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34448789
34448790

1462 Pocono Ln, Bartonsville, PA 18321 For Sale

JM
PA RB068478, RM423395
TACM Commercial Realty
TACM Commercial Realty
Listed by TACM Commercial Realty
$399,000
4 days on market
Updated 4 days ago

1462 Pocono Ln

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 936
Units 2
NOI $59,000
Tenancy Multi
Price per SqFt $426
Year Built 1989
Buildings 1
Acreage 0.690
Zoning C

2 Unit Multi Family on the Pocono Creek

Marketing description

Two investment properties on a half an acre of land. One cottage is a 1bed one bath. The other is a 3 bedroom, 1 bath. Both currently have tenants. This single parcel is part of a larger set of units for sale. Purchase the individual property or bundle the parcels to multiple your investment portfolio! For more details on the bundle sale look up MLS: PM-141700 The 5-unit property is a mix of 1 and 2-bedroom units spread over 3 Buildings. These cottages on the banks of the Pocono Creek provide a picturesque location in the heart of the Poconos. Conveniently located near shopping and attractions, yet secluded and tranquil.

Commercial Zoning in Pocono Township allows for the rare opportunity for both traditional multi-family rental AND Short Term Rentals / Airbnb. The 300+ feet of frontage on the Pocono Creek and access to central sewer make this a unique opportunity to create a rental getaway. Currently leased as traditional rentals with a Gross income of $84,600/yr and NOI of $59,000/yr.

Investment highlights

Two 2 Bedroom Cottages

Beautiful Location

Central Sewer Available

Central Location

Listing Contacts

JM
PA RB068478, RM423395
TACM Commercial Realty
TACM Commercial Realty
Listed by TACM Commercial Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$59,000.00
$4,916.67/mo

Valuation Metrics

0
DSCR
14.79%
Cap Rate
14.79%
ROI

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Property History

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