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7-unit mixed use apartment building for sale including 6 efficiency apartments and one 3 beds, 1 bath apartment. Inactive historic bar/restaurant with liquor license on 1st floor which could be converted to additional units or continue operations as a turnkey bar/restaurant with a full kitchen. Very close proximity to Bethel Woods, Big Bear Ski Lodge, the Delaware river, and other attractions in the Poconos making it attractive for year-round tourism. Each of the furnished units are fully occupied on a month-to-month basis without leases in place paying $1,000 per month. Owner occupies the 3-bed unit. Operating costs are roughly 15k per year (taxes are 7850, sewer 3k, insurance 2k). Brand new propane Furnace with 2 new electric water heaters. The property could also be used as a short-term rental. Located just five minutes from New York State and two-and-a-half-hours from New York City, NJ, and Philadelphia. The large lot size suggests room for further development of the grounds. Owner will be open to a short-term owner financing with minimum 375k down at a desirable 5% interest rate with balloon payment at end of term. Capitalize on the region's housing shortage and tourism draw the Poconos brings and this could be a cash cow to add to your portfolio.
| DAYS ON MARKET | 2 | LAST UPDATED | 9/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1830 | COMMUNITY | Berlin Township (13901) |
| COUNTY | WAYNE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WAYNE HIGHLANDS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Berlin Township (13901) |
| CONSTRUCTION | Other |
| HEAT | Baseboard, Electric, Propane |
| LOT | 0.52 acre(s) |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 7850 |
| WATER | Well |
| ZONING | RETAIL TRADE-EATING &DRINKING (SERVICE) & APT |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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