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129 Piney Woods Drive

Jim Thorpe, PA 18229

3

1

2,028 Sq.Ft.

Single Family Residential

$219,900

Year Built

1976

Price per sq.ft

$108

Well maintained Ranch home is being offered by its original owners. This 1,440 Sqft home has 3 Bedrooms and 1 Full Bath. Situated privately on .46 acres in Penn Forest Township in the Bear Creek Lakes community, including 24-hour security , tennis courts, basketball courts, Olympic sized pool and many other amenities. Owners added large addition in the rear which offers great additional living space. In the partially finished basement you'll find additional living space / Bedroom, wood-burning stove, laundry room, and a water proofing system that goes along the whole perimeter of the basement. This home also has a metal roof that was recently installed and a whole house generator (ran off propane). The private yard is fenced in with a deck and a shed for storage. The HOA allows STR. Schedule your showing today!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

9.68%

Avg. Monthly Income

$3,300

Expenses

$330

Long-term rental strategy

Cap Rate

4.9%

Avg. Monthly Income

$1,588

Expenses

$104

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