1460 Pocono Ln - Apartments FOR SALE


Bartonsville, PA 18321
$799,000 USD
570-801-6170
1460 Pocono Ln, Bartonsville, PA for Sale
$799,000 USD
Apartments - FOR SALE
1/26
null | 7.38% Cap Rate

1460 Pocono Ln
Bartonsville, PA 18321


HIGHLIGHTS

  • Zoning allows AirBnB / Short Term Rental
  • 5 occupied Units
  • 300+ Ft frontage on Pocono Creek
  • Commercially Zoned

OVERVIEW

This 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.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,800

CAP RATE

7.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Multi-Family OR Short Term Rental Prop

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

Commercial

APN/PARCEL ID

12637102972448,12637102973430

ASK ABOUT THIS PROPERTY

Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

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Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.