2995 Long Pond Rd

Pocono Summit, PA 18346

$1,405,000
Last Sold Price
30
Beds
18
Baths
6,972 Sq. Ft.
$202 / Sq. Ft.
6,972
Sq. Ft.
$202
per Sq. Ft.
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Closed 9/30/24
Closed 9/30/24
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Description

An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building....An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building. Situated on over 3.5 acres, and just seconds from the I-380 and Rt-940 intersection, it offers unparalleled access to major routes. It's just a few minutes away from Pocono Summit, Mt Pocono, the Kalahari Resort and the popular Tannersville Outlets. Don't miss out on this exceptional investment opportunity in a prime location!
  1. Listed by Dina K. Evangelou • Keller Williams Real Estate
    P: (610)-972-9385 C: (610)-972-9385 dinae@kw.com
  2. Listed by Ted Evangelou • Keller Williams Real Estate
    P: (610)-435-1800 C: (610)-435-1800 tedevangelou@kw.com

Property Details for 2995 Long Pond Road

Senior Community
No
Subdivision Name
Not in Development
LISTING CLOSED: 09/30/2024 12:00 AM

Property Details for 2995 Long Pond Road

StatusClosed
MLS #741122
Days on Market17
Taxes$9,474 / year
HOA Fees-
Condo/Co-op Fees$5,200 semi-monthly
Property TypeMulti Family
MLS TypeResidential Income / Detached
Year Built1950
Lot Size1.90 AC / 82,764 SF
CountyMonroe County
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Location

Listing Courtesy of Keller Williams Real Estate

Sold By Keller Williams Allentown

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Building Information for 2995 Long Pond Road

Stories1Residences18Year Built1950Building Size-Lot Size1.90 AC / 82,764 SF

Payment Calculator

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$18,331 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,141

Property Taxes

$790

HOA Dues

$10,400

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Property Information for 2995 Long Pond Road

Summary
Location and General Information
  • Country Subdivision: 42089
  • Directions: I-80 to I-380 North to Rt-940 East, to Long Pond Road, to 2993 Long Pond Road, Property on your left.
  • Latitude: 41.105585
  • Longitude: -75.403523
  • MLS Area Major: Tobyhanna Twp
  • Zoning: R-1- Low Density Resident
Taxes and HOA
  • Parcel Number: 19634500604870
  • Tax Annual Amount: $9,474
  • Tax Assessed Value: $339,380
School Information
  • Elementary School District: Pocono Mountain
  • High School District: Pocono Mountain
  • Middle Or Junior School District: Pocono Mountain
Parking
  • Carport: Yes
  • Parking Total: 30.0
Property
Lot Information
  • Living Area: 6972.0
  • Lot Size Acres: 1.9
  • Lot Size Area: 82764.0
  • Lot Size Square Feet: 82764.0
Property and Assessments
  • Year Built: 1950
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Yes
  • Heating: Yes
  • Stories: 1
  • Stories Total: 1
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $.00
  • Gardener Expense: $4,000.00
  • Gross Income: $168,060
  • Insurance Expense: $10,000.00
  • Maintenance Expense: $5,200.00
  • Net Operating Income: $118,777
  • Operating Expense: $17,075.00
  • Other Expense: $600.00
  • Professional Management Expense: $.00
  • Trash Expense: $3,300.00
  • Water Sewer Expense: $2,775.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Actual Rent Range: 750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: 2995 Long Pond Rd - Detached
  • Unit Type Occupant Type: Occupied
  • Unit Type Total Rent: $750.00
  • Unit Type Unit Num: 18
Unit 2
  • Unit Type Total Rent: $17.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 1.0
  • Unit Type Area Units: 2993 Long Pond Rd - Apt 101
  • Unit Type Pet Deposit Per Pet: Yes
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $3.00
  • Unit Type Num Full Baths: 1100
  • Unit Type Occupant Type: 15
Unit 5
  • Unit Type Unit Num: 2
  • Unit Type Furnished: Occupied
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
  • Unit Type Num Full Baths: 14
Unit 6
  • Unit Type Pro Forma: 1
  • Unit Type Total Rent: $2.00
  • Unit Type Unit Num: 210 Sophie Ln - Apt 101
  • Unit Type Description: Occupied
  • Unit Type Garage Spaces: 775.0
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
Unit 7
  • Unit Type Pet Deposit: $1
  • Unit Type Pet Deposit Per Pet: Yes
  • Unit Type Garage Spaces: 12.0
Unit 8
  • Unit Type Num Half Baths: 1
  • Unit Type Area Units: Occupied
  • Unit Type Description: 600.0
  • Unit Type Furnished: 11
Unit 9
  • Unit Type Month To Month: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Occupant Type: 218 Sophie Ln - Apt 103
  • Unit Type Beds Total: 675
  • Unit Type Description: 10
Unit 10
  • Unit Type Leased: Yes
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
  • Unit Type Beds Total: 9

Property History for 2995 Long Pond Road

DateEvent & SourcePriceAppreciation
Sep 30, 2024

Closed

GLVRMLS #741122

$1,405,000—
Jul 23, 2024

Pending

GLVRMLS #741122

—
Jul 6, 2024

Listed (Active)

GLVRMLS #741122

$1,300,000—
DateEvent & SourcePrice
09/30/2024

Closed

GLVRMLS #741122

$1,405,000
07/23/2024

Pending

GLVRMLS #741122

—
07/06/2024

Listed (Active)

GLVRMLS #741122

$1,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2995 Long Pond Road

Taxable ValueLand$54,800Additions$282,380Total$337,180
Tax Record2025$2,689 ($224 / month)
Home Facts
Total Finished SqFt1,532 SqFtAbove Grade Finished SqFt1,532 SqFtStories1Lot Size64,469 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningR-1CountyMONROEAPN19.4.1.18

Schools near 2995 Long Pond Road

This home is within Pocono Mountain School District.
Rating
School
Type
Grades
Distance
Clear Run Intermediate School
Public - 3 to 6
Pocono Mountain West Junior High School
Public - 7 to 8
Pocono Mountain West High School
Public - 9 to 12
Clear Run El Center
Public - K to 2
Rating
School
Distance
Clear Run Intermediate School
Public3 to 6

Pocono Mountain West Junior High School
Public7 to 8

Pocono Mountain West High School
Public9 to 12

Clear Run El Center
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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–
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Listing Courtesy of Keller Williams Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.