Skip To Content

803 Carlton Rd

South Sterling, PA 18460
  • $450,000
  • STATUS: Active
  • ON SITE: 197 Days
  • MLS #: PM-95320
$450,000
  • 0
    BEDS
  • 1.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,669
    SQFT
  • $79
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Projected $9,050 monthly gross income. Seller financing possible. Possible Joint Venture opportunity. Buy this property, invest another $165-200k in renovations, and then have an investment worth over $950,000. This 1.67 acre property was previously a successful senior care facility. The township approved the septic and zoning to change to multifamily. Now the property is for sale to the right investor who can work with the township to complete the work required to see this beautiful property transform into a profitable apartment building. Behind the property is a stream and a quaint farm. In front is a historic stone building. Set in this rural area still just a few minutes from Tobyhanna. Property owned by real estate licensee.

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 2022-10-01T00:13:26.57.
www.kellyrealtygroup.com/homes/126811082
Print Image

803 Carlton Rd South Sterling, PA 18460

  • Price: $450,000
  • Status: Active
  • On Site: 197 Days
  • MLS #: PM-95320
0
Beds
0
Baths
0
½ Baths
1.67
Acres
5,669
SQFT
$79
$/SQFT
1900
Built
Neighborhood:
Z Not In A Development
County:
Wayne
Area:
Dreher Township
School District:
Wallenpaupack Area
Property Description
Projected $9,050 monthly gross income. Seller financing possible. Possible Joint Venture opportunity. Buy this property, invest another $165-200k in renovations, and then have an investment worth over $950,000. This 1.67 acre property was previously a successful senior care facility. The township approved the septic and zoning to change to multifamily. Now the property is for sale to the right investor who can work with the township to complete the work required to see this beautiful property transform into a profitable apartment building. Behind the property is a stream and a quaint farm. In front is a historic stone building. Set in this rural area still just a few minutes from Tobyhanna. Property owned by real estate licensee.
Exterior Features

Exterior Vinyl Siding Parking Paved Road Paved

Interior Features

1 Bedroom Units 3.00 2 Bedroom Units 4.00 Basement Yes Bathrooms Old Cooling None Efficiency Units 2.00 Heating BaseboardElectric Kitchen Old Unit1 Beds 1.00 Unit1 Sq Ft 439.00 Unit2 Sq Ft 354.00 Unit3 Sq Ft 426.00 Unit4 Beds 2.00 Unit4 Sq Ft 604.00

Property Features

Financing CashOther - See Remarks Foreclosure No Gross Income 108600.00 Hot Water Electric Multifamily Type ConvertedOther - See Remarks Net Income 87252.00 Possession Settlement Sewer OtherSeptic Taxes 5513.00 Total Units 9 Unit1 Rent 900.00 Unit2 Rent 800.00 Unit3 Rent 800.00 Unit4 Rent 1150.00 Utility Billing Separate Electric Water Well Zoning Commercial

Listing information © 2022 Pocono Mountains Association of Realtors. Courtesy of Re/Max Property Specialists - Pocono Lake: (570) 972-2940.


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 2022-10-01T00:13:26.57.
 
https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-95320-2.jpg https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-95320-2.jpg https://bt-photos.global.ssl.fastly.net/pocono/1280_boomver_1_PM-95320-2.jpg
Logo
Keller Williams Real Estate
637 Main Street, Suite 320
Stroudsburg PA, 18360