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40 Lipo Way

Albrightsville, PA 18210

3

2

2,342 Sq.Ft.

Single Family Residential

$359,900

Year Built

1989

Price per sq.ft

$154

Great Potential for STR Opportunity! Brand New Roof! This 3 Bedroom 2 bath Saltbox w/ full basement 4 decks & loft is located in amenity filled community Towamensing Trails. Home offers so many options. Full basement that has rough plumbing for a potential 3rd full bath. There are also 2 other rooms in the basement that can be utilized or removed to convert basement into a large game room. Community amenities include a 190 acre lake, outdoor pool, clubhouse w/ bar & restaurant, beach area, marina, basketball & tennis courts. paddle boat rentals. You can ride ATV and Golf Carts around the community. Within 20 minutes of all of the Poconos Main Attractions Property backs up to The Bethlehem Watershed and Game Lands. Home is tenant occupied. Seller is a PA Licensed Realtor

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

4.7%

Avg monthly income

$2,948

Expenses

$322

Long-term rental strategy

Cap Rate

4.04%

Avg monthly income

$2,047

Expenses

$108

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