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111 Rippling Brook Road

Barrett Twp, PA 18325
  • $850,000
  • STATUS: Available
  • ON SITE: 88 Days
  • MLS #: 705112
UPDATED: 63 min ago
$850,000
  • 9
    BEDS
  • 10.13
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $142
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Area:

School Ratings & Info

School District:

Description

Take advantage of this GREAT OPPORTUNITY to own 10 ACRES of wooded and serene land complete with a small stream running through its SEVEN COTTAGE VILLAGE. Great for fishing, hiking, hunting or just a peaceful getaway! Currently the cottages are rented out to tenants with six month leases bringing in over $7000 monthly but can be used as short term rental like Airbnb for increased cash flow from the 11.7% CAP it currently brings.Cottages are all separately metered for electric and have been updated and newly renovated in the last five years. Add this hidden gem to your investment portfolio or make this your family camping spot!

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© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley 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 Smart Way America Realty. Data last updated 2023-02-03T08:12:59.007.
www.smartwayamerica.com/homes/134577658
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111 Rippling Brook Road Barrett Twp, PA 18325

  • Price: $850,000
  • Status: Available
  • On Site: 88 Days
  • Updated: 63 min ago
  • MLS #: 705112
9
Beds
7
Baths
0
½ Baths
10.13
Acres
6,000
SQFT
$142
$/SQFT
1928
Built
Neighborhood:
Not In Development
County:
Monroe
Area:
Barrett Twp
School District:
Pocono Mountain
Property Description
Take advantage of this GREAT OPPORTUNITY to own 10 ACRES of wooded and serene land complete with a small stream running through its SEVEN COTTAGE VILLAGE. Great for fishing, hiking, hunting or just a peaceful getaway! Currently the cottages are rented out to tenants with six month leases bringing in over $7000 monthly but can be used as short term rental like Airbnb for increased cash flow from the 11.7% CAP it currently brings.Cottages are all separately metered for electric and have been updated and newly renovated in the last five years. Add this hidden gem to your investment portfolio or make this your family camping spot!
Exterior Features

Construction Other Parking Unpaved Lot Parking Spaces 10

Interior Features

Cooling No Air Heat Type Baseboard

Property Features

Electric 0 Gas 0 Gross Income 87000 Heat 0 Net Income 72445 Operating Expense 14555 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Detached Sewer Septic Special Conditions Not Applicable Total Taxes 11355.00 Water Well Water Sewer 0 Zoning Code Mu-V- Mixed Use/Village / Mixed Use-Vill

Listing provided courtesy of Full Circlerealty&Propertymgmt: .


© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley 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 Smart Way America Realty. Data last updated 2023-02-03T08:12:59.007.
 
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Smart Way America Realty
528 Seven Bridge Rd. Suite 107
East Stroudsburg PA, 18301