123 Main ST, Tobyhanna, PA 18466
123 Main ST, Tobyhanna, PA 18466
123 Main ST, Tobyhanna, PA 18466
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Listed by Xander J Weidenbaum Redstone Run Realty, LLC - Stroudsburg
$3,950,000
Est. payment /mo
42 Baths
3.72 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Municipality Coolbaugh Township

Subdivision A Pocono Country Place

MLS Listing ID PM-142570

Style Colonial,Ranch

Full Baths 42

HOA Fees $2,086

HOA Y/N true

Year Built 2025

Annual Tax Amount $77,252

Tax Year 2026

Lot Size 3.720 Acres

Acres 3.72

Lot Dimensions 3.72

Property Sub-Type Multi Family

Source Pocono Mountains Association of REALTORS®

Property Description

Rare Investment Opportunity to Purchase This Portfolio of Fully Occupied New Construction Workforce Housing in Single Neighborhood w Community Amenities. Fourteen brand-new single-family homes in one transaction - all built 2025-2026, all leased, all cash-flowing day one. Located inside A Pocono Country Place, a 4,500-home gated community with 24/7 manned access, 4 pools, 2 lakes, 8 tennis courts, and 3 clubhouses - ideal for tenant retention. The portfolio includes 10 Colonials and 4 Ranches, each 4bd/3ba on a quarter-acre wooded lot with stainless appliances and modern finishes. New construction means zero deferred maintenance; 100% occupancy means no lease-up risk. The expense structure sets this offering apart: tenants pay all utilities, heat, water, lawn, snow, and pest control. Landlord costs are limited to taxes, insurance, and HOA. The result is $356,400 in gross annual rent, $219,496 NOI, and a 5.56% cap at ask. Ranch rents alone trail market by $268/mo. Priced at $282,183 per unit, a 5.3% discount to weighted Zestimate and below the $300,000 comp that closed nearby in May 2026. Owner financing available - call for terms. 85 miles to Midtown Manhattan with daily bus service to NYC. Management in place via DoorLoop and fully assumable. A clean fit for 1031 buyers facing a deadline, BTR operators scaling quickly, or family offices tired of assembling SFRs one at a time. Full OM and financials available under NDA.

Location

State PA

County Monroe

Community A Pocono Country Place

Area 3.72

Interior

Interior Features Kitchen Island, Laminate Counters, Double Vanity, Walk-In Closet(s), Recessed Lighting

Heating Baseboard, Electric

Cooling Wall/Window Unit(s), Electric, Varies by Unit

Flooring Vinyl

Fireplace No

Laundry Main Level, Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Driveway

Garage Spaces 32.0

Amenities Available Security, Gated, Clubhouse, Playground, Outdoor Pool, Tennis Court(s), Basketball Court, Game Court Exterior, Sport Court

View Y/N No

Roof Type Asphalt,Fiberglass,Shingle

Porch Deck

Total Parking Spaces 4

Garage Yes

Building

Lot Description Cul-De-Sac, Level, Back Yard, Front Yard, Cleared

Sewer Public Sewer

Water Public

Architectural Style Colonial, Ranch

Structure Type T1-11,Vinyl Siding

Schools

School District Pocono Mountain

Others

Tax ID 03.8B.2.96

Acceptable Financing Cash, Owner May Carry, 1031 Exchange

Listing Terms Cash, Owner May Carry, 1031 Exchange

Special Listing Condition Standard


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Andie Katz

Andie Katz

+1(570) 775-5177

Associate Broker | REALTOR® | License ID: AB069370

Associate Broker | REALTOR® License ID: AB069370

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