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Mixed-Use 7-Unit Multifamily Property

111 Rippling Brook Road Canadensis, PA 18325

New
111 Rippling Brook Road, Canadensis, PA, 18325
$700,000
For Sale
Claim this Listing
$700,000

COMMERCIAL - Canadensis, PA

Property Size3,874 SF
Lot Size10.13 Acres
Price / SF$180.69
AddedJul 10
Days on Market6
Last RefreshJul 15 at 2:06 am

Property Features for 111 Rippling Brook Road

General Information

Property type
Commercial Sale
Property subtype
Other
Basement
Crawl Space
Standard status
Active
APN
01.23.1.19
Size
3,874 SF
Lot size
10.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13590

Utilities

Heating system
Electric (Heating), Baseboard

Building Details

Year built
1928
Floors in Building
1
Building materials
Wood Siding
Roof type
Shingle

Listing agent Colleen Farnan O'Hara

Listing office WEICHERT Realtors Acclaim - Tannersville 2920 Route 611, Tannersville, PA

Listing date Jul 10, 2026

MLS# PM-143002

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 mixed-use 7-unit multifamily property offers a unit mix of studio, one-bedroom, and two-bedroom configurations. The current condition is split: three units are in great shape but need some repairs, while four units are ready for renovation, providing a clear value-add path for the right buyer. Set on 10.13 acres, the site features a stream flowing through the property, along with mature trees and a quiet, natural setting.

Located at 111 Rippling Brook Road in Canadensis, PA within Barrett Township, the property is described as STR-friendly and does not have an HOA. Prospective buyers should review township regulations and confirm permitted uses as part of their due diligence.

For investors, developers, or entrepreneurs seeking an income-producing residential asset with mixed-use flexibility, this property’s combination of acreage, unit count, and renovation-ready opportunities may fit a range of strategies, subject to buyer verification and local requirements.

Key Highlights

  • 10.13‑acre property in Barrett Township with Mixed Use Zoning and no HOA
  • 7‑unit property: 5 studios, four 1‑bedroom units, and two 2‑bedroom units
  • Three units need some repairs; four units are ready for renovation

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 $65.5k $16.92
− Vacancy −$2.4k −$0.63
EGI $63.1k $16.29
− OpEx −$28.4k −$7.33
NOI $34.7k $8.96
3,874 SF · lease $16.92/SF/yr · vacancy 3.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$496.0K
$434.0K – $578.6K (±1% cap)
NOI $34,718 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,168 @ 7.0% cap · market cap 11.60%
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 ...

Suggested Use

Law Firm Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven-unit multifamily on 10.13 acres with mixed-use zoning and no HOA in Barrett Township.
Where is this apartment building located?
The property is located at 111 Rippling Brook Road Canadensis, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 10.13‑acre property in Barrett Township with Mixed Use Zoning and no HOA; 7‑unit property: 5 studios, four 1‑bedroom units, and two 2‑bedroom units; Three units need some repairs; four units are ready for renovation
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