$137,500
$149,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,102 SqFt
SOLD DATE : 07/15/2024
Key Details
Sold Price $137,500
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,102 sqft
Price per Sqft $124
Subdivision Victoria Arms Village
MLS Listing ID 738719
Sold Date 07/15/24
Bedrooms 3
Full Baths 1
Half Baths 2
HOA Y/N No
Year Built 1991
Annual Tax Amount $2,245
Property Sub-Type Townhouse
Property Description
This turn-key, fully occupied, cash-flowing investment property is located in the long-standing Victoria Arms development. The current rents are below market value and can be raised due to the condition and quality of the property. The current cap rate is in the 7's. It has three bedrooms, one full bath, two half baths, a deck, a built-in garage, and a driveway for additional parking. The unit has 1,102 square feet and is within close proximity to Pleasant Valley Schools. The taxes and HOA fees are low. The HOA fees cover exterior structures, roofs, community water and sewer, and lawn maintenance and snow removal. It is conveniently located near Highway 209, with multiple shops, dining, and recreation nearby. It is also close to the Poconos and other outdoor activities. Buyers can purchase this single unit and choose the highest rents, or they can combine it with another unit at 175 Victoria Arms.
Location
State PA
County Monroe
Area Polk Twp
Direction Take 33 North to Stroudsburg. Take Cherry Valley Rd. to Saylorsburg. 209 State Rte 15 to 2nd Exit to Burger Hollow Road. Take Polk Township Rd to Victoria. House is on your left.
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Attached, Garage
Water Access Desc Community/Coop
Total Parking Spaces 1
Garage Yes
Building
Sewer Community/Coop Sewer
Water Community/Coop
Schools
School District Pleasant Valley
Others
Senior Community No
Tax ID 13-622700-49-9534
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition None
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Bought with EXP Realty LLC
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heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA