Duplex Ranch on Wooded
115 Ellison Lane, Cresco, PA 18326
MULTI_FAMILY - Ranch - Cresco, PA
Type:Single Family Residence
Property size:
3,500 SFLot size:
2.71 Acres- Added:
- Apr 22, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 21 at 1:06 am
Property Features for 115 Ellison Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
- Window features
- Wood Frames
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s)
- Fireplace
- 1
- Basement
- Walk-Out Access, Interior Entry, Full, Exterior Entry, Daylight
- Appliances
- Electric Cooktop, Oven, Electric Oven, Refrigerator, Microwave, Washer, Dryer
- Standard status
- Pending
- APN
- 11.5A.4.25
- Size
- 3,500 SF
- Lot size
- 2.71 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 5
- Tax Annual Amount
- 4297
Utilities
- Sewer type
- Septic Tank
- Heating system
- Ductless (Heating), Coal, Fireplace(s), Electric (Heating), Coal Stove, Baseboard
- Cooling system
- Ductless, Ceiling Fan(s), Window Unit(s)
- Water source
- Well
Building Details
- Year built
- 1993
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Linoleum, Carpet, Vinyl, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Paulina Nakielska (570) 402-7767
Listing office Pocono Mountains Real Estate, Inc - Brodheadsville 105 Karl Road PO Box 1611, Brodheadsville, PA (570) 402-7767
Listing date Apr 22, 2026
MLS# PM-140994
Listing URL
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.
HighLights
- Duplex ranch built in 1993 on 2.70 private, wooded acres
- Both units share a front porch and feature a rear deck accessible from each unit’s kitchen
- Each unit has a full above‑grade basement with wood/coal stoves, propane heat, and walk‑out sliding doors
- Unit 2 has been recently refreshed with a split‑unit system and updated flooring plus general remodeling
- Unit 2 includes two full bathrooms, including one with a Jacuzzi tub
- Aluminum carport provides covered parking for two vehicles
Overview
This duplex ranch is situated on 2.70 acres of wooded land, approximately 20 miles from the Delaware Water Gap. The property is located minutes from Mt. Pocono, providing access to schools, shopping, major highways, and other attractions. The property includes a shared front porch, a 12' x 24' entry foyer, and a rear deck accessible from each unit's kitchen. Both units have full above-grade basements with wood/coal stoves, propane heat, and walk-out sliding doors. Unit 1 features a workshop and a laundry room. Both units include eat-in kitchens with cabinet space. Unit 2 has been updated with a split-unit system, updated flooring, remodeling, and a kitchen backsplash, and includes two full bathrooms, one of which has a Jacuzzi tub. An aluminum carport provides space for two vehicles. The property offers potential as a residence with rental income or as an investment property. The property size is 3500 square feet.
Local Financial Insights For Multifamily LT 5
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 | $50.4k | $14.40 |
| − Vacancy | −$1.8k | −$0.51 |
| EGI | $48.6k | $13.89 |
| − OpEx | −$14.6k | −$4.17 |
| NOI | $34.0k | $9.73 |
3,500 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$486.3K
$425.5K – $567.3K
NOI $34,038 @ 7.0% cap · market cap 8.10%
Second Best
Apartment 5plus
$448.1K
$392.1K – $522.8K
NOI $31,366 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.05M
$916.7K – $1.22M
NOI $73,332 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cresco
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.301103
- Latitude
- 41.133065
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Charming duplex ranch on 2.7 acres near Mt. Pocono.
Where is this duplex located?
The property is located at 115 Ellison Lane Cresco, PA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Duplex ranch built in 1993 on 2.70 private, wooded acres; Both units share a front porch and feature a rear deck accessible from each unit’s kitchen; Each unit has a full above‑grade basement with wood/coal stoves, propane heat, and walk‑out sliding doors
