$292,000
Stroudsburg, PA 18360
MLS# PM-106444
Status: Closed
4590 sqft
1 / 13
Property Description
Do Not Wait on this Aggressively-Priced 4-Unit Investment Opportunity in Stroudsburg Borough! Located Seconds from Route 80, Stroudsburg HS and blocks from bustling Main Street, this high-demand location is perfect for strong occupancy. The property is comprised of a duplex ranch-style structure, each with 4 beds & 1.5 baths. Two detached ranch style 1 bed, 1 bath cottages flank the rear of the property. 3 of the 4 units are currently rented w the 4th unit (one of the cottages) needing substantive repair. Below market rents w opportunity for improvement. 2023 Monroe County HUD Fair Market Rents are $2,130/mo for 4-beds & 1-beds at $993/mo. Huge cashflow opportunity. Public W/S, Off-Street Parking & Current Tenants Pay Utilities. Serious Investors - Call To Learn More Today!
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $292,000
Current Price: $292,000
Status: Closed
Listing Contract Date: 2023-05-25
Location, Tax, and Legal
Parcel Number: 18-4.2.2.9
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 2044.89
School Tax Amount: 4681.77
Tax Annual Amount: 6726.65
Tax Assessed Value: 175960
Tax Book Number: 2029/120
Zoning Description: Residential
General Property Information
Building Area Source: Public Records
Stories: 1
Number Of Buildings: 3
Basement YN: No
Lot Size Acres: 0.62
List Price/SqFt: 65.34
Sold Price/SqFt: 63.62
Building Area Total: 4590
Year Built: 1966
Currently Not Used
Number Of Units Total: 4
Remarks and Miscellaneous
Public Historical Remarks: Utility Billing: Separate Electric, Roof: Pitched, Kitchens: Old, Bathrooms: Old, Unit 4 Floor #: 1, Unit 3 Floor #: 1, Unit 2 Floor #: 1, Unit 1 Floor #: 1, Miscellaneous: Zoning Code R-2, Miscellaneous: Cert of Occ Req'd No. Unit 1 Floor #: 1. Unit 2 Floor #: 1. Unit 3 Floor #: 1. Unit 4 Floor #: 1
Public Remarks: Do Not Wait on this Aggressively-Priced 4-Unit Investment Opportunity in Stroudsburg Borough! Located Seconds from Route 80, Stroudsburg HS and blocks from bustling Main Street, this high-demand location is perfect for strong occupancy. The property is comprised of a duplex ranch-style structure, each with 4 beds & 1.5 baths. Two detached ranch style 1 bed, 1 bath cottages flank the rear of the property. 3 of the 4 units are currently rented w the 4th unit (one of the cottages) needing substantive repair. Below market rents w opportunity for improvement. 2023 Monroe County HUD Fair Market Rents are $2,130/mo for 4-beds & 1-beds at $993/mo. Huge cashflow opportunity. Public W/S, Off-Street Parking & Current Tenants Pay Utilities. Serious Investors - Call To Learn More Today!
Listing Terms
Cash: 1
Tenant Pays
Electricity: 1
Gas: 1
Water: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: 1
Occupied YN: Y
Actual Rent: 1395
SqFt Total: 1575
Beds Total: 4
Baths Total: 1
Unit 2
Unit #: 2
Occupied YN: Y
Actual Rent: 1195
SqFt Total: 1575
Beds Total: 4
Baths Total: 1
Unit 3
Unit #: 3
Occupied YN: Y
Actual Rent: 750
SqFt Total: 720
Beds Total: 1
Baths Total: 1
Unit 4
Unit #: 4
SqFt Total: 720
Beds Total: 1
Baths Total: 1
Laundry Features
Electric Dryer Hookup: 1
Gas Dryer Hookup: 1
Washer Hookup: 1
Construction Materials
See Remarks: 1
Roof
Other: 1
Cooling
Ceiling Fan(s): 1
Separate Meters: 1
Heating
Electric: 1
Natural Gas: 1
Separate Meters: 1
Water Heater
Electric: 1
Gas: 1
Appliances
Water Heater: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Paved: 1
Road Surface Type
Paved: 1
Location Tax and Legal
County: Monroe
Street Number: 48-54
Street Name: Garden
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None
Status Change Information
Purchase Contract Date: 2023-06-19
Close Date: 2023-10-16
Close Price: 292000
Property Features
Listing Terms: Cash
Tenant Pays: Electricity; Gas; Water
Possession: Close Of Escrow
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup
Construction Materials: See Remarks
Roof: Other
Cooling: Ceiling Fan(s); Separate Meters
Heating: Electric; Natural Gas; Separate Meters
Water Heater: Electric; Gas
Appliances: Water Heater
Water Source: Public
Sewer: Public Sewer
Parking Features: Paved
Road Surface Type: Paved
Listing Office: Redstone Run Realty, LLC - Stroudsburg
Last Updated: June - 18 - 2026
Information deemed reliable but not guaranteed.