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
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.
More Information MLS# PM-101600
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $610,000
Current Price: $610,000
Status: Closed
Listing Contract Date: 2022-10-13
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
General Property Information
Building Area Source: Public Records
Stories: 1
Number Of Buildings: 4
Basement YN: No
Lot Size Acres: 4.55
List Price/SqFt: 133.72
Sold Price/SqFt: 130.51
Building Area Total: 4674
Year Built: 1986
Currently Not Used
Number Of Units Total: 4
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.
Income and Expenses
Gross Income: 73224
Net Operating Income: 50000
Insurance Expense: 5000
New Taxes Expense: 7910
Maintenance Expense: 7650
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: 110
Occupied YN: Y
Actual Rent: 1550
SqFt Total: 1400
Beds Total: 3
Baths Total: 1
Unit 2
Unit #: 114
Occupied YN: Y
Actual Rent: 1850
SqFt Total: 1124
Beds Total: 3
Baths Total: 2
Unit 3
Unit #: 118
Occupied YN: Y
Actual Rent: 1457
SqFt Total: 1400
Beds Total: 4
Baths Total: 1
Unit 4
Unit #: 122
Occupied YN: Y
Actual Rent: 1245
SqFt Total: 750
Beds Total: 3
Baths Total: 1
Roof
Shingle: 1
Cooling
Ceiling Fan(s): 1
Heating
Electric: 1
Water Heater
Electric: 1
Appliances
Water Heater: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Road Frontage Type
Private Road: 1
Road Surface Type
Gravel: 1
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
Status Change Information
Purchase Contract Date: 2022-10-21
Close Date: 2022-12-23
Close Price: 610000
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
Listing Office:
D-N-A Property Management Co
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
