Premier Mixed-Use Investment Opportunity in the Heart of Old Forge!Attention investors, this is the opportunity you've been waiting for! Situated on a highly visible corner lot in one of Old Forge's most desirable locations, this massive 5-unit mixed-use property offers the perfect combination of cash flow, stability, and upside potential.The property features 3 spacious residential units and 2 commercial hair salon spaces, creating multiple streams of income in a prime, walkable location. Just steps from Old Forge's renowned restaurants, local businesses, and Old Forge High School, this asset benefits from strong tenant demand and exceptional community appeal.Meticulously maintained by the current owners, the building boasts completely separate utilities, simplifying management and maximizing profitability. As an added bonus, the current owners are willing to lease back the garage from the new owner, providing an immediate income opportunity and added flexibility.Whether you're a first-time investor looking for a strong entry into commercial real estate or an experienced investor seeking a valuable addition to your portfolio, this property delivers. With solid existing income, room for future rent growth, and multiple value-add opportunities, the upside here is undeniable. Strong cash flow. Prime location. Separate utilities. Corner lot visibility. Endless potential. Opportunities like this rarely hit the market in Old Forge. Don't miss your chance to secure a standout investment property at an attractive price.Please note: No private showings will be held prior to the Open House on Saturday, June 13th from 12:00 PM - 2:00 PM.For additional information or questions, please call today!
43 days
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168
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Zillow last checked:
Listing updated:
Listed by:
Noah John Donahue,
Nisk Real Estate844-855-6475
Source: GSBR as distributed by MLS GRID,MLS#: SC262738
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Full bathrooms: 3
1/2 bathrooms: 2
Heating
Baseboard, Varies by Unit, Steam, See Remarks, Hot Water, Forced Air
Features: Back Yard, Front Yard, Corner Lot, City Lot
Details
Parcel number: 17512010047
Zoning: C1
Zoning description: Commercial
Construction
Type & style
Home type: MultiFamily
Architectural style: Multiple Buildings
Property subtype: Multi Family, Mixed Use
Materials
Block, Stucco
Foundation: Block, Stone, Combination
Roof: Flat,Shingle,See Remarks,Rubber
Condition
Fixer,Updated/Remodeled
New construction: No
Year built: 1965
Utilities & green energy
Electric: 200+ Amp Service, Circuit Breakers
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Sidewalks, Street Lights
Location
Region: Old Forge
Financial & listing details
Price per square foot: $49/sqft
Tax assessed value: $15,000
Annual tax amount: $4,138
Date on market: 6/10/2026
Cumulative days on market: 40 days
Tenant pays: All Utilities
Road surface type: Paved
Estimated market value
Zestimate®
$391,100
Estimated sales range
$372,000 - $411,000
Rent Zestimate®
$1,685/mo
Price history
Date
Event
Price
6/29/2026
Pending sale
$399,000$49/sqft
Source: GSBR as distributed by MLS GRID #SC262738Report a problem
6/10/2026
Listed for sale
$399,000$49/sqft
Source: GSBR as distributed by MLS GRID #SC262738Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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