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Olyphant, PA is $189,520. This is higher than the county median home value of $145,000. The national median home value is $308,980. The average price of homes sold in Olyphant, PA is $189,520. Approximately 58% of Olyphant homes are owned, compared to 33% rented, while 9% are vacant. Olyphant real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Olyphant real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
1,793
Status:
Active
MLS#:
SC621
Type:
Mixed Use
Lot size:
0.1 Acres
Year built:
1926
Courtesy: CLASSIC PROPERTIES
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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 (office 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 $28,200, 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, including a building just one block away selling for over $1 million, 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.

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater Scranton Board of Realtors. IDX 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.

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