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154 Elk Run Road

Pocono Lake, PA 18347

3

2

1,406 Sq.Ft.

Single Family Residential

$359,000

Year Built

1986

Price per sq.ft

$255

Selling fully furnished! Chalet style home with open concept in sought-after, Short-Term Renter Friendly (STR) Locust Lake Village! Only a few blocks to the lake! This gem offers seller upgraded floors, security cameras, air-conditioning, appliances and all new furnishings! Newer roof (2019 and water heater (2020). Relax and grill, take in the peacefulness of the Poconos on one of the 3 decks where one is screened in. Many amenities offered in LLV including a ski hill w tow bar, chalet, tennis courts, basketball court, and 5 lakes with 3 beaches. Neighborhood is golf cart and ATV friendly! Home comes with a canoe so bring your fishing rods! Move in ready! All buyers can only enter property with a licensed realtor. (Cameras on site recording.)

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

7.49%

Avg. Monthly Income

$4,278

Expenses

$350

Long-term rental strategy

Cap Rate

2.9%

Avg. Monthly Income

$1,850

Expenses

$106

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