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Key Details
Sold Price $1,700,000
Property Type Condo
Sub Type Apartment Style
Listing Status Sold
Purchase Type For Sale
Square Footage 11,970 sqft
Price per Sqft $142
Subdivision Not In Development
MLS Listing ID 651781
Sold Date 02/26/21
Year Built 1952
Lot Size 22.170 Acres
Property Description
Completely remodeled 28-unit investment property producing over a 10% return. Currently operating as limited-stay lodging, each unit provides a fully furnished environment. A convenient laundry facility is being added for additional income. Onsite management provides for absentee ownership and low maintenance costs. Situated within minutes of all major roadways and amenities, this investment can provide a stable base of tenancies. Property to be subdivided from larger parcel to include 5+/- acres.
Location
State PA
County Monroe
Area Smithfield Twp
Interior
Cooling Wall AC
Exterior
Parking Features Unpaved Lot
Garage Spaces 50.0
Building
Story 1.0
Sewer Public
Water Well
New Construction No
Schools
School District East Stroudsburg
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with NON MBR Office