Introducing a fantastic investment opportunity in East Stroudsburg, PA! This 4-bedroom, 2.5-bathroom apartment is part of a 4-unit income-producing property Located in a great area, these apartments are currently rented out at under market rent, providing a steady stream of income. The seller is offering the property as is, with a current Certificate of Occupancy and passed borough inspections. With a convenient parking lot in the rear and reliable, good-paying tenants already in place, this apartment is a smart choice for any savvy investor looking to expand their portfolio. Don't miss out on this incredible opportunity! Current net income is $30k per year, with a projected net income at market rent of $43k - lots of room for growth on income and CAP rate - See current and future proformas attached
For sale
$575,000
25-29 N 2nd St, Stroudsburg, PA 18360
7beds
4baths
5,309sqft
Est.:
Quadruplex, Multi Family
Built in 1902
-- sqft lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
Convenient parking lot
- 3 days
- on Zillow |
- 187 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 09:35am
Listed by:
Natasha C Leap 570-424-8131,
D-N-A Property Management Co 570-424-8131
Source: PMAR,MLS#: PM-132433
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 5,309
- Total interior livable area: 5,309 sqft
- Finished area above ground: 5,309
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Features
- Stories: 2
Lot
- Size: 9,583.2 Square Feet
Details
- Parcel number: 181.1.8.7
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Condition
- Year built: 1902
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Stroudsburg
Financial & listing details
- Price per square foot: $108/sqft
- Annual tax amount: $9,400
- Date on market: 5/22/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: landlord belongings such as appliances
- Exclusions: tenant belongings
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