Date
Details
Price
Change
Source
6/26/2026
Listed
$3,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$3,950,000 Just Listed
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1/22
Property Description
Rare Investment Opportunity to Purchase This Portfolio of Fully Occupied New Construction Workforce Housing in Single Neighborhood w Community Amenities. Fourteen brand-new single-family homes in one transaction - all built 2025-2026, all leased, all cash-flowing day one. Located inside A Pocono Country Place, a 4,500-home gated community with 24/7 manned access, 4 pools, 2 lakes, 8 tennis courts, and 3 clubhouses - ideal for tenant retention. The portfolio includes 10 Colonials and 4 Ranches, each 4bd/3ba on a quarter-acre wooded lot with stainless appliances and modern finishes. New construction means zero deferred maintenance; 100% occupancy means no lease-up risk. The expense structure sets this offering apart: tenants pay all utilities, heat, water, lawn, snow, and pest control. Landlord costs are limited to taxes, insurance, and HOA. The result is $356,400 in gross annual rent, $219,496 NOI, and a 5.56% cap at ask. Ranch rents alone trail market by $268/mo. Priced at $282,183 per unit, a 5.3% discount to weighted Zestimate and below the $300,000 comp that closed nearby in May 2026. Owner financing available - call for terms. 85 miles to Midtown Manhattan with daily bus service to NYC. Management in place via DoorLoop and fully assumable. A clean fit for 1031 buyers facing a deadline, BTR operators scaling quickly, or family offices tired of assembling SFRs one at a time. Full OM and financials available under NDA.
Full Property Details
Full Property Details for 123 Main St
General
- Price: $3,950,000
- HOA FEE: $2,086/month
- HOA FEE FREQ.: Annually
- Taxes: $77,252 (2026)
- Status: Active
- Type: Multi-Family
- Source: 2102
- MLS ID: PM-142570
- Updated: 6/26/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Kitchen Island, Laminate Counters, Double Vanity, Walk-In Closet(s), Recessed Lighting
- Appliances: Electric Oven, Refrigerator, Water Heater, Dishwasher, Microwave, Stainless Steel Appliance(s)
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 42
- Full Bathrooms: 42
Other Rooms
- Laundry: Main Level, Electric Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Security, Gated, Clubhouse, Playground, Outdoor Pool, Tennis Court(s), Basketball Court, Game Court Exterior, Sport Court
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Total Spaces: 32
- Parking: 32
Location
- County: Monroe
- Subdivision: A Pocono Country Place
Community
- Community Features: Security, Gated, Clubhouse, Playground, Outdoor Pool, Tennis Court(s), Basketball Court, Game Court Exterior, Sport Court
- Association: Yes
- Assoc. Fees Include: Security, Maintenance Road
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s), Electric, Varies by Unit
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial, Ranch
- Exterior Const.: T1-11, Vinyl Siding
- Roof: Asphalt, Fiberglass, Shingle
- Stories/Levels: 2
- Sq. Ft. Source: Estimated
- Current Bldg. Use: Residential
- Year Built: 2025
Unit Information
- Units in Building: 10
Lot Features
- Lot Size (Acres): 3.72
- Lot Size (Sq. Ft.): 162,043.2
- Street/Road Desc.: Paved
- Lot Features: Cul-De-Sac, Level, Back Yard, Front Yard, Cleared
Financial Considerations
- Association Fee: Yes
- Association Fee: $25,032
- Assoc Fee Freq.: Annually
- Tax Amount: $77,252
- Tax Year: 2026
- Terms: Cash, Owner May Carry, 1031 Exchange
Disclosures and Reports
- Special Conditions: Standard
- APN: 03.8B.2.96
Listed by Redstone Run Realty, LLC - Stroudsburg, Xander J Weidenbaum
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Listing agent
— 123 Main St —
Xander J Weidenbaum
Redstone Run Realty, LLC - Stroudsburg
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 123 Main St
School District:Pocono Mountain School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 Main St
Estimate the Cost
Estimate the Cost for 123 Main St
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,984Sq. Ft.
- Townhouse
- Active
- Updated 2 days ago
- 3Beds
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,909Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 2,224Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
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123 Main Street, Tobyhanna, PA 18466 (MLS# PM-142570) is a Multi-Family property with units containing 0 bedrooms and 42 full bathrooms. 123 Main Street is currently listed for $3,950,000 and was received on June 26, 2026. Want to learn more about 123 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Tobyhanna? You can browse all Tobyhanna real estate or contact a Coldwell Banker agent to request more information.