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Sold for $1,300,000 on 05/07/24
  • $1,300,000

    1961&1971 W Main St, Stroudsburg, PA 18360

    --beds
    0baths
    8,680sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $1,404,200 Zestimate®
    $150/sqft
    $1,446 Estimated rent

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    $8,503/mo

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    What's special

    Investment Opportunity! Call Today For This 14-Unit, Fully-Occupied 'Cottage Park' Property in Stroudsburg, PA. Boasting just under $200K in gross annual rental revenues w controlled expenses, this property consists of one quadplex, one duplex and eight standalone cottages. Set on a main thoroughfare serviced by public utilities, this stabilized property is located a half-mile to major conveniences and employers at The Stroud Mall, Shoprite and Route 611's commercial corridor. Of the 14 Units, 10 have been gut renovated; 1 is a new build, while the remaining 3 still offer room to add value and revenue. Stroudsburg is the County Seat of Monroe County, which has a population of 165,000+. Property is 7 miles from the Delaware Water Gap Bridge to NJ via Route 80. Do Not Delay - Call Today!

    Zillow last checked: 7 hours ago

    Listing updated: February 14, 2025 at 12:30pm

    Listed by:

    Xander J Weidenbaum 570-977-3000,

    Redstone Run Realty, LLC - Stroudsburg

    Bought with:

    (Lehigh) GLVR Member

    NON MEMBER

    Source: PMAR,MLS#: PM-112423

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Ceiling Fan(s), Separate Meters
    Appliances
    • Included: Water Heater
    Interior area
    • Total structure area: 8,680
    • Total interior livable area: 8,680 sqft

    Property

    Features
    • Stories: 1
    Lot
    • Size: 0.90 Acres
    Details
    • Parcel number: 17639011676089
    • Zoning description: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Shingle,Flat,Other
    Condition
    • Year built: 1954

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Stroudsburg
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,Conventional,Owner May Carry
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,404,200
    2% more+$28,084
    With Zillow Showcase(estimated)$1,432,284