$599,400
East Stroudsburg, PA 18302
MLS# PM-143046
3520 sqft
1 / 59
Property Description
Don't miss this exceptional opportunity to own a beautifully renovated, income-producing property with outstanding flexibility! Whether you're looking for a turnkey investment or a place to call home while generating rental income, this property offers endless possibilities. The building is currently configured as four upscale one-bedroom, one-bath luxury apartments, each thoughtfully designed with modern finishes and exceptional attention to detail. Continue operating it as a high-performing four-unit rental, live comfortably in one apartment while collecting income from the other three, or combine two of the units to create a spacious owner's residence and still enjoy rental income from the remaining apartments. Or this could be the perfect ''Mother/ Daughter'' or to keep your In-laws or family Member close by. The choice is yours! Pre-approved items needed prior to showing due to tenants. Each apartment is tastefully appointed with stainless steel appliances, granite countertops, in-unit washers and dryers, generous closet space, upgraded flooring, soaring ceilings, and oversized windows that fill the living spaces with natural light. The recent renovation means the property is in excellent condition, offering a truly turnkey opportunity with minimal maintenance concerns. Located within a desirable gated community, residents enjoy the added benefits of privacy, security, and an attractive setting. The clean, well-maintained building reflects pride of ownership and is ideal for investors seeking quality tenants or owner-occupants looking to offset their housing costs with rental income. Properties offering this combination of flexibility, quality, and income potential rarely become available. Schedule your private showing today and discover all the possibilities this outstanding property has to offer! Current rents charged are low, so there is room to raise them. Owner is a Licensed Pennsylvania Real Estate Broker.
Details
Maps
Contract Information
Property Attached YN: Yes
Rent Control YN: Yes
Listing Service: Full Service
Lease Considered YN: Yes
Subsurface Rights YN: No
Property Sub Type: Apartment
List Price: $599,400
Current Price: $599,400
Status: Active
Listing Contract Date: 2026-07-15
Location, Tax, and Legal
Parcel Number: 09.96994
Unit Number: 101
Municipality: Middle Smithfield Township
High School District: East Stroudsburg Area
Tax Subdivision Name: Keystone Hollow Corp Hillside Tract
County Tax Amount: 1073.39
Municipal Tax Amount: 342.95
School Tax Amount: 6206.37
Tax Other Annual Assessment Amount: 212.8
Tax Annual Amount: 7835.51
Tax Assessed Value: 195970
Tax Year: 2025
Tax Map Number: 09733300870233
Tax Lot: 6
Tax Book Number: 2616
Tax Page Number: 1382
Deed Recording Date: 2022-08-19
Tax Legal Description: Lot 6
Additional Parcels YN: No
Zoning Description: Residential
Common Interest: None
Land Lease YN: No
General Property Information
Bathrooms Half: 0
Above Grade Finished Area: 3520
Below Grade Finished Area: 0
Living Area: 3520
Living Area Source: Owner
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0
Building Area Source: Owner
Stories: 2
Stories Total: 2
Number Of Buildings: 1
Direction Faces: West
Year Built Source: Public Records
Fireplace YN: Yes
Green Features YN: No
Units Furnished: None
Basement YN: No
Smart Home Features YN: No
Power Production/Storage YN: No
Pool Private YN: No
Spa YN: No
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 12
Parking Total: 12
Lot Size Acres: 1
Horse YN: No
View YN: No
Water Body Access YN: No
Association YN: Yes
Association Fee: 2520
Association Fee Frequency: Annually
Capital Improvement Fee: 2520
Senior Community YN: No
Sign On Property YN: Yes
List Price/SqFt: 170.28
Bathrooms Full: 4
Building Area Total: 3520
Year Built: 1990
Currently Not Used
Number Of Units Total: 4
Remarks and Miscellaneous
Public Remarks: Don't miss this exceptional opportunity to own a beautifully renovated, income-producing property with outstanding flexibility! Whether you're looking for a turnkey investment or a place to call home while generating rental income, this property offers endless possibilities.
