611/651 Main Street, Tobyhanna, PA 18466
$925,000
Property Type:
Residential Income
Square Footage:
5,490
Lot Size (sq. ft.):
42,253
Status:
Closed
Current Price:
$925,000
List Date:
8/14/2021
Last Modified:
3/13/2025
Overview
Description
Listing Details MLS# PM-90582
General Property Information
- Building Area Total
- 5490
- Building Area Source
- Public Records
- Stories
- 2
- Number Of Buildings
- 2
- Year Built
- 1902
- Basement YN
- No
- Lot Size Acres
- 0.97
- Sign On Property YN
- No
- List Price/SqFt
- 200.36
- Sold Price/SqFt
- 168.49
Property Features
Listing Terms:
Cash; Conventional
Tenant Pays:
Electricity
Possession:
Close Of Escrow
Laundry Features:
Common Area
Roof:
Shingle
Cooling:
Ceiling Fan(s); Wall/Window Unit(s); Separate Meters
Heating:
Electric
Water Heater:
Electric
Appliances:
Water Heater
Water Source:
Public
Sewer:
Septic Tank
Road Surface Type:
Paved
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2021-08-09
- Listing Service
- Full Service
Location Tax and Legal
- County
- Monroe
- Street Number
- 611/651
- Street Name
- Main
- Street Suffix
- Street
- City (Post Office)
- Tobyhanna
- State
- PA
- Postal Code
- 18466
Remarks and Miscellaneous
- Public Historical Remarks
- Utility Billing: Separate Electric, Type: Built as Apartment, Kitchens: Modern, Bathrooms: Modern, Miscellaneous: Zoning Code C-3, Miscellaneous: Cert of Occ Req'd No
- Public Remarks
- Multifamily investment for sale in Tobyhanna. The two-building package includes 11 units and has been recently renovated including new roofs, laundry rooms, and remodeling of most units. Proximity to major area employers including Tobyhanna Army Depot, Walmart Distribution Center, Sanofi, and Kalahari Resorts. Fully occupied investment.
Status Change Information
- Purchase Contract Date
- 2021-09-30
- Close Date
- 2022-01-10
- Close Price
- 925000
More Information
Income and Expenses
- Gross Income
- 123420
- Net Operating Income
- 87296
Unit 1
- Occupied YN
- Y
- SqFt Total
- 0
Unit 2
- Occupied YN
- Y
- SqFt Total
- 0
Unit 3
- Occupied YN
- Y
- SqFt Total
- 0
Unit 4
- Occupied YN
- Y
- SqFt Total
- 0
Unit 5
- Occupied YN
- Y
- SqFt Total
- 0
Unit 6
- Occupied YN
- Y
- SqFt Total
- 0
Unit 7
- Occupied YN
- Y
- SqFt Total
- 0
Unit 8
- Occupied YN
- Y
- SqFt Total
- 0
Unit 9
- Occupied YN
- Y
- SqFt Total
- 0
Unit Details
- Efficiency
- Yes
- 1 Bedroom
- 7
- 2 Bedroom
- 3
Location, Tax, and Legal
- Parcel Number
- 03.11.2.24
- Municipality
- Coolbaugh Township
- High School District
- Pocono Mountain
- Cnty&Muni Taxes (Legacy)
- 861.79
- School Tax Amount
- 2904.34
- Tax Annual Amount
- 8035
- Tax Assessed Value
- 145910
- Tax Book Number
- 2558/8822
- Zoning Description
- Commercial
Currently Not Used
- Number Of Units Total
- 11
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Tenant Pays
- Electricity
- Yes
Possession
- Close Of Escrow
- Yes
Laundry Features
- Common Area
- Yes
Roof
- Shingle
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Wall/Window Unit(s)
- Yes
- Separate Meters
- Yes
Heating
- Electric
- Yes
Water Heater
- Electric
- Yes
Appliances
- Water Heater
- Yes
Water Source
- Public
- Yes
Sewer
- Septic Tank
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
KW Commercial - Main St
Last Updated: March - 13 - 2025
Information deemed reliable but not guaranteed.
