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Key Details
Sold Price $1,405,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $140
MLS Listing ID PAMR2003606
Sold Date 09/30/24
Originating Board BRIGHT
Year Built 1957
Tax Year 2021
Lot Size 1.900 Acres
Acres 1.9
Lot Dimensions 0.00 x 0.00
Property Description
An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building. Situated on over 3.5 acres, and just seconds from the I-380 and Rt-940 intersection, it offers unparalleled access to major routes. It's just a few minutes away from Pocono Summit, Mt Pocono, the Kalahari Resort and the popular Tannersville Outlets. Don't miss out on this exceptional investment opportunity in a prime location!
Location
State PA
County Monroe
Area Tobyhanna Twp (13519)
Zoning C
Interior
Hot Water Electric
Heating Forced Air
Cooling Ceiling Fan(s), Window Unit(s)
Heat Source Electric, Propane - Leased
Exterior
Garage Spaces 30.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Parking Lot, On Street, Private Garage
Total Parking Spaces 30
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
Elementary Schools Tobyhanna Elementary Center
School District Pocono Mountain
Others
Tax ID 19-634500-60-4870
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Dale S Wallace • Keller Williams Real Estate - Allentown