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5502/ 5500 Route 115, Blakeslee, PA 18610

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For Sale

$499,900

8 beds • 4 baths • 3,045 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 2002
    Year built

  • $164.17
    Price per square foot

  • Fireplace
    Fireplace Description

Explore this Property

Welcome to your dream retreat! This stunning property offers NO COMMUNITY DUES and spans 5.78 acres, featuring a charming pond and over 400 feet along the stocked Tobyhanna Creek! Let's dive into the highlights:Nature at its best: The small pond attracts seasonal migrant birds like the Limpkin from Florida and Canadian geese, adding a delightful touch. The picturesque streamside is part of a fishing club with lease rights for just $300 a month-perfect for fishing enthusiasts!Two amazing homes: The first, near Route 115, is an over/under duplex. The lower level offers a formal bedroom with a family room (great for extra sleeping space), while the top floor boasts 2 bedrooms, each with a full bath and laundry-ideal for rental income or family use! The second home, a peaceful 5-bedroom, 2-bath getaway tucked away from Route 115, is perfect as a vacation spot. It's across from the 36-acre Austin T. Blakeslee Natural Area (public) and near 12 privately owned acres across the creek-pure nature bliss!Prime location: Enjoy a commuter-friendly spot while surrounded by nature's beauty.Income potential: The lower level of the 5502 building currently earns $1,100/month, and the recently leased upstairs is at $1,300. Add the $300/month creek lease, and you're looking at $2,700/month! This could cover a mortgage (6.5% interest, 30 years, 5% down on a $500K price). Plus, the 5-bedroom home could be a short-term rental, offsetting the remaining $600/month in taxes and insurance, leaving room for family use-or keep it all for yourself!With no dues or community rules, this private oasis offers flexibility and freedom. Come see it, make lifelong memories, and book your appointment today! Square footage calculated by floor plans in the photos provided.
MLS# PM-134434

Listed By CENTURY 21 Select Group

Property Features

  • Appliances
    Dishwasher, Microwave, Range / Oven
  • Cooling
    Central A/C
  • Exterior Description
    Vinyl Siding
  • Exterior Living Space
    Patio, Porch
  • Fireplace Description
    Fireplace
  • Flooring
    Tile
  • Heating Type
    Forced Air
  • Lot Size
    5.78 Acres
  • Roof
    Asphalt / Fiberglass
  • Style
    Contemporary
  • Zoning
    Residential

Map and Directions

Directions to 5502/ 5500 Route 115, Blakeslee, PA 18610

Home seller Meet the Agent,
Daniel Seip

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Daniel Seip

of CENTURY 21 Select Group

(570) 580-5555
Learn More About Me

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.