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1509 Locust Lane

Tobyhanna, PA 18347

3

2

1,232 Sq.Ft.

Single Family Residential

$210,000

Year Built

1964

Price per sq.ft

$170

Welcome to your charming ranch home in Locust Lake! This residence has been lovingly cared for by its owners, who have invested time and care into making it a cozy haven. 3 bedrooms and 1.5 baths, this home offers a perfect blend of comfort and style. Step inside and discover a delightful bonus room with a built-in bar – an ideal space for entertaining friends and family. Don't miss the converted garage space located at the rear of the home, transformed into a huge game room for endless fun and relaxation. The heart of this home features a brand-new kitchen and updated baths, providing modern convenience and style. The bonus room comes complete with an epoxy floor, enhancing its appeal and durability. Imagine evenings spent in this inviting space, enjoying the built-in bar and creating lasting memories. Schedule your showing today!

Property Investment Potential

Short-term rental strategy

Cap Rate

5.04%

Avg. Monthly Income

$2,287

Expenses

$309

Long-term rental strategy

Optimal strategy

Cap Rate

6.05%

Avg. Monthly Income

$1,912

Expenses

$107

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