2808 Route 611, Tannersville, PA 18372
$710,000
Property Type:
Commercial Sale
Square Footage:
12,183
Lot Size (sq. ft.):
57,499
Status:
Closed
Current Price:
$710,000
List Date:
1/10/2020
Last Modified:
5/09/2025
Description
9 unit investment property for sale in Tannersville. The 100% occupied property consists of an 8-unit, 7,189 square foot apartment building and a 4,994 square foot garage. Buildings are situated on 1.32 acres along Route 611 and serviced by public water and on-site septic (public sewer available).
More Information MLS# PM-69642
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $710,000
Current Price: $710,000
Status: Closed
Listing Contract Date: 2019-06-30
Location, Tax, and Legal
Parcel Number: 12.8.2.15
Municipality: Pocono Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 2165.89
School Tax Amount: 7620.89
Tax Annual Amount: 9786.77
Tax Assessed Value: 56330
Tax Book Number: 2522/2269
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 12183
Stories: 3
Number Of Buildings: 2
Year Built Source: Other
Lot Size Acres: 1.32
Sign On Property YN: No
List Price/SqFt: 77.9
Sold Price/SqFt: 58.28
Building Area Total: 12183
Year Built: 1902
Remarks and Miscellaneous
Public Historical Remarks: Warranty: None, Special Financing: None, Location: FreeStnd, Exterior Amenities: Sign, Potential Use: Building Trades, Miscellaneous: Zoning Code C
Public Remarks: 9 unit investment property for sale in Tannersville. The 100% occupied property consists of an 8-unit, 7,189 square foot apartment building and a 4,994 square foot garage. Buildings are situated on 1.32 acres along Route 611 and serviced by public water and on-site septic (public sewer available).
Unit Details
Number Of Units Leased: 9
Business Type
Restaurant: 1
Professional Service: 1
Income and Expenses
Cap Rate: 8.4
Listing Terms
Cash: 1
Conventional: 1
Lease Term Options
Month To Month: 1
Renewal Option: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Commercial: 1
Possible Use
Residential: 1
Warehouse: 1
Retail: 1
Investment: 1
Multi-Family: 1
Property Condition
Updated/Remodeled: 1
Building Features
Number of Levels: 3
Other: 1
Rail Road Track
None: 1
Construction Materials
Frame: 1
Electric
200 or Less Amp Service: 1
Cooling
Central Air: 1
Heating
Electric: 1
Water Source
Public: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Lot Features
Near Public Transit: 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: 2808
Street Name: Route 611
City (Post Office): Tannersville
State: PA
Postal Code: 18372
Status Change Information
Purchase Contract Date: 2020-02-17
Close Date: 2020-03-17
Close Price: 710000
Property Features
Listing Terms: Cash; Conventional
Lease Term Options: Month To Month; Renewal Option
Possession: Close Of Escrow
Current Use: Commercial; Residential
Possible Use: Residential; Investment; Multi-Family; Retail; Warehouse
Business Type: Restaurant; Professional Service
Property Condition: Updated/Remodeled
Building Features: Other
Rail Road Track: None
Construction Materials: Frame
Electric: 200 or Less Amp Service
Cooling: Central Air
Heating: Electric
Water Source: Public
Sewer: Septic Tank
Parking Features: On Site
Lot Features: Near Public Transit
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
KW Commercial - Main St
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.
