9 Connell Street

Old Forge, PA 18518

$199,000
Price
5
Beds
2
Baths
2,100 Sq. Ft.
$95 / Sq. Ft.
2,100
Sq. Ft.
$95
per Sq. Ft.

Description

This 2-unit investment property in the serene neighborhood of Old Forge presents a prime income opportunity. With one unit remodeled for modern comfort and higher rental potential, and both units currently fully occupied, you'll enjoy a reliable income stream. The added bonus of a detached garage, generating extra rental income, enhances the property's financial appeal. Old Forge's peaceful ambiance makes this investment especially attractive. Whether you're a seasoned investor or just beginning...This 2-unit investment property in the serene neighborhood of Old Forge presents a prime income opportunity. With one unit remodeled for modern comfort and higher rental potential, and both units currently fully occupied, you'll enjoy a reliable income stream. The added bonus of a detached garage, generating extra rental income, enhances the property's financial appeal. Old Forge's peaceful ambiance makes this investment especially attractive. Whether you're a seasoned investor or just beginning your real estate journey, this property offers substantial returns. Opportunities like this don't linger, so act swiftly to secure your stake in this promising Old Forge investment. Contact us today for details and viewings. All information & measurements are provided for informational purposes and are considered reliable; however, they are not warranted or guaranteed and should be independently verified by interested parties.
  1. Listed by Christopher Churilla • C21 Jack Ruddy Real Estate

Property Details for 9 Connell Street

Architectural Style
Duplex Side by Side

Location

Listing Courtesy of C21 Jack Ruddy Real Estate
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LISTING UPDATED: 11/17/2023 04:31 PM

Property Details for 9 Connell Street

StatusActive
MLS #23-4581
Days on Market204
Taxes$1,328 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1930
Lot Size0.34 AC / 14,810 SF
CountyLackawanna County

Location

Listing Courtesy of C21 Jack Ruddy Real Estate
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Building Information for 9 Connell Street

Stories2Residences2Year Built1930Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$1,197 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,086

Property Taxes

$111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9 Connell Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Region: Old Forge
  • Municipality: Old Forge Borough
  • Directions: South Main St, Turn right on Drakes Ln, Left on Connell St. Go 0.3 miles, destination on right.
  • MLS Area Major: Old Forge Borough
  • City: Old Forge
  • State/Province: PA
  • Postal Code: 18518
  • County: Lackawanna
  • Latitude: 41.361025
  • Longitude: -75.752827
  • MLS Area Minor: Old Forge Borough
  • Road:Public: Municipal
Taxes and HOA Information
  • Tax Book Number: 202128473
  • Association Fee: $.00
  • Tax Assessed Value: 5742
  • Tax Year: 2023
  • Parcel Number: 18401010010
  • Tax Annual Amount: $1,328.08
Parking
  • Garage Spaces: 2.00
  • Attached Garage: No
  • Driveway:None: Yes
  • Parking Features: On Street
School Information
  • School District: Old Forge
Property
Lot Information
  • Lot Size Acres: .34
  • Lot Size Dimensions: 100X150
  • Building Area Total: 2100.0
  • Lot Features: Level
  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14810.4
  • Number of Buildings: 1
  • Below Grade Finished Area: 0.0
  • Property Information:SqFt Below Grade Unf: 800.0
  • Property Information:Road Frontage: 100.00
  • Lot Description:Flat: Yes
  • Road:Paved: Yes
Property and Assessments
  • Property Information:Basement: Full
  • Property Type: D
  • Year Built: 1930
  • Property Type Label: Multi-Family
  • Documents Available: Seller's Disclosure, Lead Paint Disclosure
  • Construction Materials: Aluminum
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Tracts(Seprt Deeds): No
Utilities
  • Sewer: $640.00
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Stories: 2
  • Cooling: None
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling: No
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Property Information:Stories: 2.00
  • Features:Smoke Detector: Yes
  • Features:Wash/Dry Hook Up: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses Information
  • Operating Expense: $.00
  • Electric Expense: $.00
  • Water Sewer Expense: $.00
  • Gross Income: $26,400.00
  • Net Operating Income: $22,732.00
  • Insurance Expense: $1,700.00
  • Trash Expense: $.00
  • Fuel Expense: $.00
Unit 1
  • Unit 1:# Baths: 1.00
  • Unit 1:# Bedrooms: 2
  • Unit 1:Dining Room: Yes
  • Unit 1:Kitchen: Yes
  • Unit 1:Living Room: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Rent/Month $: 1000
  • Unit 1:SqFt: 1050
  • Unit 1:Unit ID: 8 (left)
Unit 2
  • Unit 2:# Baths: 1.00
  • Unit 2:# Bedrooms: 3
  • Unit 2:Dining Room: Yes
  • Unit 2:Kitchen: Yes
  • Unit 2:Living Room: Yes
  • Unit 2:Rent/Month $: 950
  • Unit 2:SqFt: 1050
  • Unit 2:Unit ID: 9 (right)

Property History for 9 Connell Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 9 Connell Street

This home is within Old Forge School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Private - PK to 8
Rating
School
Distance
Old Forge El School
PublicK to 6

Old Forge Junior-Senior High School
Public7 to 12

Holy Rosary Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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9 Connell Street is a multi-family home for sale in Old Forge, PA 18518. This property was listed for sale on October 20, 2023 by C21 Jack Ruddy Real Estate, it's currently listed at $199,000. This listing's school district is Old Forge School District. Nearby schools include Old Forge El School, Old Forge Junior-Senior High School and Holy Rosary Elementary School. 9 Connell Street is a 5-bed, 2-bath, 2,100 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C21 Jack Ruddy Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.