Commercially Zoned Duplex with
For Sale
$449,000
221 Upper Swiftwater Road, Cresco, PA 18326
Two residential units, a storage shed, and on-site billboard income accompany the commercial zoning.
Property Size2,884 SF
Price / SF$155.69
Days on Market70
Property Features for 221 Upper Swiftwater Road
General Information
Standard status
Active
Size
2,884 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,692
Amenities
storage shed
Building Details
Building Size
2,884 SF
Year Built
1935
Buildings
1
Stories
2
Listing Agency:
Keller Williams Real Estate - Stroudsburg
(570) 421-2890
Listed By:
Jeanine Planer
(570) 242-2700
Source:
Amantearealestate
Added: Aug 26
Changed: Nov 2
Last Checked: Nov 2 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate - Stroudsburg
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two units with a combined 4 bedrooms and 2 full bathrooms. The upper unit has a long-term tenant; the lower unit has previously served as a long-term rental and as an Airbnb. The 2,884-square-foot property also includes a storage shed and a billboard on the premises that generates additional income. The parcel spans just over 2 acres and is zoned commercial, with future business or commercial use subject to township requirements and approvals.
Located at 221 Upper Swiftwater Road in Cresco, the property offers access to Route 611 and I-80. Shopping, restaurants, Sanofi, area employers, and Pocono attractions are identified nearby. The building was constructed in 1935.
Located at 221 Upper Swiftwater Road in Cresco, the property offers access to Route 611 and I-80. Shopping, restaurants, Sanofi, area employers, and Pocono attractions are identified nearby. The building was constructed in 1935.
Key Highlights
- Two‑unit duplex with 4 bedrooms and 2 full bathrooms
- 2,884‑square‑foot building on just over 2 acres
- Commercial zoning; future uses subject to township requirements and approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,047
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,940
$560.9K
Cap Rate 7%
$400,671
$400.7K
Cap Rate 9%
$311,633
$311.6K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$41.5K $14.40/SF
− Vacancy
−$1.5K −$0.51/SF
EGI
$40.1K $13.89/SF
− OpEx
−$12.0K −$4.17/SF
NOI
$28.0K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,940
Cap Rate 7%
$400,671
Cap Rate 9%
$311,633
Alternative Uses
Best Use
Multifamily LT 5
$400.7K
$350.6K – $467.5K
NOI $28,047 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$369.2K
$323.1K – $430.8K
NOI $25,845 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$863.2K
$755.3K – $1.01M
NOI $60,426 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 18326, PA
4,291
Population
1,914
Households
2.2
Avg Household Size
48
Median Age
22%
College-Educated
97%
High-School Grad
33.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,827
Median Household Income
$34,911
Median Earnings
$945
Median Rent
$244,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units, a storage shed, and on-site billboard income accompany the commercial zoning.
Where is this duplex located?
The property is located at 221 Upper Swiftwater Road Cresco, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 full bathrooms; 2,884‑square‑foot building on just over 2 acres; Commercial zoning; future uses subject to township requirements and approvals
