$820,000
Stroudsburg, PA 18360
MLS# PM-96497
Status: Closed
4416 sqft
1 / 54
Property Description
RARE INVESTMENT OPPORTUNITY to own in Downtown Stroudsburg. There are 6 modern rental units all with GREAT rental history. All the units are VERY WELL MAINTAINED and have been that way throughout the years. Each unit has 1 bedroom & bath with a lovely open floor plan that features the Living Room, fully equipped Kitchen, UPDATED flooring, & fully painted inside & out. Both buildings even have a recently repaired mental roof. 12+ parking spaces for the renters & their guests. Along with the units, there is also a 2400sqft WAREHOUSE & a 6 bay garage to be used as you please. This is an absolute turnkey & has passive income-producing from the ownership. Call us today to set up an appointment to see the units! MLS# PM-96496 is also being sold with this property!
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $820,000
Current Price: $820,000
Status: Closed
Listing Contract Date: 2022-04-27
Location, Tax, and Legal
Parcel Number: 18-4.1.3.4
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 3316.67
School Tax Amount: 7729.34
Tax Annual Amount: 11046.01
Tax Assessed Value: 302400
Tax Book Number: 2217/2796
Zoning Description: Commercial
General Property Information
Building Area Source: Public Records
Stories: 2
Number Of Buildings: 1
Basement YN: No
Garage YN: Yes
Parking Total: 12
Lot Size Acres: 0.22
List Price/SqFt: 198.14
Sold Price/SqFt: 185.69
Building Area Total: 4416
Year Built: 1902
Currently Not Used
Number Of Units Total: 4
Remarks and Miscellaneous
Public Historical Remarks: Type: Converted, Type: Built as Apartment, Kitchens: Modern, Bathrooms: Modern, Unit 6 Floor #: 1st (Left), Unit 5 Floor #: 1st (Right), Unit 4 Floor #: 2nd (Right), Unit 3 Floor #: 2nd (Left), Miscellaneous: Zoning Code Commercial, Miscellaneous: Cert of Occ Req'd No. Unit 3 Floor #: 2nd (Left). Unit 4 Floor #: 2nd (Right). Unit 5 Floor #: 1st (Right). Unit 6 Floor #: 1st (Left)
Public Remarks: RARE INVESTMENT OPPORTUNITY to own in Downtown Stroudsburg. There are 6 modern rental units all with GREAT rental history. All the units are VERY WELL MAINTAINED and have been that way throughout the years. Each unit has 1 bedroom & bath with a lovely open floor plan that features the Living Room, fully equipped Kitchen, UPDATED flooring, & fully painted inside & out. Both buildings even have a recently repaired mental roof. 12+ parking spaces for the renters & their guests. Along with the units, there is also a 2400sqft WAREHOUSE & a 6 bay garage to be used as you please. This is an absolute turnkey & has passive income-producing from the ownership. Call us today to set up an appointment to see the units! MLS# PM-96496 is also being sold with this property!
Unit Details
1 Bedroom: 4
Income and Expenses
Gross Income: 79414
New Taxes Expense: 18968.53
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: 909A
Occupied YN: Y
Actual Rent: 1100
SqFt Total: 633
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 2
Unit #: 909B
Occupied YN: Y
Actual Rent: 1100
SqFt Total: 633
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 3
Unit #: 4 9th Street
Actual Rent: 850
SqFt Total: 723
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 4
Unit #: 4 9th Street
Actual Rent: 850
SqFt Total: 634
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 5
Unit #: 4 9th Street
Occupied YN: Y
Actual Rent: 1100
SqFt Total: 485
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 6
Unit #: 4 9th Street
Occupied YN: Y
Actual Rent: 1050
SqFt Total: 485
Rooms Total: 3
Beds Total: 1
Baths Total: 1
Unit Remarks: Appliances: Yes
Accessibility Features
Accessible Entrance: 1
Construction Materials
Aluminum Siding: 1
T1-11: 1
Roof
Flat: 1
Other: 1
Electric
200+ Amp Service: 1
Cooling
Ceiling Fan(s): 1
Heating
Electric: 1
Zoned: 1
Water Heater
Electric: 1
Appliances
Water Heater: 1
Security Features
Smoke Detector(s): 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Permit Required: 1
Paved: 1
Road Frontage Type
State Road: 1
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 4
Street Direction Prefix: S
Street Name: 9Th
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None
Status Change Information
Price Change Timestamp: 2022-09-01T20:05:32Z
Purchase Contract Date: 2022-10-04
Close Date: 2022-12-01
Close Price: 820000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Accessibility Features: Accessible Entrance
Construction Materials: Aluminum Siding; T1-11
Roof: Flat; Other
Electric: 200+ Amp Service
Cooling: Ceiling Fan(s)
Heating: Electric; Zoned
Appliances: Water Heater
Security Features: Smoke Detector(s)
Water Source: Public
Sewer: Public Sewer
Parking Features: Permit Required; Paved
Road Frontage Type: State Road; City Street
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.