$276,500
Stroudsburg, PA 18360
MLS# PM-112877
Status: Closed
3069 sqft

1 / 38
Property Description
Amazing Multi-Family Investment Opportunity Ready to Remodel into Your Goldmine! This Three Unit Property Located in the Center of Downtown Stroudsburg Across from Schools and a Two Minute Walk to Downtown Offers a Double Lot and Additional Opportunity to Rent out 40' X 20' Workshop or Garage! This is the Perfect Opportunity as Tenants have been Moved Out and All Units are Ready to be Flipped and Rents Increased! In its Current Condition Property Grossed $26,400 but Offers Endless Opportunity Now for Increases! Property Consists of 3 Units, One is 3 Bedroom, 1 Bath with Walk-Up Attic, also 1 Bedroom First Floor Unit and First Floor Studio! Ready to be Remodeled and Rents Increased to Market Value! And What Had Been a Machine Shop Can Now be Reimagined into a 3 Car Garage to Rent Out or
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $276,500
Current Price: $276,500
Status: Closed
Listing Contract Date: 2024-02-16
Location, Tax, and Legal
Parcel Number: 18-4.1.7.10
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 1664.52
School Tax Amount: 3810.92
Tax Annual Amount: 5475.44
Tax Assessed Value: 143230
Tax Book Number: 2526/8022
Zoning Description: Residential
General Property Information
Building Area Source: Estimated
Stories: 2
Number Of Buildings: 1
Basement YN: Yes
Parking Total: 4
Lot Size Acres: 0.42
List Price/SqFt: 81.39
Sold Price/SqFt: 90.09
Building Area Total: 3069
Year Built: 1902
Currently Not Used
Number Of Units Total: 3
Remarks and Miscellaneous
Public Historical Remarks: Utility Billing: Separate Electric, Type: Converted, Roof: Pitched, Kitchens: SemiMod, Bathrooms: SemiMod, Unit 3 Floor #: 2, Unit 2 Floor #: 1, Unit 1 Floor #: 1, Miscellaneous: Zoning Code R-2, Miscellaneous: Cert of Occ Req'd No
Public Remarks: Amazing Multi-Family Investment Opportunity Ready to Remodel into Your Goldmine! This Three Unit Property Located in the Center of Downtown Stroudsburg Across from Schools and a Two Minute Walk to Downtown Offers a Double Lot and Additional Opportunity to Rent out 40' X 20' Workshop or Garage! This is the Perfect Opportunity as Tenants have been Moved Out and All Units are Ready to be Flipped and Rents Increased! In its Current Condition Property Grossed $26,400 but Offers Endless Opportunity Now for Increases! Property Consists of 3 Units, One is 3 Bedroom, 1 Bath with Walk-Up Attic, also 1 Bedroom First Floor Unit and First Floor Studio! Ready to be Remodeled and Rents Increased to Market Value! And What Had Been a Machine Shop Can Now be Reimagined into a 3 Car Garage to Rent Out or
Unit Details
1 Bedroom: 2
3 Bedroom: 1
Listing Terms
Cash: 1
Conventional: 1
Tenant Pays
Electricity: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: A (Right)
Actual Rent: 650
SqFt Total: 434
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Refrigerator; Stove
Unit 2
Unit #: B (Left)
Actual Rent: 700
SqFt Total: 763
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Refrigerator;Stove
Unit 3
Unit #: 3
Actual Rent: 850
SqFt Total: 870
Rooms Total: 5
Beds Total: 3
Baths Total: 1
Unit Remarks: Appliances: Refrigerator;Stove
Unit 4
SqFt Total: 0
Unit 5
SqFt Total: 0
Unit 6
SqFt Total: 0
Unit 7
SqFt Total: 0
Unit 8
SqFt Total: 0
Unit 9
SqFt Total: 0
Unit 10
SqFt Total: 0
Construction Materials
Vinyl Siding: 1
Roof
Other: 1
Cooling
Separate Meters: 1
None: 1
Heating
Baseboard: 1
Electric: 1
Zoned: 1
Water Heater
Electric: 1
Appliances
Water Heater: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 1090
Street Name: Dreher
Street Suffix: Avenue
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None
Status Change Information
Purchase Contract Date: 2024-02-20
Close Date: 2024-03-19
Close Price: 276500
Property Features
Listing Terms: Cash; Conventional
Tenant Pays: Electricity
Possession: Close Of Escrow
Construction Materials: Vinyl Siding
Roof: Other
Cooling: Separate Meters; None
Heating: Baseboard; Electric; Zoned
Water Heater: Electric
Appliances: Water Heater
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Supplements
Use Imagination! This Property is Listed in "As Is" Condition at this Price and is Ready for Your Sweat Equity for Income! View Quickly as You Typically Do Not Find 3 Unit Buildings in Downtown Stroudsburg!
Listing Office: Keller Williams Real Estate - Stroudsburg 637 Main
Last Updated: May - 07 - 2026
Information deemed reliable but not guaranteed.