Pikeliving


$170,000
88-90 Depot Street
Forest City, PA 18421
MLS# PW-260621
Status: Pending
5 beds  |  2 baths  |  2240 sqft


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Property Description
TURNKEY DUPLEX | VACANT UNIT READY FOR OCCUPANCY | HOUSE HACK OR INVEST | IMMEDIATE INCOME POTENTIAL Welcome to 88-90 Depot Street in Forest City, Pennsylvania, a well-maintained duplex offering a rare combination of immediate rental income and owner-occupancy flexibility. Whether you're an investor seeking a strong addition to your portfolio or a buyer looking to offset your mortgage, this property presents multiple paths to success. Unit 90 is currently vacant, freshly cleaned, and move-in ready. The sellers have intentionally chosen not to re-rent the unit, providing the next owner with complete flexibility to move in, select their own tenant, or establish rental terms that align with their investment strategy. Unit 88 is currently occupied, generating rental income from day one. With one unit already producing revenue and the second available for occupancy or lease-up, buyers can immediately capitalize on the property's earning potential while maintaining full control over future tenancy. The property features approximately 2,200 square feet of living space divided between two well-designed units. Unit 90 offers three bedrooms and one bathroom, while Unit 88 includes two bedrooms and one bathroom. Both units have been maintained and updated to support strong tenant appeal and long-term value. Tenants pay electric and heat, helping keep operating expenses manageable. Off-street parking adds convenience and desirability, while the property's overall condition reflects consistent ownership and care. Situated in the heart of Forest City, residents enjoy easy access to shopping, dining, parks, schools, and major commuter routes. The area's affordability and steady rental demand make this an attractive market for both investors and owner-occupants. Whether you're looking to live in one unit while renting the other, place your own tenant in the vacant unit, or maximize cash flow as a full investment property, 88-90 Depot Street offers flexibility & income potential!

Details
Documents
Contract Information
Listing Service: Full Service
Current Price: $170,000
List Price: $170,000
Status: Pending
Listing Contract Date: 2026-03-13
Property Sub Type: Duplex
Location, Tax, and Legal
Municipality: Forest City Borough
High School District: Forest City Regional School District
County Tax Amount: 750
Municipal Tax Amount: 375
School Tax Amount: 1280.13
Tax Annual Amount: 2405.13
Tax Year: 2025
Tax Assessed Value: 30200
Parcel Number: 268.07-6,011.00,000.
Zoning: Residential
Tax Book Number: 201904460
General Property Information
Number Of Units Total: 2
Bathrooms Half: 0
Above Grade Finished Area: 2240
Below Grade Finished Area: 0
Lot Size Acres: 0.1
Lot Size Dimensions: 50x90
Lot Dimensions Source: Public Records
Association YN: No
Year Built Source: Public Records
New Construction YN: No
Garage Spaces: 0
Waterfront YN: No
Water Body Name: None
View YN: No
Stories: 2
List Price/SqFt: 75.89
Bedrooms Total: 5
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Total: 2240
Year Built: 1930
Remarks and Miscellaneous
Public Remarks: TURNKEY DUPLEX | VACANT UNIT READY FOR OCCUPANCY | HOUSE HACK OR INVEST | IMMEDIATE INCOME POTENTIAL Welcome to 88-90 Depot Street in Forest City, Pennsylvania, a well-maintained duplex offering a rare combination of immediate rental income and owner-occupancy flexibility. Whether you're an investor seeking a strong addition to your portfolio or a buyer looking to offset your mortgage, this property presents multiple paths to success. Unit 90 is currently vacant, freshly cleaned, and move-in ready. The sellers have intentionally chosen not to re-rent the unit, providing the next owner with complete flexibility to move in, select their own tenant, or establish rental terms that align with their investment strategy. Unit 88 is currently occupied, generating rental income from day one. With one unit already producing revenue and the second available for occupancy or lease-up, buyers can immediately capitalize on the property's earning potential while maintaining full control over future tenancy. The property features approximately 2,200 square feet of living space divided between two well-designed units. Unit 90 offers three bedrooms and one bathroom, while Unit 88 includes two bedrooms and one bathroom. Both units have been maintained and updated to support strong tenant appeal and long-term value. Tenants pay electric and heat, helping keep operating expenses manageable. Off-street parking adds convenience and desirability, while the property's overall condition reflects consistent ownership and care. Situated in the heart of Forest City, residents enjoy easy access to shopping, dining, parks, schools, and major commuter routes. The area's affordability and steady rental demand make this an attractive market for both investors and owner-occupants. Whether you're looking to live in one unit while renting the other, place your own tenant in the vacant unit, or maximize cash flow as a full investment property, 88-90 Depot Street offers flexibility & income potential!
Architectural Style
Duplex Side by Side: 1
Current Use
Multi-Family: 1
Flooring
Carpet: 1
Laminate: 1
Heating
Baseboard: 1
Electric: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Road Surface Type
Asphalt: 1
Roof
Asphalt: 1
Sewer
Public Sewer: 1
Structure Type
Duplex: 1
Income and Expenses
Total Actual Rent: 2000
Unit 1
Unit #: 88
Actual Rent: 800
SqFt Total: 1100
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 90 - Vacant
Actual Rent: 0
SqFt Total: 1100
Baths Total: 1
Beds Total: 3
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Tenant Pays
Electricity: 1
Meter Information
Number Of Separate Electric Meters: 2
Location Tax and Legal
Street Number: 88-90
Street Name: Depot
Street Suffix: Street
County: Susquehanna
State: PA
Postal Code: 18421
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-08-16T23:37:17Z
Major Change Type: Status Change
Price Change Timestamp: 2026-06-23T02:04:15Z
Purchase Contract Date: 2026-08-16
Property Features
Architectural Style: Duplex Side by Side
Current Use: Multi-Family
Flooring: Carpet; Laminate
Heating: Baseboard; Electric
Laundry Features: Electric Dryer Hookup; Washer Hookup
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Road Surface Type: Asphalt
Roof: Asphalt
Sewer: Public Sewer
Structure Type: Duplex
Tenant Pays: Electricity

Listing Office: Keller Williams RE Hawley

Last Updated: August - 16 - 2026

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