Turn Key, cash flowing, fully occupied 4-unit multi-family apartments with strong cap rate located in the heart of East Stroudsburg located next to the East Stroudsburg University and the local hospital and minutes from I-80. Solid leases.. Immediate re-rents. This is a sought after area for tenants equaling low vacancy. There are 4 garage parking spaces that are not currently rented and could yield $50.00/mo. Units include rear porches, balconies, and lawn area. *New Paint *New Windows *New Flooring *New Sidewalk *Separate Utilities. Current rents have not been raised in years and are below market rents. ***Previously listed at $379k, with over a $100k price REDUCTION to now at $259k***
Off market
$425,400
197 Washington St E, Stroudsburg, PA 18360
--beds
0baths
2,628sqft
Multi Family
Built in 1902
-- sqft lot
$425,400 Zestimate®
$162/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 03, 2025 at 08:39am
Listed by:
Peter Hewitt Team,
Keller Williams Real Estate - Northampton Co
Bought with:
Keller Williams Real Estate - Northampton Co
Source: PMAR,MLS#: PM-51665
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Hot Water, Natural Gas
Cooling
- Wall/Window Unit(s), Separate Meters
Appliances
- Included: Water Heater
Interior area
- Total structure area: 2,628
- Total interior livable area: 2,628 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 05730120822423
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Stroudsburg
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability

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