$1,405,000
Long Pond, PA 18334
MLS# PM-117163
Status: Closed
6972 sqft
1 / 21
Property Description
An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building. Situated on over 3.5 acres, and just seconds from the I-380 and Rt-940 intersection, it offers unparalleled access to major routes. It's just a few minutes away from Pocono Summit, Mt Pocono, the Kalahari Resort and the popular Tannersville Outlets. Don't miss out on this exceptional investment.
Details
Maps
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,405,000
Current Price: $1,405,000
Status: Closed
Listing Contract Date: 2024-07-19
Location, Tax, and Legal
Parcel Number: 19.4.1.18
Municipality: Tobyhanna Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 1753.68
School Tax Amount: 6755.36
Tax Annual Amount: 8509.04
Tax Assessed Value: 339380
Tax Book Number: 1463/1065
Zoning Description: Residential
General Property Information
Above Grade Finished Area: 6972
Building Area Source: Estimated
Stories: 1
Year Built Source: Other
Lot Size Acres: 1.9
List Price/SqFt: 186.46
Sold Price/SqFt: 201.52
Building Area Total: 6972
Year Built: 1950
Remarks and Miscellaneous
Public Historical Remarks: Special Financing: None, Level: Single, Location: Other-See Remarks, Potential Use: Building Trades, Miscellaneous: Zoning Code C-Commercial
Public Remarks: An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building. Situated on over 3.5 acres, and just seconds from the I-380 and Rt-940 intersection, it offers unparalleled access to major routes. It's just a few minutes away from Pocono Summit, Mt Pocono, the Kalahari Resort and the popular Tannersville Outlets. Don't miss out on this exceptional investment.
Business Type
Bar/Tavern/Lounge: 1
Fast Food: 1
Grocery: 1
Restaurant: 1
Bed & Breakfast: 1
Hotel/Motel: 1
Convenience Store: 1
Gas Station: 1
Professional Service: 1
Mobile/Trailer Park: 1
Special Listing Conditions
In Foreclosure: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Term Options
Other: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Possible Use
Residential: 1
Investment: 1
Other: 1
Multi-Family: 1
Building Features
Other: 1
Construction Materials
Brick: 1
Frame: 1
Roof
Other: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Natural Gas: 1
Separate Meters: 1
Water Source
Well: 1
See Remarks: 1
Sewer
Septic Tank: 1
Holding Tank: 1
Parking Features
On Site: 1
Off Street: 1
Private: 1
Road Frontage Type
State Road: 1
City Street: 1
Private Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Private Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 2995
Street Name: Long Pond
Street Suffix: Road
City (Post Office): Long Pond
State: PA
Postal Code: 18334
Status Change Information
Purchase Contract Date: 2024-07-24
Close Date: 2024-09-30
Close Price: 1405000
Property Features
Special Listing Conditions: In Foreclosure
Listing Terms: Cash; Conventional
Lease Term Options: Other
Possession: Close Of Escrow
Current Use: Residential
Possible Use: Residential; Investment; Other; Multi-Family
Business Type: Bar/Tavern/Lounge; Fast Food; Grocery; Restaurant; Bed & Breakfast; Hotel/Motel; Convenience Store; Gas Station; Professional Service; Mobile/Trailer Park
Building Features: Other
Construction Materials: Brick; Frame
Roof: Other
Cooling: Wall/Window Unit(s)
Heating: Electric; Natural Gas; Separate Meters
Water Source: Well; See Remarks
Sewer: Septic Tank; Holding Tank
Parking Features: On Site; Off Street; Private
Road Frontage Type: State Road; City Street; Private Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Private Maintained Road
Listing Office: Keller Williams Real Estate - Allentown
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.