Restricted Address

East Stroudsburg, PA 18301

$1,500,000
Price
21
Beds
10
Baths
10
1/2 Baths
13,196 Sq. Ft.
$114 / Sq. Ft.
13,196
Sq. Ft.
$114
per Sq. Ft.

Description

PRIME LOCATION 7 unit investment property. 6 townhomes built 2009, a log cabin and 7 garages. All currently rented. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and basement. Oil heat and fireplace. All units rented with long term tenants. All units are rented at below market rate. Potential to raise...PRIME LOCATION 7 unit investment property. 6 townhomes built 2009, a log cabin and 7 garages. All currently rented. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and basement. Oil heat and fireplace. All units rented with long term tenants. All units are rented at below market rate. Potential to raise rents for the townhomes. CURRENT CAP RATE is 7.53
  1. Listed by Nosheen Hayat • Smart Way America Realty

Property Details for Restricted Address

Municipality/ Twnshp
Stroud Township
LISTING UPDATED: 11/14/2024 05:00 PM

Property Details for Restricted Address

StatusActive
MLS #PM-114396
Days on Market239
Taxes$33,530 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti-Family
MLS TypeMulti-Family / Single
Year Built2009
Lot Size1.90 AC / 82,764 SF
CountyMonroe County

Building Information for Restricted Address

Stories2Residences-Year Built2009Lot Size1.90 AC / 82,764 SF

Property Information for Restricted Address

Summary
Location and General Information
  • Geo Lat: 41.025366
  • Geo Lon: -75.19242
  • School District: Stroudsburg Area
Property
Lot Information
  • Year Built: 2009
  • Total Acres: 1.9
  • Number of Buildings: 5
  • Type: Single
Property and Assessments
  • MLS Identifier: 20010820134441081568000000
  • MLS Approved: Y
  • Financing: Cash, Conventional
  • Possession: Settlement
  • Miscellaneous: Cert of Occ Req'd: No
  • Miscellaneous: 1st Right of Refusal: N
  • Miscellaneous: Zoning Code: R-3
  • Picture Count: 12
  • Document Count: 0
Utilities
  • Sewer: Public
Interior and Exterior Features
Exterior Features
  • Stories: 2.0
  • Bsmt: Y
  • Fore: N
Interior Features
  • Cooling: Central Air, Some with AC
  • Heating: Electric, Frcd-Air
  • Bathrooms: Old
  • Hot Water: Electric
  • Kitchen: Modern, Old
Multi Family
Multi-Family Information
  • Total Units: Total Units: 7.0
Income & Expenses
  • Financial Info: Gross Income: $149,700.00
  • Financial Info: Net Income: $101,700.00
  • Financial Info: Lawn/Snow Removal: $4,800.00
  • Financial Info: Water/Sewer: $6,400.00
  • Financial Info: Trash Removal: $4,800.00
  • Financial Info: Taxes: $32,000.00
Unit 1
  • Unit 1: Unit #: YES
  • Unit 1: Floor #: 2.5
  • Unit 1: SqFt: 1200.0
  • Unit 1: Rent/Month: $1,700.00
  • Unit 1: # Rooms: 8.0
  • Unit 1: # Beds: 3.0
  • Unit 1: # Baths: 1.5
  • Unit 1: Appliances: yes
  • Unit 1: Occupied: Y
Unit 2
  • Unit 2: Floor #: 2.5
  • Unit 2: SqFt: 1200.0
  • Unit 2: Rent/Month: $1,700.00
  • Unit 2: # Rooms: 8.0
  • Unit 2: # Beds: 3.0
  • Unit 2: # Baths: 1.5
  • Unit 2: Appliances: Yes
  • Unit 2: Occupied: Y
Unit 3
  • Unit 3: Floor #: 2.5
  • Unit 3: SqFt: 1200.0
  • Unit 3: Rent/Month: $1,700.00
  • Unit 3: # Beds: 3.0
  • Unit 3: # Baths: 1.5
  • Unit 3: Appliances: Yes
  • Unit 3: Occupied: Y
Unit 4
  • Unit 4: Floor #: 2.5
