1460 – 1466 Pocono Lane
- Zoning allows AirBnB / Short Term Rental
- 5 occupied Units
- 300+ Ft frontage on Pocono Creek
- Commercially Zoned
Property Description
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.
Broker Details
TACM Commercial Realty Inc 570-801-6170
MLS ID: 20131202214921581928000000 State License Number: RS323839
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $749,000 |
| No. of Units: | 5 |
| Year Built: | 1970 |
| Lot Size: | 1.63 Acres |
| Opportunity Zone: | No |
| Price per unit: | $149,800 |
| Property Website | Click Here |
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