The building is currently configured as four upscale one-bedroom, one-bath luxury apartments, each thoughtfully designed with modern finishes and exceptional attention to detail. Continue operating it as a high-performing four-unit rental, live comfortably in one apartment while collecting income from the other three, or combine two of the units to create a spacious owner's residence and still enjoy rental income from the remaining apartments. Or this could be the perfect ''Mother/ Daughter'' or to keep your In-laws or family Member close by. The choice is yours!
Pre-approved items needed prior to showing due to tenants.
Each apartment is tastefully appointed with stainless steel appliances, granite countertops, in-unit washers and dryers, generous closet space, upgraded flooring, soaring ceilings, and oversized windows that fill the living spaces with natural light. The recent renovation means the property is in excellent condition, offering a truly turnkey opportunity with minimal maintenance concerns.
Located within a desirable gated community, residents enjoy the added benefits of privacy, security, and an attractive setting. The clean, well-maintained building reflects pride of ownership and is ideal for investors seeking quality tenants or owner-occupants looking to offset their housing costs with rental income.
Properties offering this combination of flexibility, quality, and income potential rarely become available. Schedule your private showing today and discover all the possibilities this outstanding property has to offer!
Current rents charged are low, so there is room to raise them.
Owner is a Licensed Pennsylvania Real Estate Broker.
Unit Details
Efficiency: 1
1 Bedroom: 3
Income and Expenses
Net Operating Income: 42823
Total Actual Rent: 66600
Operating Expense: 22445
Vacancy Allowance Rate: 7
Insurance Expense: 4020
Electric Expense: 1474
Sewer Expense: 2800
Trash Expense: 923
Maintenance Expense: 1013
Gardener Expense: 3569
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing Lease Type
Gross: 1
Owner Pays
Water: 1
Insurance: 1
Association Fees: 1
Common Area Maintenance: 1
Tenant Pays
Electricity: 1
Hot Water: 1
Sewer: 1
Grounds Care: 1
Snow Removal: 1
Trash Collection: 1
See Remarks: 1
Disclosures
Owner Licensed Real Estate: 1
Resale Certificate: 1
Income Includes
Rent Only: 1
Operating Expense Includes
Vacancy Allowance: 1
Insurance: 1
Association: 1
Water/Sewer: 1
Trash: 1
Maintenance: 1
Maintenance Grounds: 1
Snow Removal: 1
Financial Data Source
Owner: 1
Property Manager: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Possession
Close Of Escrow: 1
Common Walls
2+ Common Walls: 1
Current Use
Residential: 1
Investment: 1
Property Condition
Updated/Remodeled: 1
Year Built Effective: 2024
Unit 1
Unit #: 1
Occupied YN: Yes
Actual Rent: 1600
SqFt Total: 920
Rooms Total: 2
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: No
Unit 2
Unit #: 2
Occupied YN: Yes
Actual Rent: 1225
SqFt Total: 536
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: No
Unit 3
Unit #: 3
Occupied YN: Yes
Actual Rent: 1225
SqFt Total: 1036
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit 4
Unit #: 4
Occupied YN: Yes
Actual Rent: 1500
SqFt Total: 936
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Interior Features
Breakfast Nook: 1
Breakfast Bar: 1
Pantry: 1
Eat-in Kitchen: 1
Granite Counters: 1
High Ceilings: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
In-Law Floorplan: 1
Recessed Lighting: 1
Track Lighting: 1
Ceiling Fan(s): 1
Fireplace Features
Fireplaces Total: 2
Family Room: 1
Tile: 1
None: 1
Laundry Features
In Unit: 1
Multiple Locations: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Luxury Vinyl: 1
Tile: 1
