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3-Unit Residential Property
For Sale
$224,000

615 Higgins St, Forest City, PA 18421

Multi-unit home with oil heat, municipal water and sewer, and separately metered electric service.

Property Size2,400 SF
Price / SF$93.33
Days on Market60

Property Features for 615 Higgins St

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Utilities to Site Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,304

Building Details

Buildings 1
Listing Agency: RE/MAX WAYNE
Listed By: Stephen Langendoerfer · License #RS271198
Source: Exprealty
Added: Aug 30 Changed: Oct 27 Last Checked: Oct 26 at 4:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX WAYNE

Rey
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Investment Insights

Based on property information with market context.

This 3-unit residential property contains two side-by-side units arranged across the second and third floors, while the lower-level unit is not currently rented. The home is described as being in good condition and is served by oil heat, town water, and town sewer. Electric service is separately metered for the units.

The property sits on a small lot at 615 Higgins St in Forest City, PA. On-site parking accommodates 2 cars, with the existing layout allowing for possible parking adjustments.

Key Highlights

  • 3‑unit residential property with 2 units currently rented and occupied
  • 2,400 square feet of property size
  • Lower‑level third unit is not currently rented

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 18421, PA

4,573
Population
2,234
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
95%
High-School Grad
37.3 sq mi
ZIP Area
123
Density / Sq Mi
$69,593
Median Household Income
$47,611
Median Earnings
$869
Median Rent
$169,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Multi-unit home with oil heat, municipal water and sewer, and separately metered electric service.
Where is this triplex located?
The property is located at 615 Higgins St Forest City, PA.
What is the asking price?
The asking price for this property is $224,000.
What are key features of this property?
This property features: 3‑unit residential property with 2 units currently rented and occupied; 2,400 square feet of property size; Lower‑level third unit is not currently rented
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