Skip To Content

167 Old Stagecoach Rd

Gilbert, PA 18331
  • $999,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: PM-98919
UPDATED: 167 min ago
$999,000
  • 0
    BEDS
  • 9.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,105
    SQFT
  • $196
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Ratings & Info

School District:

Description

Established facility for the serious equestrian. MAIN RESIDENCE: The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated 3/4 bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage. APARTMENT COMPLEX: Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellentrental history with a group of stable & good tenants who would like to stay on. STABLE COMPLEX: Handsomely appointed box stalls. Beautiful & spacious indoor riding arena with heated lounge. Grooming/tack area conveniently situated at entrance of indoor ring. Restroom, hot walker, 6 paddocks. Footing in indoor ring belongs to current tenant & will be removed in August when tenant leaves. She will replace with basic footing or sell footing to new owner. Pond in rear of property. Ample parking for both cars & trailers. Separate 9 stall barn + shed row with stalls that can be used for quarantine. Separate outbuildings to house sawdust & equipment. Although there are 40 stalls in total, current Nutrient Management Program (NMP) allows for 20 horses on the property- this can change depending on number of pastures in use. The NMP can be purchased from current tenant. Details on file. Enjoy the income this property produces! Annual gross rent of $63,600 which includes rent of stable complex. Rent is way below market value - projected increase in rent is between 8-9K more per year. Could never build all the infrastructure at this price! Non-conformance agreement for zoning. Large barn & indoor arena on separate meter. Upper barn, outside lighting, garage, & well pump & laundry room on separate meter. Proof of financial qualifications must be sent to listing broker prior to any showings. Thank you. LIST OF EXCLUDED ITEMS THAT BELONG TO TENANT WHO IS RENTING OUT STABLE IS ON FILE.

Monthly Payment Calculator



Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2022-08-18T00:13:14.147.
www.kellyrealtygroup.com/homes/130784269
Print Image

167 Old Stagecoach Rd Gilbert, PA 18331

  • Price: $999,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 167 min ago
  • MLS #: PM-98919
0
Beds
0
Baths
0
½ Baths
9.77
Acres
5,105
SQFT
$196
$/SQFT
1985
Built
Neighborhood:
Z Not In A Development
County:
Monroe
Area:
Chestnuthill Township
School District:
Pleasant Valley
Property Description
Established facility for the serious equestrian. MAIN RESIDENCE: The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated 3/4 bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage. APARTMENT COMPLEX: Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellentrental history with a group of stable & good tenants who would like to stay on. STABLE COMPLEX: Handsomely appointed box stalls. Beautiful & spacious indoor riding arena with heated lounge. Grooming/tack area conveniently situated at entrance of indoor ring. Restroom, hot walker, 6 paddocks. Footing in indoor ring belongs to current tenant & will be removed in August when tenant leaves. She will replace with basic footing or sell footing to new owner. Pond in rear of property. Ample parking for both cars & trailers. Separate 9 stall barn + shed row with stalls that can be used for quarantine. Separate outbuildings to house sawdust & equipment. Although there are 40 stalls in total, current Nutrient Management Program (NMP) allows for 20 horses on the property- this can change depending on number of pastures in use. The NMP can be purchased from current tenant. Details on file. Enjoy the income this property produces! Annual gross rent of $63,600 which includes rent of stable complex. Rent is way below market value - projected increase in rent is between 8-9K more per year. Could never build all the infrastructure at this price! Non-conformance agreement for zoning. Large barn & indoor arena on separate meter. Upper barn, outside lighting, garage, & well pump & laundry room on separate meter. Proof of financial qualifications must be sent to listing broker prior to any showings. Thank you. LIST OF EXCLUDED ITEMS THAT BELONG TO TENANT WHO IS RENTING OUT STABLE IS ON FILE.
Exterior Features

Exterior Vinyl Siding Parking Garage Road Paved

Interior Features

1 Bedroom Units 1.00 2 Bedroom Units 2.00 4 Bedroom Units 1.00 Basement Yes Bathrooms Modern Cooling Wall/Window Unit(S) Heating ElectricHotwaterSee Remarks Kitchen Modern Unit1 Baths 3.00 Unit1 Beds 4.00 Unit1 Sq Ft 5105.00 Unit2 Baths 1.00 Unit2 Beds 2.00 Unit2 Sq Ft 0.00 Unit3 Baths 1.00 Unit3 Beds 2.00 Unit3 Sq Ft 0.00 Unit4 Baths 1.00 Unit4 Beds 1.00 Unit4 Sq Ft 0.00

Property Features

Financing CashConventional Foreclosure No Gross Income 63600.00 Hot Water Electric Multifamily Type ComplexOther - See Remarks Possession 34-45 DaysNegotiable Sewer Septic Total Units 4 Water PrivateWell Zoning R-1

Listing information © 2022 Pocono Mountains Association of Realtors


Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2022-08-18T00:13:14.147.
 
https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-98919-2.jpg https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-98919-2.jpg https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-98919-2.jpg
Logo
Keller Williams Real Estate
637 Main Street, Suite 320
Stroudsburg PA, 18360