Comments for 112 SILK STREET , Jim Thorpe, PA 18229
Discover a unique investment opportunity in the heart of Jim Thorpe Borough, where the charm of a historic Colonial twin home meets the potential for significant returns. Built in 1871, this property is ripe for renovation, offering a blank canvas for savvy investors looking to capitalize on the growing demand for mountain living. With three spacious bedrooms and a full bath, the layout is ideal for creating a modern retreat or rental property. The unfinished walkout basement provides additional potential for expansion, while the 0.08-acre lot offers manageable upkeep. Located in a picturesque mountain setting, this property is poised to attract outdoor enthusiasts and those seeking a serene escape, ensuring a steady stream of potential tenants or buyers. Investing here means tapping into a vibrant community with rich history and recreational opportunities. With major rehab needed, the upside is substantial-transform this gem into a sought-after residence and watch your investment flourish! Strictly sold AS-IS.
Accessibility: Above Grade
Location Description: Mountain
Basement: Yes
Lot Dimensions: 0.08 Acre(S)
Basement: Unfinished, Walkout Level
Lot Size: 0.08 Acres
Cooling: None
Sewer: Public Sewer
Days on Market: 22
Taxes: $2,066
Exterior: Asbestos
Water: Public
Fuel Type: None
Year Built: 1871
Heating: Hot Water
School District: JIM THORPE AREA