123 Main Street, Tobyhanna, PA 18466
Local realty services provided by:CENTURY 21 Select Group
123 Main Street,Tobyhanna, PA 18466
$3,950,000
- - Beds
- 42 Baths
- 26,068 sq. ft.
- Multi-family
- Active
Listed by: xander j weidenbaum
Office: redstone run realty, llc. - stroudsburg
MLS#:PM-142570
Source:PA_PMAR
Price summary
- Price:$3,950,000
- Price per sq. ft.:$151.53
About this home
Rare Investment Opportunity to Purchase This Portfolio of Fully Occupied New Construction Workforce Housing in Single Neighborhood w Community Amenities. Fourteen brand-new single-family homes in one transaction - all built 2025-2026, all leased, all cash-flowing day one. Located inside A Pocono Country Place, a 4,500-home gated community with 24/7 manned access, 4 pools, 2 lakes, 8 tennis courts, and 3 clubhouses - ideal for tenant retention. The portfolio includes 10 Colonials and 4 Ranches, each 4bd/3ba on a quarter-acre wooded lot with stainless appliances and modern finishes. New construction means zero deferred maintenance; 100% occupancy means no lease-up risk. The expense structure sets this offering apart: tenants pay all utilities, heat, water, lawn, snow, and pest control. Landlord costs are limited to taxes, insurance, and HOA. The result is $356,400 in gross annual rent, $219,496 NOI, and a 5.56% cap at ask. Ranch rents alone trail market by $268/mo. Priced at $282,183 per unit, a 5.3% discount to weighted Zestimate and below the $300,000 comp that closed nearby in May 2026. Owner financing available - call for terms. 85 miles to Midtown Manhattan with daily bus service to NYC. Management in place via DoorLoop and fully assumable. A clean fit for 1031 buyers facing a deadline, BTR operators scaling quickly, or family offices tired of assembling SFRs one at a time. Full OM and financials available under NDA....
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Home facts
- Year built:2025
- Subdivision & Development:A Pocono Country Place
- Listing ID #:PM-142570
- Added:99 day(s) ago
- Updated:October 04, 2026 at 02:42 PM
Rooms and interior
- Total bathrooms:42
- Full bathrooms:42
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Electric Oven, Kitchen Island, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Living area:26,068 sq. ft.
Heating and cooling
- Cooling:Electric, Varies by Unit, Wall/Window Unit(s)
- Heating:Baseboard, Electric, Heating
Structure and exterior
- Year built:2025
- Building area:26,068 sq. ft.
- Lot area:3.72 Acres
- Lot Features:Cleared, Cul-De-Sac, Level
- Architectural Style:Colonial, Ranch
- Construction Materials:T1-11, Vinyl Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,950,000
- Price per sq. ft.:$151.53
- Tax amount:$77,252
Features and amenities
- Appliances:Dishwasher, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Heater
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Clubhouse, Gated, Outdoor Pool, Playground, Security, Tennis Court(s), Walk-In Closet(s)
Parking
- Parking description:Attached Garage
- Garage:Yes
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