Residential Income Property with Four
113 Ward Avenue Mount Pocono, PA 18344
113 Ward Avenue, Mount Pocono, PA, 18344
$399,900
For Sale
$399,900
COMMERCIAL - Mount Pocono, PA
Property Size2,208 SF
Lot Size0.50 Acres
Price / SF$181.11
Days on Market68
Property Features for 113 Ward Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 10.6.1.1-16
- Size
- 2,208 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Out Of 1 3
- Tax Annual Amount
- 10675
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Building materials
- Brick
Listing Agency
Amantea Real Estate
(570) 215-7200
4 Center Ave, Mount Pocono, PA
Listed by
Jennifer-Lynn Amantea
(570) 215-7200
Added: May 12 Checked: Jul 18 at 10:06 am
MLS# PM-141203
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property is configured with four separate rentals: a beauty salon, an electrical business, a long-term rental, and an Airbnb. The property is offered for sale and totals 2,208 square feet on a 0.5-acre lot.
The property is located in Mount Pocono, off Route 611, with convenient access to I-80/380 and nearby Pocono attractions.
For investors or owner-operators looking for a mixed rental setup, the existing four-unit configuration provides a straightforward way to manage multiple income streams under one roof.
The property is located in Mount Pocono, off Route 611, with convenient access to I-80/380 and nearby Pocono attractions.
For investors or owner-operators looking for a mixed rental setup, the existing four-unit configuration provides a straightforward way to manage multiple income streams under one roof.
Key Highlights
- Brick construction with electric heating
- Cooling includes window/wall unit(s)
- Built in 1978
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $16.92 |
| − Vacancy | −$1.4k | −$0.63 |
| EGI | $36.0k | $16.29 |
| − OpEx | −$16.2k | −$7.33 |
| NOI | $19.8k | $8.96 |
2,208 SF · lease $16.92/SF/yr · vacancy 3.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$282.7K
$247.3K – $329.8K
NOI $19,787 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$660.9K
$578.3K – $771.0K
NOI $46,262 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Residential income property currently configured with four rentals, including a beauty salon, electrical business, long-term rental, and Airbnb.
Where is this short term rental property located?
The property is located at 113 Ward Avenue Mount Pocono, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Brick construction with electric heating; Cooling includes window/wall unit(s); Built in 1978
