Two-Unit Property with
For Sale
$449,000
221 Upper Swiftwater Road, Cresco, PA 18326
Commercial Sale, Cresco, PA
Property Size2,884 SF
Lot Size2.05 Acres
Price / SF$155.69
Days on Market59
Property Features for 221 Upper Swiftwater Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Basement
Unfinished, Full
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Pocono Township
Standard status
Active
APN
12.12.2.15-1
Size
2,884 SF
Lot size
2.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5692
Utilities
Heating system
Natural Gas
Water source
Well
Building Details
Year built
1935
Floors in Building
2
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
Keller Williams Real Estate - Stroudsburg · Keller Williams Realty
Listed By:
Jeanine Planer
(570) 421-2890
Added: Aug 26
Changed: Oct 8
Last Checked: Oct 23 at 4:06PM
MLS# PM-144534
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.
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Investment Insights
Based on property information with market context.
This 2,884-square-foot duplex on 2.05 acres contains two residential units with a combined four bedrooms and two full bathrooms. The upper unit is occupied by a long-term tenant, while the lower unit has previously served as both a long-term rental and an Airbnb. A billboard on the property adds another income source. Built in 1935, the property has wood siding, a shingle roof, natural gas heat, well water, a basement, and a storage shed.
The property is located at 221 Upper Swiftwater Road in Cresco, within Pocono Township, and carries commercial zoning subject to township requirements and approvals. It includes ample parking and provides access to Route 611 and I-80. Shopping, restaurants, Sanofi, area employers, and Pocono attractions are identified nearby.
The property is located at 221 Upper Swiftwater Road in Cresco, within Pocono Township, and carries commercial zoning subject to township requirements and approvals. It includes ample parking and provides access to Route 611 and I-80. Shopping, restaurants, Sanofi, area employers, and Pocono attractions are identified nearby.
Key Highlights
- 2.05‑acre property with 2,884 square feet of building area
- Two‑unit layout with 4 bedrooms and 2 full baths
- Upper unit occupied by a long‑term tenant
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.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
69
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Commercial zoning, on-site parking, and a billboard create several established and potential income sources.
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: 2.05‑acre property with 2,884 square feet of building area; Two‑unit layout with 4 bedrooms and 2 full baths; Upper unit occupied by a long‑term tenant
