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1136 Summit Terrace

East Stroudsburg, PA 18301

3

2

2,166 Sq.Ft.

Single Family Residential

$324,900

Year Built

1989

Price per sq.ft

$150

Welcome to this stunning 3 bedroom 2 bathroom renovated furnished property for sale! The newly updated kitchen with modern appliances and elegant tile showers in the bathrooms are just the beginning of what this property has to offer. In addition to being a wonderful permanent residence or vacation home, this property also has the potential to generate significant income as a short-term rental. The full basement with a walkout provides additional storage or living space, while the proximity to community amenities and major area amenities make this property incredibly convenient for renters. Whether you're looking to invest in a profitable rental property or simply enjoy the benefits of a spacious and updated home, this property has everything you need to feel comfortable and happy. The short-term rental permit has already been approved by the Township. The new owner will have to get their own permit, but all the requirements have already been met! Don't miss out on the opportunity to generate significant rental income - schedule a viewing today and discover all the potential this property has to offer!

Property Investment Potential

Short-term rental strategy

Cap Rate

-

Avg. Monthly Income

N/A

Expenses

$261

Long-term rental strategy

Optimal strategy

Cap Rate

5.17%

Avg. Monthly Income

$2,341

Expenses

$111

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