Listing Agency: Coldwell Banker Pennco Real Estate l***@aim.com Show Phone

Listed By: Lori Pettinato Show Phone

Source: Exprealty

Added: Dec 2, 2024 Changed: Aug 30 Last Checked: Aug 31 at 6:42PM

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Investment Insights

Based on property information with market context.

This apartment property includes 10 freestanding residential units along with a separate vacant building, a shop or garage, and a laundry room. Improvements have been completed across the property during the past 18 months, adding updated elements to the existing improvements without changing the standalone-unit configuration.

The property encompasses 3 lots totaling 3.91 acres. It is identified at 609 Route 115 in Saylorsburg, Pennsylvania, and the property information places it just off Route 33. The combination of multiple residential structures, accessory buildings, and a substantial land area defines the overall site configuration.

Key Highlights

• 10 freestanding apartment units
• Three lots totaling 3.91 acres
• Separate vacant building included

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Garden Center Butcher Law Firm Fish Market Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10

Residential units

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

36

Businesses Nearby

Explore this area Business Placement

Demographics for 18353, PA

11,992

Population

5,376

Households

2.2

Avg Household Size

47

Median Age

32%

College-Educated

92%

High-School Grad

44.4 sq mi

ZIP Area

270

Density / Sq Mi

$88,311

Median Household Income

$52,873

Median Earnings

$1,344

Median Rent

$262,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Freestanding residences are accompanied by shared laundry, a shop or garage, and an additional vacant building.

Where is this apartment building located?

The property is located at 609 Route 115 Saylorsburg, PA.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: 10 freestanding apartment units; Three lots totaling 3.91 acres; Separate vacant building included