$425,000
Stroudsburg, PA 18360
MLS# PM-112493
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Property Description
Incredible investment opportunity in Jackson Township! 9.85-acre, located 3 miles from I-80 & the vibrant Poconos. This versatile property, nestled near Big Pocono, offers a canvas for creative ventures. Easy access to Rt 715 & 80, it's a prime location for the proposed 3-story, 50-80 UNIT APARTMENT/CONDO complex. Tremendous growth potential & catering to nearby regions of NJ, Philly, & NYC. Envisioned w/ a focus on relaxed living, the complex plans emphasize low-maintenance exteriors & earth-toned interiors. Planned amenities include diverse outdoor activities like Bocce Ball courts, pool, tennis courts, scenic walking paths, & communal spaces, fostering vibrant community connections. Securing approvals will boost its value to an estimated $2.75M-$2.95M upon completion.
Details
Maps
Documents
Address Information
Street Number: 45022
Street Name: LR (Mountain Road)
State: PA
Postal Code: 18360
Listing Location Information
Current Price: $425,000
County: Monroe
List Price: $425,000
Subdivision Name: Z Not In A Development
Property Information
Property Sub Type: Commercial
AreaSource: Public Records
Total Acres: 9.85
Office Information
Listing Contract Date: 2024-02-02
Status: Active
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Useable Space
Number of Levels: 3
Nmbr of Rental Units: 80
Miscellaneous
Zoning Code: RC-Recreation/Comm
1st Right of Refusal: N
Property Features
Location: Inside
Parking: None
Road: Paved
Road Type: Twp-rd
Road Frontage Type: Easement
Potential Use: Apartment(s); Recreation
Warranty: None
Heating: None
Cooling: None
Sewer: None
Water Source: None
Utility Service: None
Special Financing: None
Showing Requirements: Showing Service
Occupant Type: Vacant
Lockbox Type: None
Financing: Conventional
Possession: Immediate; Settlement
Plot Plan 
Listing Office: Keller Williams Real Estate - Stroudsburg
Last Updated: February - 02 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.