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Off market
  • $549,600

    503-505 Sarah St, Stroudsburg, PA 18360

    9beds
    5baths
    3,584sqft
    MultiFamily
    Built in 1912
    -- sqft lot
    $549,600 Zestimate®
    $153/sqft
    $-- HOA

    What's special

    Rare 4-Unit Investment Opportunity in Downtown Stroudsburg! Located blocks from Main Street's restaurants and shops, Route 80 at Exit 307 and East Stroudsburg University, this property is comprised of Two 3-Bedroom 1 1/2 Bath units, One 2-Bedroom and One 1-Bedroom. Separate Utilities for each unit - 4 electric and water meters. Building features low-maintenance vinyl siding, replacement windows, updated electrical, newer water heaters, in-unit laundry and vinyl/laminate flooring throughout - no carpet. 4-unit allows 30-year fixed residential financing if desired. Great opportunity to buy as an owner occupant and 'house hack' or as seasoned investor to bring in new strategy and drive CAP rate. C-2 Zoning. Large Paved Lot. Current and projected financials available - Do Not Wait - See Today!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Heating
    • Baseboard, Electric, Gas
    Appliances
    • Laundry: Wash/Dry Hook Up
    Interior area
    • Total interior livable area: 3,584 sqft

    Property

    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: 18730007690526
    • Zoning: C-2- Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Stroudsburg

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Baseboard, Electric, Natural Gas
    • RoadSurfaceType: Paved
    • Roof: Shingle
    • HeatingYN: true
    • CoolingYN: true
    • RoomsTotal: 16
    • CurrentFinancing: Conventional, FHA, Cash
    • ElectricExpense: 0.00
    • WaterSewerExpense: 0.00
    • NumberOfBuildings: 1
    • OpenParkingYN: true
    • ParkingFeatures: Paved
    • BuildingFeatures: Historic
    • RoadResponsibility: Public Maintained Road
    • GrossIncome: 25200.00
    • NumberOfUnitsTotal: 4.00
    • TrashExpense: 700.00
    • InsuranceExpense: 2100.00
    • LaundryFeatures: Wash/Dry Hook Up
    • RoomKitchenFeatures: SemiMod
    • RoomBathroomFeatures: SemiMod
    • NewTaxesExpense: 7994.00
    • Cooling: Ceilfan
    • CoListAgentEmail: xanderw@redstonerun.com
    • CoListAgentFullName: Xander J Weidenbaum
    • MlsStatus: Active
    • Zoning: C-2- Commercial
    • MaintenanceExpense: 2520.00
    • NetOperatingIncome: 13314.00
    • Road surface type: Paved
    Services availability
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