$379,000
Tobyhanna, PA 18466
MLS# PM-140380
1882 sqft
1 / 54
Property Description
No HOA! Turnkey 3-unit income property in the heart of the Poconos, just steps from Tobyhanna Lake. Includes a 3BR/1.5BA ranch plus a separate 2BR/1BA cottage and an efficiency--ideal setup for maximizing short-term rental revenue with multiple streams of income. Located in Coolbaugh Township with no HOA restrictions, this property is surrounded by state gamelands and offers strong year-round rental demand driven by lake access and outdoor recreation. Rare combination of location, flexibility, and STR potential. Perfect for investors looking to scale cash flow or operate a high-performing Airbnb portfolio.
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
List Price: $379,000
Current Price: $379,000
Status: Active
Listing Contract Date: 2026-04-15
Location, Tax, and Legal
Parcel Number: 03.10.1.9
Municipality: Coolbaugh Township
High School District: Pocono Mountain
County Tax Amount: 507.36
Municipal Tax Amount: 254.73
School Tax Amount: 2153.65
Tax Other Annual Assessment Amount: 159.7
Tax Annual Amount: 3075.44
Tax Assessed Value: 92630
Tax Year: 2025
Tax Map Number: 03634800444165
Tax Book Number: 2542
Tax Page Number: 8849
Deed Recording Date: 2020-01-15
Zoning Description: Multi-Family
General Property Information
Above Grade Finished Area: 1752
Below Grade Finished Area: 0
Living Area: 1752
Living Area Source: Estimated
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 130
Building Area Source: Estimated
Stories: 1
Number Of Buildings: 3
Year Built Source: Other
Basement YN: Yes
Pool Private YN: No
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 7
Lot Size Acres: 0.62
Water Body Access YN: No
Association YN: No
Sign On Property YN: No
List Price/SqFt: 201.38
Building Area Total: 1882
Year Built: 1949
Currently Not Used
Number Of Units Total: 3
Remarks and Miscellaneous
Public Remarks: No HOA!
Turnkey 3-unit income property in the heart of the Poconos, just steps from Tobyhanna Lake. Includes a 3BR/1.5BA ranch plus a separate 2BR/1BA cottage and an efficiency--ideal setup for maximizing short-term rental revenue with multiple streams of income.
Located in Coolbaugh Township with no HOA restrictions, this property is surrounded by state gamelands and offers strong year-round rental demand driven by lake access and outdoor recreation.
Rare combination of location, flexibility, and STR potential. Perfect for investors looking to scale cash flow or operate a high-performing Airbnb portfolio.
Unit Details
Efficiency: 1
2 Bedroom: 1
3 Bedroom: 1
Income and Expenses
Gross Income: 2650
Cap Rate: 9.1
Operating Expense: 5000
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Tenant Pays
All Utilities: 1
Income Includes
Rent Only: 1
Financial Data Source
Owner: 1
Possession
Close Of Escrow: 1
Common Walls
No Common Walls: 1
Current Use
Residential: 1
Investment: 1
Architectural Style
Ranch: 1
Unit 1
Unit #: Ranch
Occupied YN: Yes
Actual Rent: 1650
SqFt Total: 1034
Rooms Total: 5
Beds Total: 3
Baths Total: 2
Kitchen YN: Yes
Dining Room YN: Yes
Living Room YN: Yes
Unit Remarks: Month to Month Lease
Unit 2
Unit #: Cottage 1
Occupied YN: Yes
Actual Rent: 1000
SqFt Total: 420
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit Remarks: Month to Month Lease
Unit 3
Unit #: Cottage 2
Occupied YN: No
SqFt Total: 320
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Interior Features
Eat-in Kitchen: 1
Kitchen Island: 1
Fireplace Features
Living Room: 1
Laundry Features
In Basement: 1
Flooring
Tile: 1
Wood: 1
Construction Materials
T1-11: 1
Basement
Partial: 1
Unfinished: 1
Roof
Asphalt: 1
Fiberglass: 1
Cooling
None: 1
Heating
Electric: 1
Water Heater
Electric: 1
Appliances
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Water Heater: 1
Microwave: 1
Washer: 1
Dryer: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Patio And Porch Features
Porch: 1
Parking Features
Off Street: 1
Driveway: 1
Lot Features
Level: 1
Cleared: 1
Wooded: 1
Road Surface Type
Paved: 1
Gravel: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 2328
Street Name: Lakeside
Street Suffix: Drive
City (Post Office): Tobyhanna
State: PA
Postal Code: 18466
Subdivision Name: None
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional
Tenant Pays: All Utilities
Income Includes: Rent Only
Financial Data Source: Owner
Possession: Close Of Escrow
Common Walls: No Common Walls
Current Use: Residential; Investment
Architectural Style: Ranch
Interior Features: Eat-in Kitchen; Kitchen Island
Fireplace Features: Living Room
Laundry Features: In Basement
Flooring: Tile; Wood
Construction Materials: T1-11
Basement: Partial; Unfinished
Roof: Asphalt; Fiberglass
Cooling: None
Heating: Electric
Water Heater: Electric
Appliances: Electric Oven; Electric Range; Refrigerator; Microwave; Washer; Dryer; Water Heater
Water Source: Well
Sewer: Septic Tank
Patio And Porch Features: Porch
Parking Features: Off Street; Driveway
Lot Features: Level; Cleared; Wooded
Road Surface Type: Paved; Gravel
Road Responsibility: Public Maintained Road
Listing Office: RE/MAX Crossroads
Last Updated: May - 04 - 2026
Information deemed reliable but not guaranteed.