1320 Kunkletown Road, Saylorsburg, PA 18353
$1,425,000
Property Type:
Commercial Sale
Square Footage:
11,460
Lot Size (sq. ft.):
930,442
Status:
Closed
Current Price:
$1,425,000
List Date:
11/26/2019
Last Modified:
2/28/2025
Description
Multi-Unit residential investment with 10 apartments at 100% occupancy. Investment also includes up to 60 indoor/outdoor parking spaces and garage rentals at a current 90+% occupancy. Steady income stream with loads of upside. An additional large pad available for more enclosed or open storage spaces. Site consists of 21+ acres of land with approximately 5+ acres zoned commercial nearest to Kunkletown Rd. Remaining lands are mostly cleared and generate income through farming. Value add through expansion of additional concrete pad for more garage rentals.
More Information MLS# PM-74077
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,425,000
Current Price: $1,425,000
Status: Closed
Listing Contract Date: 2019-11-25
Location, Tax, and Legal
Parcel Number: 15.88518
Municipality: Ross Township
High School District: Pleasant Valley
Cnty&Muni Taxes (Legacy): 361.23
School Tax Amount: 2371.54
Tax Annual Amount: 2732.78
Tax Assessed Value: 103480
Tax Book Number: 2307/4022
Zoning Description: Residential
General Property Information
Above Grade Finished Area: 11460
Stories: 1
Number Of Buildings: 2
Year Built Source: Estimated
Lot Size Acres: 21.36
List Price/SqFt: 170.16
Sold Price/SqFt: 124.35
Building Area Total: 11460
Year Built: 1994
Remarks and Miscellaneous
Public Historical Remarks: Location: FreeStnd, Miscellaneous: Zoning Code RR and C
Public Remarks: Multi-Unit residential investment with 10 apartments at 100% occupancy. Investment also includes up to 60 indoor/outdoor parking spaces and garage rentals at a current 90+% occupancy. Steady income stream with loads of upside. An additional large pad available for more enclosed or open storage spaces. Site consists of 21+ acres of land with approximately 5+ acres zoned commercial nearest to Kunkletown Rd. Remaining lands are mostly cleared and generate income through farming. Value add through expansion of additional concrete pad for more garage rentals.
Unit Details
Number Of Units Leased: 10
Business Type
Storage: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Commercial: 1
Possible Use
Residential: 1
Investment: 1
Multi-Family: 1
Building Features
Other: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 1320
Street Name: Kunkletown
Street Suffix: Road
City (Post Office): Saylorsburg
State: PA
Postal Code: 18353
Status Change Information
Purchase Contract Date: 2020-06-16
Close Date: 2020-09-15
Close Price: 1425000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Commercial; Residential
Possible Use: Residential; Investment; Multi-Family
Business Type: Storage
Building Features: Other
Cooling: Wall/Window Unit(s)
Heating: Electric
Water Source: Well
Sewer: Septic Tank
Parking Features: On Site
Road Frontage Type: City Street
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
TACM Commerical Realty Inc.
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.
