Log In/Sign Up
Your email has been sent.
5 Unit Multi-Family OR Short Term Rental Prop 1460 Pocono Ln 5 Unit Apartment Building $799,000 ($159,800/Unit) 7.38% Cap Rate Bartonsville, PA 18321
Investment Highlights
- Zoning allows AirBnB / Short Term Rental
- 300+ Ft frontage on Pocono Creek
- 5 occupied Units
- Commercially Zoned
Executive Summary
This 5-unit property is a mix of 1 and 2-bedroom units spread over 3 Buildings. These cottages on the banks of the Pocono Creek provide a picturesque location in the heart of the Poconos. Conveniently located near shopping and attractions, yet secluded and tranquil. Commercial Zoning in Pocono Township allows for the rare opportunity for both traditional multi-family rental AND Short Term Rentals / Airbnb. The 300+ feet of frontage on the Pocono Creek and access to central sewer make this a unique opportunity to create a rental getaway. Currently leased as traditional rentals with a Gross income of $84,600/yr and NOI of $59,000/yr.
Property Facts
| Price | $799,000 | Property Subtype | Apartment |
| Price Per Unit | $159,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.63 AC |
| Cap Rate | 7.38% | Building Size | 3,000 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Zoning | Commercial | ||
| Price | $799,000 |
| Price Per Unit | $159,800 |
| Sale Type | Investment |
| Cap Rate | 7.38% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.63 AC |
| Building Size | 3,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | Commercial |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12.9.2.21 | Improvements Assessment | $107,130 |
| Land Assessment | $40,700 | Total Assessment | $147,830 |
Property Taxes
Parcel Number
12.9.2.21
Land Assessment
$40,700
Improvements Assessment
$107,130
Total Assessment
$147,830
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5 Unit Multi-Family OR Short Term Rental Prop | 1460 Pocono Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.