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105 Pines Way

East Stroudsburg, PA 18301
  • $1,350,000
  • STATUS: Active Under Contract
  • ON SITE: 40 Days
  • MLS #: PM-114396
Under Contract
UPDATED: 114 min ago
$1,350,000
  • 0
    BEDS
  • 1.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,196
    SQFT
  • $102
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2009
County:

School Ratings & Info

School District:

Description

PRIME LOCATION 7 unit investment property. 6 townhomes built 2009, a renovated log cabin and 7 garages. All currently rented. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and basement. Oil heat and fireplace. All units rented with long term tenants. All units are rented at below market rate. Potential to raise rents for the townhomes. CURRENT CAP RATE is 7.53

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Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Christine Mills Team | Iron Valley Real Estate. Data last updated 2024-05-29T15:13:59.643.
www.poconoareahomes.com/homes/149318457
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105 Pines Way East Stroudsburg, PA 18301

  • Price: $1,350,000
  • Status: Active Under Contract
  • On Site: 40 Days
  • Updated: 114 min ago
  • MLS #: PM-114396
0
Beds
0
Baths
0
½ Baths
1.9
Acres
13,196
SQFT
$102
$/SQFT
2009
Built
Neighborhood:
Stroud Township
County:
Monroe
Area:
Stroud Township
School District:
Stroudsburg Area
Property Description
PRIME LOCATION 7 unit investment property. 6 townhomes built 2009, a renovated log cabin and 7 garages. All currently rented. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and basement. Oil heat and fireplace. All units rented with long term tenants. All units are rented at below market rate. Potential to raise rents for the townhomes. CURRENT CAP RATE is 7.53
Exterior Features

Road Paved

Interior Features

Basement Yes Bathrooms Old Cooling Central AirSome with AC Heating ElectricFrcd-Air Kitchen ModernOld Unit1 Baths 1.50 Unit1 Beds 3.00 Unit1 Sq Ft 1200.00 Unit2 Baths 1.50 Unit2 Beds 3.00 Unit2 Sq Ft 1200.00 Unit3 Baths 1.50 Unit3 Beds 3.00 Unit3 Sq Ft 1200.00 Unit4 Baths 1.50 Unit4 Beds 3.00 Unit4 Sq Ft 1200.00

Property Features

Financing CashConventional Foreclosure No Gross Income 149700.00 Hot Water Electric Lawn Snow Removal 4800.00 Multifamily Type TownhouseSingle Net Income 101700.00 Possession Settlement Sewer Public Substatus Active-C (Active w/Contract) Taxes 32000.00 Trash Removal 4800.00 Unit1 Rent 1700.00 Unit2 Rent 1700.00 Unit3 Rent 1700.00 Unit4 Rent 1700.00 Water Public Water And Sewer 6400.00 Zoning R-3

Listing information © 2024 Pocono Mountains Association of Realtors. Courtesy of The Real Estate Group, LLC: (570) 355-5310.


Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Christine Mills Team | Iron Valley Real Estate. Data last updated 2024-05-29T15:13:59.643.
 
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Christine Mills Team | Iron Valley Real Estate
46 Crystal Street
East Stroudsburg PA, 18301