5502/ 5500 Route 115, Blakeslee, PA 18610
Local realty services provided by:Better Homes and Gardens Real Estate Wilkins & Associates
5502/ 5500 Route 115,Blakeslee, PA 18610
$499,900
- 8 Beds
- 4 Baths
- 3,045 sq. ft.
- Single family
- Active
Listed by:daniel seip
Office:century 21 select group - blakeslee
MLS#:PM-134434
Source:PA_PMAR
Price summary
- Price:$499,900
- Price per sq. ft.:$164.17
About this home
NO COMMUNITY, NO DUES, 5.78 ACRES W/POND & OVER 400' OF THE STOCKED TOBYHANNA CREEK!!! LET'S START W/WATER, SMALL POND GETS MIGRANT BIRDS SEASONALLY, NAMELY A LIMPKIN FROM FLORIDA & THE GEESE FROM CANADA, TO ENJOY, THE BEAUTIFUL STREAM SIDE HAS A FISHING CLUB W/ LEASE RIGHTS OF $300 A MONTH. THE 1ST HOME BY 115 IS A OVER & UNDER DUPLEX, 1 FORMAL BEDROOM W/FAMILY ROOM (POSSIBLE BEDROOM USE), TOP FLOOR IS 2 BEDROOMS, BOTH 1 FULL BATHS W/LAUNDRY!!! THE 2ND HOME IS A 5 BEDROOM 2 BATH THAT CAN BE USED AS YOUR VACATION GET AWAY A BIT FARTHER OFF OF ROUTE 115, ITS PRETTY PEACEFUL GIVEN THE AUSTIN T BLAKESLEE NATURAL AREA OF OVER 36 ACRES IS ACROSS THE STREET FOR THE PUBLIC & OVER 12 ACRES ACROSS THE CREEK IS PRIVATELY OWNED AS WELL!!! FULL OF NATURES BEST & A AMAZING COMMUTER LOCATION TOO!!! IF YOU FOLLOWED ALONG THIS FAR LET'S LOOK TO THE INCOME. CURRENTLY THE LOWER LEVEL OF THE 5502 BUILDING IS GENERATING $1100 A MONTH, THE UPSTAIRS IS RECENTLY VACANT BUT SHOULD ASCERTAIN THE SAME AMOUNT IF NOT MORE BECAUSE OF THE TRUE 2 BEDROOM IT PROVIDES. THE CREEK LEASE, PREVIOUSLY MENTIONED AT $300 BRINGS INCOME POSSIBILITIES TO $2500 A MONTH WHICH SHOULD PROVIDE COVERAGE OF A MORTGAGE BASED OFF OF 6.5% INTEREST AT 30 YEARS WITH 5% DOWN ON A $500K PURCHASE PRICE. HERE'S WHERE A POSSIBLE SHORT TERM RENTAL OF THE VACATION / 2ND 5 BEDROOM HOME CAN SURELY MAKE FOR PRODUCING INCOME AFTER PAYING THE REMAINING OVERHEAD OF APPROXIMATELY $800 A MONTH IN TAXES & INSURANCE TO PROVIDE YOUR FAMILIES USE AS WELL, OR JUST KEEP IT FOR YOUR OWN USE ONLY, IT'S A WIN WIN PRETTY MUCH ANY WAY YOU LOOK AT IT SO MAKE YOUR PERSONAL CHOICE & ENJOY PRIVATE PROPERTY WITH NO DUES OR COMMUNITY RULES AND REGULATIONS TO ADHERE TOO!!! COME SEE TO APPRECIATE, BUY TO MAKE MEMORIES OF A LIFETIME!!! BOOK YOUR APPOINTMENT NOW!!! SQ FT MEASURED W/FLOOR PLAN LAYOUT SEE PHOTOS & FLOOR PLANS PROVIDED.
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Home facts
- Year built:2002
- Listing Id #:PM-134434
- Added:13 day(s) ago
- Updated:August 06, 2025 at 04:50 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,045 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Heating, Propane
Structure and exterior
- Year built:2002
- Building area:3,045 sq. ft.
- Lot area:5.78 Acres
Utilities
- Water:Shared Well
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$164.17
- Tax amount:$7,533
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