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4758 Route 447

Canadensis, PA 18325
  • $3,950,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: PM-93074
UPDATED: 56 min ago
$3,950,000
  • 0
    BEDS
  • 10.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 29,105
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

School District:

Description

8.14% CAP. Multifamily investment for sale in Canadensis. The 43-unit property consists of 17 efficiencies, 20 one-bedroom, 5 two-bedroom apartments and one office. Main house with 12 units was completed renovated in 2021. Long term tenants with mostly month-to-month leases. Value-add opportunity with below market rents. Short-term rentals permitted by right as property is classified as resort.

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Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX of the Poconos. Data last updated 2021-12-03T16:12:49.7.
www.poconohomepro.com/homes/123402018
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4758 Route 447 Canadensis, PA 18325

  • Price: $3,950,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 56 min ago
  • MLS #: PM-93074
0
Beds
0
Baths
0
½ Baths
10.86
Acres
29,105
SQFT
$136
$/SQFT
1940
Built
Neighborhood:
Barrett Township
County:
Monroe
Area:
Barrett Township
School District:
Pocono Mountain
Property Description
8.14% CAP. Multifamily investment for sale in Canadensis. The 43-unit property consists of 17 efficiencies, 20 one-bedroom, 5 two-bedroom apartments and one office. Main house with 12 units was completed renovated in 2021. Long term tenants with mostly month-to-month leases. Value-add opportunity with below market rents. Short-term rentals permitted by right as property is classified as resort.
Exterior Features

Construction Frame Level Multi Location Freestnd Parking On-Site Railroad Track None Road PavedPublic Road Surface Blk-Top Road Type State-Rd

Interior Features

Ceiling 0-9FT Cooling Wall/Winac Heating Elec Sq Ft Above Grade 29105.00

Property Features

Financing CashConventional Foreclosure No Gross Income 424540.00 Includes Building(S) Net Income 321553.00 Possession Settlement Potential Use Apartment(S) Sewer Septic Transaction Type For Sale Warranty None Water Well Zoning Mu-V

Listing information © 2021 Pocono Mountains Association of Realtors


Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX of the Poconos. Data last updated 2021-12-03T16:12:49.7.
 
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RE/MAX of the Poconos
1111 North Fifth Street
Stroudsburg PA, 18360