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105 Pines Way, East Stroudsburg, PA 18301 (MLS# PM-18273)

105 Pines Way, East Stroudsburg, PA 18301

$850,000
Property Type: Commercial Sale Square Footage: 8,599 Lot Size (sq. ft.): 82,764 Status: Closed
Current Price: $850,000 List Date: 11/11/2014 Last Modified: 5/09/2025

Overview

Description

7 unit investment property. 6 townhomes built 2009, a renovated log cabin and seven garage/storage units. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and fireplace with oil boiler.

Listing Details MLS# PM-18273

General Property Information

Above Grade Finished Area
8599
Building Area Total
8599
Stories
2
Number Of Buildings
3
Year Built
2009
Year Built Source
Other
Lot Size Acres
1.9
Sign On Property YN
No
List Price/SqFt
109.2
Sold Price/SqFt
98.85

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Residential Possible Use: Residential; Multi-Family Building Features: Other Rail Road Track: None Cooling: Central Air; Wall/Window Unit(s) Heating: Natural Gas; Oil Water Source: Public Sewer: Public Sewer Parking Features: On Site Road Frontage Type: State Road Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2014-11-11
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
105
Street Name
Pines
Street Suffix
Way
City (Post Office)
East Stroudsburg
State
PA
Postal Code
18301

Remarks and Miscellaneous

Public Historical Remarks
Warranty: None, Location: FreeStnd, Miscellaneous: Zoning Code R-3, Current Use: Investment
Public Remarks
7 unit investment property. 6 townhomes built 2009, a renovated log cabin and seven garage/storage units. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and fireplace with oil boiler.

Status Change Information

Price Change Timestamp
2015-01-13T20:47:19Z
Purchase Contract Date
2015-08-10
Close Date
2015-10-01
Close Price
850000

More Information

Unit Details

Number Of Units Leased
7

Income and Expenses

Cap Rate
8.97

Building Features

Number of Levels
2
Other
Yes

Location, Tax, and Legal

Parcel Number
17.3.1.79
Municipality
Stroud Township
High School District
Stroudsburg Area
Cnty&Muni Taxes (Legacy)
3758.71
School Tax Amount
16779.3
Tax Annual Amount
20815.24
Tax Assessed Value
106630
Tax Book Number
2243/1691
Zoning Description
Residential

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Residential
Yes

Possible Use

Residential
Yes
Multi-Family
Yes

Rail Road Track

None
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Natural Gas
Yes
Oil
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Parking Features

On Site
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: KW Commercial - Main St
IDX
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.