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Starting Price: 218,000
Property Taxes: 4,097.70
3 Bed / 3 Bath
1,440 Sq Ft
1.07 Acres
Vinyl Siding
Attic Storage
1-Car Attached Garage
Baseboard Heating
Unfinished Basement
Septic & Well
ARV: 335,000
Comps:
215 Spicebush Drive, East Stroudsburg, PA 18301 sold 380,000
1808 Jennifer Drive, East Stroudsburg, PA 18301 sold 343,900
Deal Summary:
This modular home investment opportunity in Kunkletown, Monroe County offers investors an affordable entry point with strong upside potential for either a fix-and-flip or long-term rental strategy. Priced at just $79,900 with an estimated ARV of $145,000, the property provides a potential $65,100 gross value spread before renovation and holding costs, supported by nearby comparable sales ranging from $130,000 to $155,000. Built in 1989, the home features 3 bedrooms, 2 baths, and 1,200 sq ft on a spacious 1.14-acre lot, giving investors plenty of land and privacy to enhance its appeal. Additional features including wood siding, propane gas, septic and well utilities, a large yard, and a storage shed add functionality and value. With a low acquisition price, substantial lot size, and proven comparable sales, this property presents a compelling opportunity to create equity through improvements or generate long-term rental income in the Pocono region.
**Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!**
