Multi-Family•Low-Rise/Garden•For Sale

107 Route 314, Mount Pocono, Pennsylvania 18344

Sale Price $379,000
Sale Type Investment
Zoning C-3 Commercial
Bldg Type Multi-Tenant
Year Built 1902
Stories 2
Vacancy 100%
Annual Taxes $5,363.33
Gross Bldg 5,288 SqFt
Land Area .52 Acres
Project Size 7
Market Monroe County
Sub-Market Coolbaugh Township
MLS# PM-65616 & PM-65618
6-unit rental investment with additional income from a garage. Priced at a good 10% cap rate with a solid history of tenancy. Tenants are responsible for all utilities, which have been separated. On lot sewage and water. Building is 5,288 SF on a 0.52 acre site. Zoned C-3 Commercial in Coolbaugh Township. Located off Route 940 turning left onto Harvest Lane then left onto Summit Drive. Sits on the corner of Summit Drive and Route 314. Close to shopping, Mount Airy, Kalahari Resort, Great Wolf resorts and quick access to Routes 940, 380 and 611.
  • 5,288 SF Multifamily Investment Property
  • Zoned C-3 Commercial
  • 6 Apartments Plus Garage Rental
  • On Site Utilities
  • 0.52 Acre Corner Property
2/11/2020 4:18:10 PM 3/24/2020 4:08:05 PM
Terri Mickens, CCIM
Broker/Owner
TACM Commercial Realty Inc
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