For Sale
For Sale
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Year Built
1930
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Total Building Size
5,733 RSF
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Overview
Mixed rural residential neighborhood in the west end of Monroe County. Close access to Route 209, Route 33, and Route 715. Within 30 minutes to Lehigh Valley Market, Stroudsburg area and Mt Pocono. Located in the Stroudsburg School District. Former resort including 9 cottages, a 5 bedroom residence with detached garage on 12+ acres zoned B-Residential in Hamilton Township. Beautiful acreage with room for expansion and ideal for hosting events with private pond and cleared fenced area formerly used as a pasture for horses. Great walking trails. Zoning permits for potential expansion for additional cottages and/or trailer homes. 5 Bedroom residence which is currently owner occupied, could serve as an Air BnB location. Fully occupied with returns priced at a 9.5% cap rate. Seller prefers financing the property to a qualified buyer.
Property Details
Mixed rural residential neighborhood in the west end of Monroe County. Close access to Route 209, Route 33, and Route 715. Within 30 minutes to Lehigh Valley Market, Stroudsburg area and Mt Pocono. Located in the Stroudsburg School District. Former resort including 9 cottages, a 5 bedroom residence with detached garage on 12+ acres zoned B-Residential in Hamilton Township. Beautiful acreage with room for expansion and ideal for hosting events with private pond and cleared fenced area formerly used as a pasture for horses. Great walking trails. Zoning permits for potential expansion for additional cottages and/or trailer homes. 5 Bedroom residence which is currently owner occupied, could serve as an Air BnB location. Fully occupied with returns priced at a 9.5% cap rate. Seller prefers financing the property to a qualified buyer.
- Property TypeMulti-Family
- Year Built1930
- Sale Price$720,000
- Total Building Size5,733RSF
- Total Acres12.69
- Sale StatusAvailable
- Property ID2089593