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2808 Route 611, Tannersville, PA 18372 (MLS# PM-69642)

2808 Route 611, Tannersville, PA 18372

$710,000
Property Type: Commercial Sale Square Footage: 12,183 Lot Size (sq. ft.): 57,499 Status: Closed
Current Price: $710,000 List Date: 1/10/2020 Last Modified: 5/09/2025

Overview

Description

9 unit investment property for sale in Tannersville. The 100% occupied property consists of an 8-unit, 7,189 square foot apartment building and a 4,994 square foot garage. Buildings are situated on 1.32 acres along Route 611 and serviced by public water and on-site septic (public sewer available).

Listing Details MLS# PM-69642

General Property Information

Above Grade Finished Area
12183
Building Area Total
12183
Stories
3
Number Of Buildings
2
Year Built
1902
Year Built Source
Other
Lot Size Acres
1.32
Sign On Property YN
No
List Price/SqFt
77.9
Sold Price/SqFt
58.28

Property Features

Listing Terms: Cash; Conventional Lease Term Options: Month To Month; Renewal Option Possession: Close Of Escrow Current Use: Commercial; Residential Possible Use: Residential; Investment; Multi-Family; Retail; Warehouse Business Type: Restaurant; Professional Service Property Condition: Updated/Remodeled Building Features: Other Rail Road Track: None Construction Materials: Frame Electric: 200 or Less Amp Service Cooling: Central Air Heating: Electric Water Source: Public Sewer: Septic Tank Parking Features: On Site Lot Features: Near Public Transit Road Frontage Type: State Road Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2019-06-30
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
2808
Street Name
Route 611
City (Post Office)
Tannersville
State
PA
Postal Code
18372

Remarks and Miscellaneous

Public Historical Remarks
Warranty: None, Special Financing: None, Location: FreeStnd, Exterior Amenities: Sign, Potential Use: Building Trades, Miscellaneous: Zoning Code C
Public Remarks
9 unit investment property for sale in Tannersville. The 100% occupied property consists of an 8-unit, 7,189 square foot apartment building and a 4,994 square foot garage. Buildings are situated on 1.32 acres along Route 611 and serviced by public water and on-site septic (public sewer available).

Status Change Information

Purchase Contract Date
2020-02-17
Close Date
2020-03-17
Close Price
710000

More Information

Unit Details

Number Of Units Leased
9

Income and Expenses

Cap Rate
8.4

Building Features

Number of Levels
3
Other
Yes

Location, Tax, and Legal

Parcel Number
12.8.2.15
Municipality
Pocono Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
2165.89
School Tax Amount
7620.89
Tax Annual Amount
9786.77
Tax Assessed Value
56330
Tax Book Number
2522/2269
Zoning Description
Commercial

Business Type

Restaurant
Yes
Professional Service
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lease Term Options

Month To Month
Yes
Renewal Option
Yes

Possession

Close Of Escrow
Yes

Current Use

Residential
Yes
Commercial
Yes

Possible Use

Residential
Yes
Warehouse
Yes
Retail
Yes
Investment
Yes
Multi-Family
Yes

Property Condition

Updated/Remodeled
Yes

Rail Road Track

None
Yes

Construction Materials

Frame
Yes

Electric

200 or Less Amp Service
Yes

Cooling

Central Air
Yes

Heating

Electric
Yes

Water Source

Public
Yes

Sewer

Septic Tank
Yes

Parking Features

On Site
Yes

Lot Features

Near Public Transit
Yes

Road Frontage Type

State Road
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.