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110 Smith Drive, Tobyhanna, PA 18466 (MLS# PM-101600)

110 Smith Drive, Tobyhanna, PA 18466

$610,000
Property Type: Residential Income Square Footage: 4,674 Lot Size (sq. ft.): 198,198 Status: Closed
Current Price: $610,000 List Date: 10/14/2022 Last Modified: 3/03/2025

Overview

Description

REFRESHED AND READY TO SELL! Four single family homes on 4.55 acres all with new roofs. Endless possibilities with the land. Looking for rental income, your opportunity awaits. all currently rented bringing in great income! Tenants pay all utilities. Owner responsible for insurance, taxes and snow removal. Separate well and septic for each home. Potential for AIRBNB SHORT TERM rentals. Check with township as to guidelines Potential to Live in one and let the others pay the mortgage. Nestled in the heart of the Poconos. Just a bike ride away from Tobyhanna skate park and municipal park. Close drive to route I-80 within 2 hours from Philadelphia, NJ & NYC. Minutes away from state game land, Schools, Shopping and Resorts.

Listing Details MLS# PM-101600

General Property Information

Building Area Total
4674
Building Area Source
Public Records
Stories
Yes
Number Of Buildings
4
Year Built
1986
Basement YN
No
Lot Size Acres
4.55
List Price/SqFt
133.72
Sold Price/SqFt
130.51

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Shingle Cooling: Ceiling Fan(s) Heating: Electric Water Heater: Electric Appliances: Water Heater Water Source: Well Sewer: Septic Tank Road Frontage Type: Private Road Road Surface Type: Gravel

Contract Information

Property Sub Type
Multi Family
Listing Contract Date
2022-10-13
Listing Service
Full Service

Location Tax and Legal

County
Monroe
Street Number
110
Street Name
Smith
Street Suffix
Drive
City (Post Office)
Tobyhanna
State
PA
Postal Code
18466
Subdivision Name
None

Remarks and Miscellaneous

Public Historical Remarks
Kitchens: Modern,SemiMod, Bathrooms: Modern, Miscellaneous: Zoning Code R-2 Residential, Miscellaneous: Cert of Occ Req'd No
Public Remarks
REFRESHED AND READY TO SELL! Four single family homes on 4.55 acres all with new roofs. Endless possibilities with the land. Looking for rental income, your opportunity awaits. all currently rented bringing in great income! Tenants pay all utilities. Owner responsible for insurance, taxes and snow removal. Separate well and septic for each home. Potential for AIRBNB SHORT TERM rentals. Check with township as to guidelines Potential to Live in one and let the others pay the mortgage. Nestled in the heart of the Poconos. Just a bike ride away from Tobyhanna skate park and municipal park. Close drive to route I-80 within 2 hours from Philadelphia, NJ & NYC. Minutes away from state game land, Schools, Shopping and Resorts.

Status Change Information

Purchase Contract Date
2022-10-21
Close Date
2022-12-23
Close Price
610000

More Information

Income and Expenses

Gross Income
73224
Net Operating Income
50000
Insurance Expense
5000
New Taxes Expense
7910
Maintenance Expense
7650

Unit 1

Unit #
110
Occupied YN
Y
Actual Rent
1550
SqFt Total
1400

Unit 2

Unit #
114
Occupied YN
Y
Actual Rent
1850
SqFt Total
1124

Unit 3

Unit #
118
Occupied YN
Y
Actual Rent
1457
SqFt Total
1400

Unit 4

Unit #
122
Occupied YN
Y
Actual Rent
1245
SqFt Total
750

Location, Tax, and Legal

Parcel Number
03.10.1.35
Municipality
Coolbaugh Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
2065.13
School Tax Amount
5716.92
Tax Annual Amount
7782.04
Tax Assessed Value
287210
Tax Book Number
2435/8324
Zoning Description
Residential

Currently Not Used

Number Of Units Total
4

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Cooling

Ceiling Fan(s)
Yes

Heating

Electric
Yes

Water Heater

Electric
Yes

Appliances

Water Heater
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Road Frontage Type

Private Road
Yes

Road Surface Type

Gravel
Yes
Listing Office: D-N-A Property Management Co
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.