Income-producing nine-unit apartment building for sale. The property consists of four(4) two-bedroom apartments and five(5) one-bedroom apartments. The property also features a 4,500 SF warehouse/garage, which is currently vacant but can be leased for increased income. There are seven dedicated parking spaces and street parking. Coin operated laundry on site. Rents are currently below market, so there is considerable upside with efficient management. Property is situated 5 minutes away from DeSales University, Coopersburg Train Station, and many more amenities. Just minutes from Route 309, Route 378, with easy access to I-78.
Off market
Price Unknown
118 N Main St, Stroudsburg, PA 18360
0beds
0baths
--sqft
Apartment
Built in 1850
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Electric
Property
Parking
- Total spaces: 7
- Details: Paved Lot, Off Site
Features
- Exterior features: Stucco, Brick
Details
- Zoning: C-1
- Zoning description: C-1
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1850
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Stroudsburg
Other
Other facts
- WaterSource: Public
- Heating: Electric
- HeatingYN: true
- CoolingYN: true
- Zoning: C-1
- ConstructionMaterials: Stucco, Brick
- NumberOfUnitsTotal: 9
- PetsAllowed: No
- Cooling: Window Unit(s)
- OtherParking: Paved Lot, Off Site
- ParkingFeatures: Paved, Off Site
- Sewer: Public
- ZoningDescription: C-1
- MlsStatus: Available
- CoListAgentFullName: James J. Balliet
- GrossIncome: 108225
- NetOperatingIncome: 69724
- OperatingExpense: 38501