Ranch Triplex with Cottage &
For Sale
$345,000
2328 Lakeside Drive, Tobyhanna, PA 18466
MULTI_FAMILY - Ranch - Tobyhanna, PA
Property Size1,882 SF
Lot Size0.62 Acres
Price / SF$183.32
Days on Market113
Property Features for 2328 Lakeside Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning description
Multi-Family
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Basement, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 5
Patio and Porch features
Porch
Interior features
Eat-in Kitchen, Kitchen Island
Fireplace
1
Basement
Partial, Unfinished
Appliances
Electric Oven, Electric Range, Refrigerator, Water Heater, Microwave, Washer, Dryer
Lot features
Level, Cleared, Wooded
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Coolbaugh Township
Standard status
Active
APN
03.10.1.9
Size
1,882 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3075
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Water source
Well
Building Details
Year built
1949
Floors in Building
1
Number of units
3
Flooring type
Tile, Wood
Building materials
T1-11
Roof type
Asphalt, Fiberglass
Architectural style
Ranch
Listing Agency:
RE/MAX Crossroads · RE/MAX International
(570) 424-8850
Listed By:
Yarrow A. Wilkins · License #RM423056
(570) 424-8850
Added: Apr 15
Changed: Aug 1
Last Checked: Aug 5 at 12:06AM
MLS# PM-140380
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.
Ranch-style three-unit income property on 0.62 acres (1882 SF) in Coolbaugh Township, offered with no HOA. The setup includes a 3BR/1.5BA ranch, a separate 2BR/1BA cottage, and an efficiency. Interior features include an eat-in kitchen and a kitchen island, with tile and wood flooring. Electric heating serves the property, supported by a well water supply and septic tank. A fireplace and porch are included.
The home sits steps from Tobyhanna Lake and is surrounded by state gamelands, supporting outdoor recreation access. Construction is T1-11, and the roof is fiberglass/asphalt.
The home sits steps from Tobyhanna Lake and is surrounded by state gamelands, supporting outdoor recreation access. Construction is T1-11, and the roof is fiberglass/asphalt.
Key Highlights
- Three‑unit configuration: 3BR/1.5BA ranch, 2BR/1BA cottage, and an efficiency
- Steps from Tobyhanna Lake; surrounded by state gamelands in Coolbaugh Township
- No HOA
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 | $27.1k | $14.40 |
| − Vacancy | −$954 | −$0.51 |
| EGI | $26.1k | $13.89 |
| − OpEx | −$7.8k | −$4.17 |
| NOI | $18.3k | $9.73 |
1,882 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.5K
$228.8K – $305.1K
NOI $18,303 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$240.9K
$210.8K – $281.1K
NOI $16,866 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$563.3K
$492.9K – $657.2K
NOI $39,432 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 18466, PA
17,000
Population
7,892
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
35.0 sq mi
ZIP Area
486
Density / Sq Mi
$77,508
Median Household Income
$35,396
Median Earnings
$1,795
Median Rent
$181,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit ranch-style income property with well water, septic, electric heat, and porch, near Tobyhanna Lake.
Where is this triplex located?
The property is located at 2328 Lakeside Drive Tobyhanna, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Three‑unit configuration: 3BR/1.5BA ranch, 2BR/1BA cottage, and an efficiency; Steps from Tobyhanna Lake; surrounded by state gamelands in Coolbaugh Township; No HOA