  • Unit 4: SqFt: 1200.0
  • Unit 4: Rent/Month: $1,700.00
  • Unit 4: # Rooms: 8.0
  • Unit 4: # Beds: 3.0
  • Unit 4: # Baths: 1.5
  • Unit 4: Appliances: Yes
  • Unit 4: Occupied: Y
Unit 5
  • Unit 5: Floor #: 2.5
  • Unit 5: SqFt: 1200.0
  • Unit 5: Rent/Month: $1,700.00
  • Unit 5: # Rooms: 8.0
  • Unit 5: # Beds: 3.0
  • Unit 5: # Baths: 1.5
  • Unit 5: Appliances: Yes
  • Unit 5: Occupied: Y
Unit 6
  • Unit 6: Floor #: 2.5
  • Unit 6: SqFt: 1200.0
  • Unit 6: Rent/Month: $1,700.00
  • Unit 6: # Rooms: 8.0
  • Unit 6: # Beds: 3.0
  • Unit 6: # Baths: 1.5
  • Unit 6: Appliances: Yes
  • Unit 6: Occupied: Y
Unit 7
  • Unit 7: Unit #: YES
  • Unit 7: Floor #: 2.5
  • Unit 7: SqFt: 1000.0
  • Unit 7: Rent/Month: $1,400.00
  • Unit 7: # Rooms: 6.0
  • Unit 7: # Beds: 3.0
  • Unit 7: # Baths: 1.5
  • Unit 7: Appliances: Yes
  • Unit 7: Occupied: Y
Unit 8
  • Unit 8: SqFt: 50.0
  • Unit 8: Rent/Month: $175.00
  • Unit 8: Occupied: Y
Unit 9
  • Unit 9: SqFt: 50.0
  • Unit 9: Rent/Month: $175.00
  • Unit 9: Occupied: Y
Unit 10
  • Unit 10: SqFt: 50.0
  • Unit 10: Rent/Month: $175.00
  • Unit 10: Occupied: Y
Unit 11
  • Unit 11: SqFt: 50.0
  • Unit 11: Rent/Month: $175.00
  • Unit 11: Occupied: Y
Unit 12
  • Unit 12: SqFt: 50.0
  • Unit 12: Rent/Month: $175.00
  • Unit 12: Occupied: Y
Unit 13
  • Unit 13: SqFt: 0.0
Unit 14
  • Unit 14: SqFt: 0.0
Unit 15
  • Unit 15: SqFt: 0.0
Agent
Sale and Listing
  • Public Remarks: PRIME LOCATION 7 unit investment property. 6 townhomes built 2009, a log cabin and 7 garages. All currently rented. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and basement. Oil heat and fireplace. All units rented with long term tenants. All units are rented at below market rate. Potential to raise rents for the townhomes. CURRENT CAP RATE is 7.53
  • Listing ID: PM-114396

Property History for Restricted Address

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for Restricted Address

Taxable ValueLand$98,100Additions$883,810Total$981,910
Tax Record2024$6,621 ($552 / month)
Home Facts
Total Finished SqFt11,340 SqFtAbove Grade Finished SqFt11,340 SqFtStories1Lot Size82,764 SqFtStyleMiscellaneous CommercialYear Built2009ZoningR-3CountyMONROEAPN17.3.1.79

Schools near Restricted Address

This home is within Stroudsburg Area School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 8 to 9
Public - 10 to 12
Public - K to 4
Rating
School
Distance
Chipperfield Elementary School
PublicK to 4

Stroudsburg Junior High School
Public8 to 9

Stroudsburg High School
Public10 to 12

Arlington Heights El School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Restricted Address is for sale in East Stroudsburg, PA 18301. This property was listed for sale on April 17, 2024 by Smart Way America Realty, it's currently listed at $1,500,000. It has been on the market for a total of 239 days and was last sold on September 30, 2015. This listing's school district is Stroudsburg Area School District. Nearby schools include Chipperfield Elementary School, Stroudsburg Junior High School and Stroudsburg High School. Restricted Address is a 21-bed, 15-bath, 13,196 sqft built in 2009.

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Listing Courtesy of Smart Way America Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.