$425,000
East Stroudsburg, PA 18302
MLS# PM-107670
Status: Closed
5928 sqft
1 / 36
Property Description
Property is Under Contract and considering back-up offers only at this time. An EXTRAORDINARY OPPORTUNITY to own a REMARKABLE 3-unit income property on OVER 46 ACRES of pristine land. Just 15mins from DWG & 90mins from NYC, it offers tranquility & accessibility. The 2 apartments boast 2bds, a spacious Living Room, & a well-appointed Kitchen complete w/ a slider that leads to a PRIVATE DECK. These thoughtfully designed apartments offer comfortable & functional living spaces. The 3rd apartment is 1bd, featuring a bright Living Room, a fully equipped Kitchen, & an outdoor deck. Low taxes, ample storage in the basement w/ a full bath & Kitchen, & Act 319 Clean & Green status add to its appeal. Explore the potential of this income property & vast land today!
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $425,000
Current Price: $425,000
Status: Closed
Listing Contract Date: 2023-07-11
Location, Tax, and Legal
Parcel Number: 09.10.1.37
Municipality: Middle Smithfield Township
High School District: East Stroudsburg Area
Cnty&Muni Taxes (Legacy): 834.89
School Tax Amount: 5072.93
Tax Annual Amount: 5907.82
Tax Assessed Value: 162230
Tax Book Number: 2318/6724
Zoning Description: Multi-Family
General Property Information
Building Area Source: Public Records
Stories: 1
Number Of Buildings: 1
Basement YN: No
Parking Total: 6
Lot Size Acres: 46.9
List Price/SqFt: 84.18
Sold Price/SqFt: 71.69
Building Area Total: 5928
Year Built: 1938
Currently Not Used
Number Of Units Total: 3
Remarks and Miscellaneous
Public Historical Remarks: Utility Billing: Separate Electric, Type: Converted, Kitchens: Modern, Bathrooms: Modern, Unit 3 Floor #: 1, Unit 2 Floor #: 1, Unit 1 Floor #: 1, Miscellaneous: Zoning Code R-1, Miscellaneous: Cert of Occ Req'd Yes. Unit 1 Floor #: 1. Unit 2 Floor #: 1. Unit 3 Floor #: 1
Public Remarks: Property is Under Contract and considering back-up offers only at this time. An EXTRAORDINARY OPPORTUNITY to own a REMARKABLE 3-unit income property on OVER 46 ACRES of pristine land. Just 15mins from DWG & 90mins from NYC, it offers tranquility & accessibility. The 2 apartments boast 2bds, a spacious Living Room, & a well-appointed Kitchen complete w/ a slider that leads to a PRIVATE DECK. These thoughtfully designed apartments offer comfortable & functional living spaces. The 3rd apartment is 1bd, featuring a bright Living Room, a fully equipped Kitchen, & an outdoor deck. Low taxes, ample storage in the basement w/ a full bath & Kitchen, & Act 319 Clean & Green status add to its appeal. Explore the potential of this income property & vast land today!
Unit Details
1 Bedroom: 1
2 Bedroom: 2
Income and Expenses
Gross Income: 36960
Listing Terms
Cash: 1
Conventional: 1
Tenant Pays
Electricity: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: 101
Occupied YN: Y
Actual Rent: 1430
SqFt Total: 1400
Rooms Total: 7
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Y
Unit 2
Unit #: 102
Occupied YN: Y
Actual Rent: 950
SqFt Total: 900
Rooms Total: 5
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Y
Unit 3
Unit #: 103
Occupied YN: Y
Actual Rent: 700
SqFt Total: 600
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Y
Construction Materials
Vinyl Siding: 1
Roof
Shingle: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Cooling
Ceiling Fan(s): 1
Separate Meters: 1
Heating
Baseboard: 1
Electric: 1
Oil: 1
Water Heater
Electric: 1
Appliances
Water Heater: 1
Security Features
Smoke Detector(s): 1
Water Source
Private: 1
Well: 1
Sewer
Septic Tank: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 338
Street Name: Coolbaugh
Street Suffix: Road
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18302
Subdivision Name: None
Status Change Information
Purchase Contract Date: 2024-01-31
Close Date: 2024-03-18
Close Price: 425000
Property Features
Listing Terms: Cash; Conventional
Tenant Pays: Electricity
Possession: Close Of Escrow
Construction Materials: Vinyl Siding
Roof: Shingle
Electric: 100 Amp Service; Circuit Breakers
Cooling: Ceiling Fan(s); Separate Meters
Heating: Baseboard; Electric; Oil
Appliances: Water Heater
Security Features: Smoke Detector(s)
Water Source: Private; Well
Sewer: Septic Tank
Road Frontage Type: State Road
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Listing Office: Keller Williams Real Estate - Stroudsburg 803 Main
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.