1213 1215 Lori Lane Old Forge, PA $ 250,000
1213 1215 Lori Lane
$ 250,000
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1213 1215 Lori Lane

Old Forge, PA, 18518
$ 250,000
Bedrooms4 Baths2.0 Sq 1,500

Monthly Estimate*

$ 1,560

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Multi-Family Home for sale in Old Forge, PA

for $250,000 with 4 bedrooms and 2 full baths. This 1,500 square foot home was built in 1950 on a lot size of 0.06.

Turn-key. Fully updated. Cash-flowing from day one.Welcome to this beautifully renovated side-by-side duplex on a quiet residential street in Old Forge. Both units have been thoughtfully rebuilt with modern finishes -- including all new flooring, fully updated kitchens with contemporary cabinetry and countertops, refreshed bathrooms, updated hardware, fixtures, and interior details throughout. The exterior and mechanicals have also been updated, creating a low-maintenance investment with long-term durability.Each unit offers bright living spaces, comfortable layouts, and private entries -- ideal for long-term tenant satisfaction. Both sides are already occupied with reliable annual leases at 1,200/month and 1,250/month, providing consistent income from day one.Investors will love the clean utility setup:All utilities are separately metered and paid by tenants. The landlord is responsible only for a $50/month sewer billThis is the ideal opportunity to purchase a ''like-new'' income property that requires zero immediate improvements, in a desirable and high-demand rental market. Whether adding to your portfolio or jumping into multifamily ownership for the first time, 1213-1215 Lori Lane is a smart, stable, and future-focused investment.

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Multi-Family Active

Price

$ 250,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,700

Style

Ranch

Lot Size

0.06

Year Built

1950

Town/City

Old Forge

County/Region

Lackawanna

MLS | Web ID

SC256128

Features
General
Living Area 1500
Appliances Dryer Washer Refrigerator Electric Range
Zoning R1
Garage Spaces 0
Architectural Style Ranch
Year Built 1950
Stories Count 1
Property Subtype Multi Family
Tax Year 2025
Gross Income 29400
County Lackawanna
Net Operating Income 24000
Insurance Expense 900
New Construction N
Property Type Residential Income
Garage Y/N N
Full Baths 2
Status Active
Directions Heading South on Keyser turn right on Lori Lane house will be on the left
City Old Forge
High School District Old Forge
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 3700.68
Electric Expense 0
Fuel Expense 0
Standard Status Active
Year Built Source Estimated
Tax Assessed Value 16000
Taxes 4000
Cap Rate 10
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Interior
Basement (Y/N) N
Above Grade Finished Area 1500
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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Exterior
Lot Dimensions 60X43X102X100X53
Lot Size Acres 0.06
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* Excluded Features
List By
Revolve Real Estate

Broker

kate@revolvepa.com

Email

Affordability Calculator

$1,868
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2391707 Elementary School
2391714 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$250,000 Listed Price

Map


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1213 1215 Lori Lane, Old Forge, PA, 18518 is a Multi-Family Home for sale at $250,000 with 1,500 sqft and a lot size of 0.06. 1213 1215 Lori Lane has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 18518 which is in Old Forge, PA