Residential Income Property with Four
113 Ward Avenue Mount Pocono, PA 18344
For Sale
$399,900
COMMERCIAL - Mount Pocono, PA
Property Size2,208 SF
Lot Size0.50 Acres
Price / SF$181.11
Days on Market79
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
Listed By:
Jennifer-Lynn Amantea
(570) 215-7200
Added: May 12
Changed: Jul 11
Last Checked: Jul 29 at 1:06AM
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
