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1320 Kunkletown Road, Saylorsburg, PA 18353 (MLS# PM-74077)

1320 Kunkletown Road, Saylorsburg, PA 18353

$1,425,000
Property Type: Commercial Sale Square Footage: 11,460 Lot Size (sq. ft.): 930,442 Status: Closed
Current Price: $1,425,000 List Date: 11/26/2019 Last Modified: 2/28/2025

Overview

Description

Multi-Unit residential investment with 10 apartments at 100% occupancy. Investment also includes up to 60 indoor/outdoor parking spaces and garage rentals at a current 90+% occupancy. Steady income stream with loads of upside. An additional large pad available for more enclosed or open storage spaces. Site consists of 21+ acres of land with approximately 5+ acres zoned commercial nearest to Kunkletown Rd. Remaining lands are mostly cleared and generate income through farming. Value add through expansion of additional concrete pad for more garage rentals.

Listing Details MLS# PM-74077

General Property Information

Above Grade Finished Area
11460
Building Area Total
11460
Stories
Yes
Number Of Buildings
2
Year Built
1994
Year Built Source
Estimated
Lot Size Acres
21.36
List Price/SqFt
170.16
Sold Price/SqFt
124.35

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial; Residential Possible Use: Residential; Investment; Multi-Family Business Type: Storage Building Features: Other Cooling: Wall/Window Unit(s) Heating: Electric Water Source: Well Sewer: Septic Tank Parking Features: On Site Road Frontage Type: City Street Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2019-11-25
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
1320
Street Name
Kunkletown
Street Suffix
Road
City (Post Office)
Saylorsburg
State
PA
Postal Code
18353

Remarks and Miscellaneous

Public Historical Remarks
Location: FreeStnd, Miscellaneous: Zoning Code RR and C
Public Remarks
Multi-Unit residential investment with 10 apartments at 100% occupancy. Investment also includes up to 60 indoor/outdoor parking spaces and garage rentals at a current 90+% occupancy. Steady income stream with loads of upside. An additional large pad available for more enclosed or open storage spaces. Site consists of 21+ acres of land with approximately 5+ acres zoned commercial nearest to Kunkletown Rd. Remaining lands are mostly cleared and generate income through farming. Value add through expansion of additional concrete pad for more garage rentals.

Status Change Information

Purchase Contract Date
2020-06-16
Close Date
2020-09-15
Close Price
1425000

More Information

Unit Details

Number Of Units Leased
10

Location, Tax, and Legal

Parcel Number
15.88518
Municipality
Ross Township
High School District
Pleasant Valley
Cnty&Muni Taxes (Legacy)
361.23
School Tax Amount
2371.54
Tax Annual Amount
2732.78
Tax Assessed Value
103480
Tax Book Number
2307/4022
Zoning Description
Residential

Business Type

Storage
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Residential
Yes
Commercial
Yes

Possible Use

Residential
Yes
Investment
Yes
Multi-Family
Yes

Building Features

Other
Yes

Cooling

Wall/Window Unit(s)
Yes

Heating

Electric
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Parking Features

On Site
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.