5502 Rte 115, Blakeslee, PA 18610

$550,000
9
BD
4
BA
4,143
SqFt

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List Price
$550,000
MLS#
PM-145430
Bedrooms
9
Bathrooms
4
Full-baths
4
Sq. Ft
4,143
Acres
5.78
Year Built
1902

Property Description

Imagine coming home to 5.78 acres of pure freedom, no community dues, no HOA rules, just your land. This rare property gives you room to breathe, explore, and create the lifestyle you've always wanted. Wake up to the peaceful sight of your own pond, where seasonal birds like the Florida Limpkin and Canadian geese stop to visit. Wander down to your 400+ feet along the stocked Tobyhanna Creek, where you can fish, relax, or simply enjoy the sound of moving water. You have exclusive access to some of the best streamside fishing in the area. The Duplex is perfect for generating income or hosting extended family. Both Units have 2 bedrooms and full bathrooms and laundry, this is an incredible setup for rental income or multigenerational living. The Main Home features 5 bedrooms and 2 baths and is directly across from the 36 acre Austin T. Blakeslee Natural Area and near 12 privately owned acres across the creek. Enjoy the best of both worlds: a commuter friendly location paired with the peace and quiet of a wooded retreat. You're seconds from major routes, yet it feels like a world away. This Property Helps Pay for Itself. This is where the numbers get exciting. The first-floor unit is currently rented for $1,300/month. The second-floor unit can be rented for $1,500/month or more. There is a current fishing club lease for $325/month. This brings the total revenue at $3,125/month. That's enough to cover the principal and interest payment on a $550K purchase (6.5% interest, 30 years, 10% down). And the 5 bedrooim home? It's a perfect ST Rental opportunity, easily offsetting taxes and insurance while still giving you plenty of time to enjoy it yourself. With no community dues, no restrictions, and two homes on nearly 6 acres, you're free to use this property exactly how you want--live, rent, vacation, invest, or all of the above This is more than a home. It's a retreat, an income generator, and a legacy property all in one

Additional Information

Taxes
$7,782
Style
Contemporary, Other, Traditional
Utilities
Cable Available, Propane Tank Leased
Roof
Shingle
Lot Size
251,776
Heating
Electric, Propane
Water
Well

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Listing provided by Keller Williams Real Estate - Stroudsburg

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