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1388 Pocono Boulevard

MOUNT POCONO, PA 18344
  • $999,999
  • STATUS: Active
  • ON SITE: 192 Days
  • ID#: PAMR107612
UPDATED: 11 min ago
$999,999
  • 0
    BEDS
  • 0.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1902
County:

School Ratings & Info

School District:

Description

Ultra Rare Opportunity to own a 14 unit complex property in Downtown Mt. Pocono. Awesome location with easy access to I-80, I-380, 611 and the Martz Bus Station is a short walk away. Tenants have access to seasonal attractions, grocery stores, movie theaters and etc. Excellent cash flow and rental history with over $100,000 net operating income. 14 units, 10 1 bedroom apartments, 2 efficiency, and 1 2 bedroom, plenty of space in the parking lot. This multi unit will comes with a full 1 year home warranty.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T07:49:47.833.
www.exitrealtyoc.com/homes/117572354
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1388 Pocono Boulevard MOUNT POCONO, PA 18344

  • Price: $999,999
  • Status: Active
  • On Site: 192 Days
  • Updated: 11 min ago
  • ID#: PAMR107612
0
Beds
0
Baths
0
½ Baths
0.75
Acres
1902
Built
Neighborhood:
Mount Pocono Boro (13510)
County:
Monroe
Area:
Mount Pocono Boro (13510)
School District:
Pocono Mountain
Property Description
Ultra Rare Opportunity to own a 14 unit complex property in Downtown Mt. Pocono. Awesome location with easy access to I-80, I-380, 611 and the Martz Bus Station is a short walk away. Tenants have access to seasonal attractions, grocery stores, movie theaters and etc. Excellent cash flow and rental history with over $100,000 net operating income. 14 units, 10 1 bedroom apartments, 2 efficiency, and 1 2 bedroom, plenty of space in the parking lot. This multi unit will comes with a full 1 year home warranty.
Exterior Features

Construction Materials Other Garage YN No Location Type Downtown Lot Features Backs To Trees Parking Types Parking Lot Riparian Rights YN No View StreetTrees/Woods Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5160.00 Cooling None Heating Baseboard - Electric Heating YN Yes Net Square Feet 5161.00

Property Features

Acceptable Financing CashContractConventionalExchangeInstallment SaleIndustrial Development AuthorityNegotiablePrivateRural DevelopmentJoint VentureLease PurchaseUsdaVariableWrapOther Accessibility Features Level Entry - Main Annual Gross Expense 17000.00 Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Insurance Expense 4200.00 Lease Considered YN Yes Municipality Mount Pocono Boro Navigable Water YN N Net Operating Income 98680.00 New Construction YN No Number Of Units Total 0 Operating Expense 17000.00 Operating Expense Includes WaterTrashSewerRepair/MaintenanceInsuranceSnow Removal Original MLSNumber 304624756372 Owner Pays InsuranceSewer MaintenanceTaxes - Personal PropertyTaxes - Real EstateWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 8495.00 Tax Assessment Amount 306160.00 Tax Lot 0081 Total Actual Rent 115680.00 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning C1

Listing courtesy of Keller Williams Real Estate - Newtown.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T07:49:47.833.
 
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