105 Burney Lane, Sciota, PA 18354
$775,000
Property Type:
Commercial Sale
Square Footage:
9,010
Lot Size (sq. ft.):
462,172
Status:
Closed
Current Price:
$775,000
List Date:
12/31/2018
Last Modified:
3/03/2025
Description
REDUCED! 13 Residential Unit Investment Complex consisting of 2 homes and multiple cottages & apartments. Completely redone in the last 5 years. Good return at a 8.5% cap rate, ideal for someone to live on premises and collect income. Upside potential-expansion possibilities. SELLER FINANCING TO QUALIFIED BUYERS.
More Information MLS# PM-40493
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $775,000
Current Price: $775,000
Status: Closed
Listing Contract Date: 2016-10-12
Location, Tax, and Legal
Parcel Number: 07.13.1.44-1
Municipality: Hamilton Township
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 1064.29
School Tax Amount: 7443.21
Tax Annual Amount: 8507.51
Tax Assessed Value: 45580
Tax Book Number: 2364/5210
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 8010
Stories: 1
Number Of Buildings: 7
SqFt. Below Grade (Legacy): 1000
Year Built Source: Other
Lot Size Acres: 10.61
List Price/SqFt: 94.34
Sold Price/SqFt: 86.02
Building Area Total: 9010
Year Built: 1989
Remarks and Miscellaneous
Public Historical Remarks: Roof: Ridged, Level: Grade, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C
Public Remarks: REDUCED! 13 Residential Unit Investment Complex consisting of 2 homes and multiple cottages & apartments. Completely redone in the last 5 years. Good return at a 8.5% cap rate, ideal for someone to live on premises and collect income. Upside potential-expansion possibilities. SELLER FINANCING TO QUALIFIED BUYERS.
Unit Details
Number Of Units Leased: 13
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Building Features
Number of Levels: 1
Other: 1
Construction Materials
Frame: 1
Roof
Other: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Oil: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 105
Street Name: Burney
Street Suffix: Lane
City (Post Office): Sciota
State: PA
Postal Code: 18354
Status Change Information
Price Change Timestamp: 2018-12-31T18:38:58Z
Purchase Contract Date: 2019-05-10
Close Date: 2019-06-14
Close Price: 775000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Commercial
Building Features: Other
Construction Materials: Frame
Roof: Other
Cooling: Wall/Window Unit(s)
Heating: Electric; Oil
Water Source: Well
Sewer: Septic Tank
Parking Features: On Site
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
TACM Commerical Realty Inc.
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
