$700,000
Mount Pocono, PA 18344
MLS# PM-98566
Status: Closed
6194 sqft
1 / 120
Property Description
Property is Under Contract and considering back-up offers only at this time.' This Unique Opportunity is waiting for you. In the Heart of the Borough of Mt Pocono sits this income producing property. 4 Separate Houses and 8 Rental units on 1.21 acres with Public Water, Sewer, Natural Gas, Zoned Commercial. Live in one home while managing the rest of the properties or rent them all. SHORT TERM RENTALS ARE PERMITTED. Good Rental History and walking distance to Martz Bus. Proof of funds/pre qual required to schedule a showing. See Property Info under documents
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $700,000
Current Price: $700,000
Status: Closed
Listing Contract Date: 2022-06-24
Location, Tax, and Legal
Parcel Number: 10.4.2.42-1
Municipality: Mount Pocono Borough
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 4321.24
School Tax Amount: 9852.38
Tax Annual Amount: 14173.61
Tax Assessed Value: 494970
Tax Book Number: 893/337
Zoning Description: Commercial
General Property Information
Building Area Source: Estimated
Stories: 2
Number Of Buildings: 4
Basement YN: Yes
Garage YN: Yes
Carport YN: Yes
Lot Size Acres: 1.21
List Price/SqFt: 128.35
Sold Price/SqFt: 113.01
Building Area Total: 6194
Year Built: 1961
Currently Not Used
Number Of Units Total: 8
Remarks and Miscellaneous
Public Historical Remarks: Kitchens: Old, Bathrooms: Old, Miscellaneous: Zoning Code Commercial, Miscellaneous: Cert of Occ Req'd Yes
Public Remarks: Property is Under Contract and considering back-up offers only at this time.'
This Unique Opportunity is waiting for you. In the Heart of the Borough of Mt Pocono sits this income producing property. 4 Separate Houses and 8 Rental units on 1.21 acres with Public Water, Sewer, Natural Gas, Zoned Commercial. Live in one home while managing the rest of the properties or rent them all. SHORT TERM RENTALS ARE PERMITTED. Good Rental History and walking distance to Martz Bus. Proof of funds/pre qual required to schedule a showing. See Property Info under documents
Unit Details
Efficiency: 2
1 Bedroom: 5
2 Bedroom: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: 6-101
Occupied YN: Y
Actual Rent: 950
SqFt Total: 0
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit 2
Unit #: 6-201
Occupied YN: Y
Actual Rent: 950
SqFt Total: 0
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit 3
Unit #: 8 Knob
SqFt Total: 1196
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Unit 4
Unit #: 10-101
Actual Rent: 795
SqFt Total: 0
Rooms Total: 2
Baths Total: 1
Unit 5
Unit #: 10-102
Actual Rent: 825
SqFt Total: 0
Rooms Total: 2
Baths Total: 1
Unit 6
Unit #: 12-101
Actual Rent: 925
SqFt Total: 0
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Unit 7
Unit #: 12-102
Actual Rent: 975
SqFt Total: 0
Beds Total: 1
Baths Total: 1
Unit 8
Unit #: 12-202
Actual Rent: 950
SqFt Total: 0
Baths Total: 1
Construction Materials
Stone: 1
Stucco: 1
Vinyl Siding: 1
Cooling
None: 1
Heating
Natural Gas: 1
Water Heater
Gas: 1
Appliances
Water Heater: 1
Security Features
Smoke Detector(s): 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Road Frontage Type
City Street: 1
Private Road: 1
Road Surface Type
Paved: 1
Gravel: 1
Road Responsibility
Private Maintained Road: 1
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 6,8,10,12
Street Name: Knob
Street Suffix: Road
City (Post Office): Mount Pocono
State: PA
Postal Code: 18344
Status Change Information
Purchase Contract Date: 2022-07-24
Close Date: 2022-10-31
Close Price: 700000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Construction Materials: Stone; Stucco; Vinyl Siding
Cooling: None
Heating: Natural Gas
Water Heater: Gas
Appliances: Water Heater
Security Features: Smoke Detector(s)
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street; Private Road
Road Surface Type: Paved; Gravel
Road Responsibility: Private Maintained Road; Public Maintained Road
Listing Office: WEICHERT Realtors Acclaim - Tannersville
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.