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For Sale

5 Unit Multifamily or Short Term Rental

1460 - 1466 Pocono Lane,
Bartonsville, PA 18321

Asset Snapshot

1970
Year Built
5 Units
Unit Count
0 SF
Average Unit Size
3,000 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

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.


Investment Highlights

  • Zoning allows AirBnB / Short Term Rental
  • 5 occupied Units
  • 300+ Ft frontage on Pocono Creek
  • Commercially Zoned

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Listing Syndicated From

Buildout
For Sale
$749,000
Asking Price