Window Features
Wood Frames: 1
Double Pane Windows: 1
Triple Pane Windows: 1
Construction Materials
Brick: 1
Shake Siding: 1
Stucco: 1
Vinyl Siding: 1
Batts Insulation: 1
Foundation Details
None: 1
Roof
Asphalt: 1
Shingle: 1
Electric
200+ Amp Service: 1
Cooling
Central Air: 1
Ductless: 1
Zoned: 1
Heating
Baseboard: 1
Central: 1
Ductless: 1
Forced Air: 1
Water Heater
Electric: 1
Appliances
Electric Cooktop: 1
Electric Oven: 1
Self Cleaning Oven: 1
Refrigerator: 1
Microwave: 1
Stainless Steel Appliance(s): 1
Washer/Dryer Stacked: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Alarm: 1
Firewall(s): 1
Security Gate: 1
Smoke Detector(s): 1
Smart Home Features
Smoke Detector(s): 1
Other Equipment
None: 1
Water Source
Well: 1
Sewer
Public Sewer: 1
Utilities
Underground Utilities: 1
Meter Information
Number Of Separate Electric Meters: 5
Exterior Features
None: 1
Patio And Porch Features
Front Porch: 1
None: 1
Parking Features
Unassigned: 1
Common: 1
Parking Lot: 1
Off Street: 1
Paved: 1
Other Structures
None: 1
Lot Features
Near Golf Course: 1
Road Frontage Type
Road Frontage Length: 181
Road Surface Type
Paved: 1
Road Responsibility
Private Maintained Road: 1
View
Mountain(s): 1
Water Body View
No: 1
Association Amenities
Gated: 1
None: 1
Association Fee Includes
See Remarks: 1
Location Tax and Legal
County: Monroe
Street Number: 115
Street Name: Imperial
Street Suffix: Drive
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18302
Subdivision Name: Summer Glen Of The Poconos
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional; 1031 Exchange
Existing Lease Type: Gross
Owner Pays: Water; Insurance; Association Fees; Common Area Maintenance
Tenant Pays: Electricity; Hot Water; Sewer; Grounds Care; Snow Removal; Trash Collection; See Remarks
Income Includes: Rent Only
Operating Expense Includes: Vacancy Allowance; Insurance; Association; Water/Sewer; Trash; Maintenance; Maintenance Grounds; Snow Removal
Financial Data Source: Owner; Property Manager
Disclosures: Resale Certificate; Owner Licensed Real Estate
Possession: Close Of Escrow
Common Walls: 2+ Common Walls
Current Use: Residential; Investment
Property Condition: Updated/Remodeled
Interior Features: Breakfast Nook; Breakfast Bar; Pantry; Eat-in Kitchen; Granite Counters; High Ceilings; Vaulted Ceiling(s); Walk-In Closet(s); In-Law Floorplan; Recessed Lighting; Track Lighting; Ceiling Fan(s)
Fireplace Features: Family Room; Tile; None
Laundry Features: In Unit; Multiple Locations
Flooring: Ceramic Tile; Laminate; Luxury Vinyl; Tile
Window Features: Wood Frames; Double Pane Windows; Triple Pane Windows
Construction Materials: Brick; Shake Siding; Stucco; Vinyl Siding; Batts Insulation
Foundation Details: None
Roof: Asphalt; Shingle
Electric: 200+ Amp Service
Cooling: Central Air; Ductless; Zoned
Heating: Baseboard; Central; Ductless; Forced Air
Appliances: Electric Cooktop; Electric Oven; Self Cleaning Oven; Refrigerator; Microwave; Stainless Steel Appliance(s); Washer/Dryer Stacked
Security Features: Carbon Monoxide Detector(s); Fire Alarm; Firewall(s); Security Gate; Smoke Detector(s)
Smart Home Features: Smoke Detector(s)
Other Equipment: None
Water Source: Well
Sewer: Public Sewer
Utilities: Underground Utilities
Exterior Features: None
Patio And Porch Features: Front Porch; None
Parking Features: Unassigned; Common; Parking Lot; Off Street; Paved
Other Structures: None
Lot Features: Near Golf Course
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
View: Mountain(s)
Water Body View: No
Association Amenities: Gated; None
Association Fee Includes: See Remarks
Listing Office: RGB Real Estate LLC
Last Updated: July - 15 - 2026
Information deemed reliable but not guaranteed.