Connect with a Building Expert

  • This field is for validation purposes and should be left unchanged.
  • By submitting your information you agree to our privacy policy.

103 Kennys Way, Tannersville, PA 18372 (MLS# PM-112352)

103 Kennys Way, Tannersville, PA 18372

$1,950,000
Property Type: Residential Income Square Footage: 13,994 Lot Size (sq. ft.): 233,046 Status: Closed
Current Price: $1,950,000 List Date: 1/26/2024 Last Modified: 3/03/2025

Overview

Description

AMAZING POCONO REDEVELOPMENT OPPORTUNITY! OUTSTANDING LOCATION! A RARE JEWEL! Property being sold AS IS. Commercial 5.349 acres parcel adjacent to beautiful TLC Park in Tannersville, PA. & directly across from Wendys. Parcel has 366' road frontage on SR-611 & recorded PennDOT Low Volume Driveway HOP (up to 1500 ADT), central water & sewer, 3-Phase Electric & Includes 10 Unit Multi-Family, a Duplex, a former Commercial Bakery (including all equipment), Owner's woodworking shop, former Bakery Retail Space used by Owner, Barn & Sheds. Property boasts Stormwater detention basin & outlet w/ underground drainage, flat lot, sprawling lawns, 6' high bluestone walls, nature trails along Pocono Creek and more.

Listing Details MLS# PM-112352

General Property Information

Building Area Total
13994
Building Area Source
Estimated
Stories
3
Number Of Buildings
3
Year Built
1902
Basement YN
Yes
Parking Total
25
Lot Size Acres
5.35
Lot Size Dimensions
rectangular
List Price/SqFt
150.06
Sold Price/SqFt
139.35

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow; See Remarks Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Construction Materials: Fiber Cement; Wood Siding Roof: Other Electric: 100 Amp Service; 200+ Amp Service Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Baseboard; Electric; Oil; Propane; Other Appliances: Water Heater Security Features: Smoke Detector(s) Water Source: Public; Well Sewer: Public Sewer; Cesspool Road Frontage Type: State Road Road Surface Type: Gravel

Contract Information

Property Sub Type
Multi Family
Listing Contract Date
2024-01-26
Listing Service
Full Service

Location Tax and Legal

County
Monroe
Street Number
103
Street Name
Kennys Way
City (Post Office)
Tannersville
State
PA
Postal Code
18372
Subdivision Name
None

Remarks and Miscellaneous

Public Historical Remarks
Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code C-1, Miscellaneous: Cert of Occ Req'd No
Public Remarks
AMAZING POCONO REDEVELOPMENT OPPORTUNITY! OUTSTANDING LOCATION! A RARE JEWEL! Property being sold AS IS. Commercial 5.349 acres parcel adjacent to beautiful TLC Park in Tannersville, PA. & directly across from Wendys. Parcel has 366' road frontage on SR-611 & recorded PennDOT Low Volume Driveway HOP (up to 1500 ADT), central water & sewer, 3-Phase Electric & Includes 10 Unit Multi-Family, a Duplex, a former Commercial Bakery (including all equipment), Owner's woodworking shop, former Bakery Retail Space used by Owner, Barn & Sheds. Property boasts Stormwater detention basin & outlet w/ underground drainage, flat lot, sprawling lawns, 6' high bluestone walls, nature trails along Pocono Creek and more.

Status Change Information

Purchase Contract Date
2024-03-04
Close Date
2024-05-31
Close Price
1950000

More Information

Income and Expenses

Gross Income
135000
Net Operating Income
80909
Insurance Expense
1065
New Taxes Expense
16367
Electric Expense
8507
Heat Expense
8000
Trash Expense
6038
Maintenance Expense
3000
Other Expense
6750

Unit 1

SqFt Total
923

Unit 2

SqFt Total
320

Unit 3

SqFt Total
320

Unit 4

SqFt Total
923

Unit 5

SqFt Total
923

Unit 6

SqFt Total
600

Unit 7

SqFt Total
923

Unit 8

SqFt Total
923

Unit 9

SqFt Total
320

Unit Details

Efficiency
5
1 Bedroom
5
2 Bedroom
2

Road Frontage Type

Road Frontage Length
366
State Road
Yes

Location, Tax, and Legal

Parcel Number
12/8/2/10
Municipality
Pocono Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
3464.89
School Tax Amount
12902.11
Tax Annual Amount
16367
Tax Assessed Value
574960
Tax Book Number
2428/6786
Zoning Description
Commercial

Currently Not Used

Number Of Units Total
12

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes
See Remarks
Yes

Laundry Features

Electric Dryer Hookup
Yes
Gas Dryer Hookup
Yes
Washer Hookup
Yes

Construction Materials

Fiber Cement
Yes
Wood Siding
Yes

Roof

Other
Yes

Electric

100 Amp Service
Yes
200+ Amp Service
Yes

Cooling

Ceiling Fan(s)
Yes
Wall/Window Unit(s)
Yes

Heating

Baseboard
Yes
Electric
Yes
Oil
Yes
Propane
Yes
Other
Yes

Water Heater

Electric
Yes

Appliances

Water Heater
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes
Well
Yes

Sewer

Public Sewer
Yes
Cesspool
Yes

Road Surface Type

Gravel
Yes
Listing Office: Jennifer Ann Wise Realty
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.