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    Residential Income Property with Four Rentals

    113 Ward Avenue Mount Pocono, PA 18344

    113 Ward Avenue, Mount Pocono, PA, 18344
    $399,900
    For Sale
    Claim this Listing
    $399,900

    COMMERCIAL - Mount Pocono, PA

    Property Size2,208 SF
    Lot Size0.50 Acres
    Price / SF$181.11
    AddedMay 12
    Days on Market65
    Last RefreshJul 15 at 12:06 am

    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 agent Jennifer-Lynn Amantea

    Listing office Amantea Real Estate 4 Center Ave, Mount Pocono, PA

    Listing date May 12, 2026

    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.

    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 (±1% cap)
    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 (±1% cap)
    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 ...

    Suggested Use

    Parking Lot & Garage Auto Parts Store Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service Cafe & Coffee Shop Carpet & Flooring Store Garden Center Catering Service Veterinary Clinic

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

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    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
    Contact an agent
    (570) 215-7200
    We can help!
    Contact an agent
    Jennifer-Lynn Amantea
    Jennifer-Lynn Amantea
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