175-177 Prospect Street, East Stroudsburg, PA 18301
$770,000
Property Type:
Residential Income
Square Footage:
7,046
Lot Size (sq. ft.):
28,750
Status:
Closed
Current Price:
$770,000
List Date:
1/29/2024
Last Modified:
3/03/2025
Overview
Description
Listing Details MLS# PM-112395
General Property Information
- Building Area Total
- 7046
- Building Area Source
- Estimated
- Stories
- 2
- Number Of Buildings
- 2
- Year Built
- 1920
- Basement YN
- Yes
- Parking Total
- 20
- Lot Size Acres
- 0.66
- List Price/SqFt
- 117.09
- Sold Price/SqFt
- 109.28
Property Features
Listing Terms:
Cash; Conventional
Tenant Pays:
Electricity
Possession:
Close Of Escrow
Cooling:
Separate Meters; None
Heating:
Hot Water; Electric; Natural Gas
Water Heater:
Gas
Appliances:
Water Heater
Water Source:
Public
Sewer:
Public Sewer
Road Frontage Type:
City Street
Road Surface Type:
Paved
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2024-01-29
- Listing Service
- Full Service
Location Tax and Legal
- County
- Monroe
- Street Number
- 175-177
- Street Name
- Prospect
- Street Suffix
- Street
- City (Post Office)
- East Stroudsburg
- State
- PA
- Postal Code
- 18301
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Historical Remarks
- Utility Billing: Separate Electric, Kitchens: SemiMod, Bathrooms: SemiMod, Unit 6 Floor #: 2, Unit 5 Floor #: 2nd, Unit 4 Floor #: 1st, Unit 3 Floor #: 2nd, Unit 2 Floor #: 2, Unit 1 Floor #: 1st, Miscellaneous: Zoning Code R2, Miscellaneous: Cert of Occ Req'd Yes. Unit 1 Floor #: 1st. Unit 2 Floor #: 2. Unit 3 Floor #: 2nd. Unit 4 Floor #: 1st. Unit 5 Floor #: 2nd. Unit 6 Floor #: 2
- Public Remarks
- Looking to make an addition to your growing real estate investment portfolio? This unique 6 unit rental property located in the East Stroudsburg Borough directly across ESU and down the street from the LVHN- Pocono Hospital is the perfect opportunity. The property features two buildings with 4 units in the front building and a 2 unit building built in 1990 at the rear of the property. The large space between the two buildings offers plenty of parking. All units are currently rented with a gross annual income of $97,500! Conveniently located just minutes away from Main St in Stroudsburg, shopping, restaurants and entertainment. Call today for additional information and book your appointment to view!
Status Change Information
- Purchase Contract Date
- 2024-02-23
- Close Date
- 2024-03-25
- Close Price
- 770000
More Information
Income and Expenses
- Gross Income
- 97500
- Net Operating Income
- 75110.43
- Insurance Expense
- 4431
- New Taxes Expense
- 13245.37
- Electric Expense
- 720
- Trash Expense
- 2215.2
Unit 1
- Unit #
- 175-1
- Occupied YN
- Y
- Actual Rent
- 935
- SqFt Total
- 0
Unit 2
- Unit #
- 175-2
- Occupied YN
- Y
- Actual Rent
- 970
- SqFt Total
- 0
Unit 3
- Unit #
- 175-R
- Occupied YN
- Y
- Actual Rent
- 1900
- SqFt Total
- 1369
Unit 4
- Unit #
- 177-1
- Occupied YN
- Y
- Actual Rent
- 1295
- SqFt Total
- 0
Unit 5
- Unit #
- 177-2
- Occupied YN
- Y
- Actual Rent
- 1075
- SqFt Total
- 0
Unit 6
- Unit #
- 177-R
- Occupied YN
- Y
- Actual Rent
- 1950
- SqFt Total
- 1369
Location, Tax, and Legal
- Parcel Number
- 05-1.2.3.3
- Municipality
- East Stroudsburg Borough
- High School District
- East Stroudsburg Area
- Cnty&Muni Taxes (Legacy)
- 2707.9
- School Tax Amount
- 10522.67
- Tax Annual Amount
- 13230.57
- Tax Assessed Value
- 336510
- Tax Book Number
- 2200/2501
- Zoning Description
- Residential
Currently Not Used
- Number Of Units Total
- 6
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Tenant Pays
- Electricity
- Yes
Possession
- Close Of Escrow
- Yes
Cooling
- Separate Meters
- Yes
- None
- Yes
Heating
- Hot Water
- Yes
- Electric
- Yes
- Natural Gas
- Yes
Water Heater
- Gas
- Yes
Appliances
- Water Heater
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
Keller Williams Real Estate - Stroudsburg
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
