Pikeliving


$180,000
88-90 Depot Street
Forest City, PA 18421
MLS# PW-260621
5 beds  |  2 baths  |  2240 sqft


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Property Description
This well-maintained multi-family property at 88-90 Depot Street in Forest City PA presents an excellent investment opportunity in a charming and vibrant community. Fully occupied with month-to-month leases, the property generates immediate rental income, with tenants responsible for electric and heating costs, while the landlord covers water and sewer utilities. #90 offers 3 spacious bedrooms, #88 2 spacious bedrooms and both have 1 bathroom with approximately 1,100 square feet of living space providing ample room for tenants. The units are recently updated and in excellent condition, ensuring ease of maintenance and strong appeal to potential renters. Off-street parking adds convenience, further enhancing the desirability of the property. Whether you're an experienced investor or just starting out, this property is a hassle-free addition to your portfolio, with consistent rental income and minimal upkeep. Located in the heart of Forest City, this property is situated in a town known for its inviting small-town atmosphere and strong sense of community. Forest City offers all the essentials--local shops, dining, parks, and schools--while providing a peaceful, rural setting. With a rich history and a welcoming spirit, it's no surprise that Forest City continues to be one of the area's most desirable locations. For investors, this fully occupied property offers stable income potential, in a town that has everything to offer. Don't miss out on this turnkey investment opportunity in a thriving, well-connected community. Schedule a showing today to explore the potential of 88-90 Depot Street, Forest City!

Details
Documents
Contract Information
Listing Service: Full Service
Current Price: $180,000
List Price: $180,000
Status: Active
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: 80.36
Bedrooms Total: 5
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 2240
Year Built: 1930
Remarks and Miscellaneous
Public Remarks: This well-maintained multi-family property at 88-90 Depot Street in Forest City PA presents an excellent investment opportunity in a charming and vibrant community. Fully occupied with month-to-month leases, the property generates immediate rental income, with tenants responsible for electric and heating costs, while the landlord covers water and sewer utilities. #90 offers 3 spacious bedrooms, #88 2 spacious bedrooms and both have 1 bathroom with approximately 1,100 square feet of living space providing ample room for tenants. The units are recently updated and in excellent condition, ensuring ease of maintenance and strong appeal to potential renters. Off-street parking adds convenience, further enhancing the desirability of the property. Whether you're an experienced investor or just starting out, this property is a hassle-free addition to your portfolio, with consistent rental income and minimal upkeep. Located in the heart of Forest City, this property is situated in a town known for its inviting small-town atmosphere and strong sense of community. Forest City offers all the essentials--local shops, dining, parks, and schools--while providing a peaceful, rural setting. With a rich history and a welcoming spirit, it's no surprise that Forest City continues to be one of the area's most desirable locations. For investors, this fully occupied property offers stable income potential, in a town that has everything to offer. Don't miss out on this turnkey investment opportunity in a thriving, well-connected community. Schedule a showing today to explore the potential of 88-90 Depot Street, Forest City!
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
Actual Rent: 1200
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: 2026-03-24T14:15:34Z
Major Change Type: New Listing
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: March - 24 - 2026

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