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.

116 Firehouse Road, Pocono Pines, PA 18350 (MLS# PM-83593)

116 Firehouse Road, Pocono Pines, PA 18350

$590,000
Property Type: Commercial Sale Square Footage: 3,727 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $590,000 List Date: 12/07/2020 Last Modified: 5/09/2025

Overview

Description

11% CAP proforma. 6-unit investment with short-term rentals in Pocono Pines. Property consists of 2 short-term rentals, 3 long-term rentals and one owner-occupied dwelling. Desirable location near Lake Naomi. Newly renovated cottages with mostly new roofs, windows, flooring and appliances.

Listing Details MLS# PM-83593

General Property Information

Above Grade Finished Area
3727
Building Area Total
3727
Building Area Source
Public Records
Stories
Yes
Number Of Buildings
6
Year Built
1923
Year Built Source
Other
Lot Size Acres
Yes
Lot Size Dimensions
147x283x165x213
Sign On Property YN
No
List Price/SqFt
160.72
Sold Price/SqFt
158.3

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Residential Possible Use: Residential; Multi-Family Building Features: Fixtures Included; Other Rail Road Track: None Construction Materials: Brick; Frame Cooling: Central Air; Wall/Window Unit(s) Heating: Electric; Oil Water Source: Well Sewer: Septic Tank Parking Features: On Site Road Frontage Type: City Street; See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2020-12-01
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
116
Street Name
Firehouse
Street Suffix
Road
City (Post Office)
Pocono Pines
State
PA
Postal Code
18350

Remarks and Miscellaneous

Public Historical Remarks
Road Type: Twp-rd, Warranty: None, Location: FreeStnd, Miscellaneous: Zoning Code R-2
Public Remarks
11% CAP proforma. 6-unit investment with short-term rentals in Pocono Pines. Property consists of 2 short-term rentals, 3 long-term rentals and one owner-occupied dwelling. Desirable location near Lake Naomi. Newly renovated cottages with mostly new roofs, windows, flooring and appliances.

Status Change Information

Purchase Contract Date
2021-01-20
Close Date
2021-04-01
Close Price
590000

More Information

Unit Details

Number Of Units Leased
6

Income and Expenses

Cap Rate
11.09

Building Features

Number of Levels
Yes
Fixtures Included
Yes
Other
Yes

Road Frontage Type

Road Frontage Length
147
City Street
Yes
See Remarks
Yes

Location, Tax, and Legal

Parcel Number
19.9.1.26
Municipality
Tobyhanna Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
870.43
School Tax Amount
3353
Tax Annual Amount
4223.43
Tax Assessed Value
168450
Tax Book Number
2360/572
Zoning Description
Residential

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Residential
Yes

Possible Use

Residential
Yes
Multi-Family
Yes

Rail Road Track

None
Yes

Construction Materials

Brick
Yes
Frame
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Electric
Yes
Oil
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Parking Features

On Site
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: KW Commercial - Main St
IDX
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.