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!
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
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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