88-90 Depot Street, Forest City, PA 18421

$175,000
Property Type: Residential Income Bedrooms: 5 Baths: 2 Square Footage: 2,240 Status: Active
Current Price: $175,000 List Date: 3/24/2026 Last Modified: 4/22/2026

Overview

Description

TURNKEY DUPLEX | IMMEDIATE CASH FLOW | FULLY OCCUPIED | HOUSE HACK OR INVEST WITH CONFIDENCE Welcome to 88-90 Depot Street in Forest City, Pennsylvania--an income-producing multi-family property positioned for both seasoned investors and first-time buyers looking to offset their mortgage through rental income. Fully occupied and professionally maintained, this duplex delivers immediate returns with minimal operational complexity. Reliable Income with Built-In Flexibility Both units are currently leased on month-to-month agreements, offering consistent cash flow today with the option to adjust rents or pursue owner-occupancy in the future. Tenants pay electric and heat, while water and sewer remain landlord-covered--keeping expenses predictable and streamlined.Well-Configured, High-Demand Units.The property features two spacious units, each approximately 1,100 square feet. Unit 90 offers three bedrooms and one bathroom, while Unit 88 includes two bedrooms and one bathroom. Interiors have been updated and maintained in solid condition, supporting strong tenant retention and ongoing rental demand. Designed for Performance and Low Overhead Off-street parking enhances tenant appeal, while the overall condition of the property reflects consistent upkeep and reduced capital expenditure expectations. Functional layouts and practical design make this an attractive option for long-term renters. Strategic Location with Steady Demand Located in the center of Forest City, the property benefits from a reliable rental market driven by affordability and convenience. Close proximity to shops, dining, schools, and parks supports consistent occupancy and long-term stability--key factors for any successful investment.A Smart Entry Point or Portfolio Addition.This duplex offers a compelling combination of cash flow, flexibility, and future upside. Live in one unit and rent the other or continue operating as a fully leased asset.Immediate income. Proven stability. Long-term potential.

Listing Details MLS# PW-260621

General Property Information

Number Of Units Total
2
Bedrooms Total
5
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
2240
Living Area
2240
Year Built
1930
Year Built Source
Public Records
New Construction YN
No
Lot Size Acres
0.1
Lot Size Dimensions
50x90
Lot Dimensions Source
Public Records
Association YN
No
View YN
No
Waterfront YN
No
Water Body Name
None
Stories
2
List Price/SqFt
78.13
Bathrooms Half
0
Below Grade Finished Area
0
Garage Spaces
0

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

Contract Information

Listing Contract Date
2026-03-13
Property Sub Type
Duplex
Listing Service
Full Service

Location Tax and Legal

Street Number
88-90
Street Name
Depot
Street Suffix
Street
County
Susquehanna
State
PA
Postal Code
18421
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
TURNKEY DUPLEX | IMMEDIATE CASH FLOW | FULLY OCCUPIED | HOUSE HACK OR INVEST WITH CONFIDENCE Welcome to 88-90 Depot Street in Forest City, Pennsylvania--an income-producing multi-family property positioned for both seasoned investors and first-time buyers looking to offset their mortgage through rental income. Fully occupied and professionally maintained, this duplex delivers immediate returns with minimal operational complexity. Reliable Income with Built-In Flexibility Both units are currently leased on month-to-month agreements, offering consistent cash flow today with the option to adjust rents or pursue owner-occupancy in the future. Tenants pay electric and heat, while water and sewer remain landlord-covered--keeping expenses predictable and streamlined.Well-Configured, High-Demand Units.The property features two spacious units, each approximately 1,100 square feet. Unit 90 offers three bedrooms and one bathroom, while Unit 88 includes two bedrooms and one bathroom. Interiors have been updated and maintained in solid condition, supporting strong tenant retention and ongoing rental demand. Designed for Performance and Low Overhead Off-street parking enhances tenant appeal, while the overall condition of the property reflects consistent upkeep and reduced capital expenditure expectations. Functional layouts and practical design make this an attractive option for long-term renters. Strategic Location with Steady Demand Located in the center of Forest City, the property benefits from a reliable rental market driven by affordability and convenience. Close proximity to shops, dining, schools, and parks supports consistent occupancy and long-term stability--key factors for any successful investment.A Smart Entry Point or Portfolio Addition.This duplex offers a compelling combination of cash flow, flexibility, and future upside. Live in one unit and rent the other or continue operating as a fully leased asset.Immediate income. Proven stability. Long-term potential.

Status Change Information

Major Change Timestamp
2026-04-21T22:47:02Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-21T22:47:02Z

More Information

Income and Expenses

Total Actual Rent
2000

Unit 1

Unit #
88
Actual Rent
800
SqFt Total
1100
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 2

Unit #
90
Actual Rent
1200
SqFt Total
1100
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Meter Information

Number Of Separate Electric Meters
2

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

Architectural Style

Duplex Side by Side
Yes

Current Use

Multi-Family
Yes

Flooring

Carpet
Yes
Laminate
Yes

Heating

Baseboard
Yes
Electric
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Roof

Asphalt
Yes

Sewer

Public Sewer
Yes

Structure Type

Duplex
Yes

Tenant Pays

Electricity
Yes
Listing Office: Keller Williams RE Hawley
Last Updated: April - 22 - 2026
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