212 N 7th Street, Stroudsburg, PA 18360
$645,000
Property Type:
Residential Income
Square Footage:
4,900
Lot Size (sq. ft.):
8,712
Status:
Closed
Current Price:
$645,000
List Date:
2/02/2022
Last Modified:
3/03/2025
Overview
Description
Listing Details MLS# PM-94327
General Property Information
- Building Area Total
- 4900
- Building Area Source
- Estimated
- Stories
- 4
- Number Of Buildings
- Yes
- Year Built
- 1902
- Basement YN
- Yes
- Parking Total
- 4
- Lot Size Acres
- 0.2
- List Price/SqFt
- 132.65
- Sold Price/SqFt
- 131.63
Property Features
Listing Terms:
Cash; Conventional
Tenant Pays:
Electricity; Gas
Possession:
Close Of Escrow
Laundry Features:
Common Area
Construction Materials:
Stucco
Roof:
Shingle
Cooling:
Separate Meters; None
Heating:
Hot Water; Electric; Natural Gas; Separate Meters
Water Heater:
Electric; Gas
Appliances:
Water Heater
Water Source:
Public
Sewer:
Public Sewer
Lot Features:
Historic District
Road Frontage Type:
City Street
Road Surface Type:
Paved
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2022-02-01
- Listing Service
- Full Service
Location Tax and Legal
- County
- Monroe
- Street Number
- 212
- Street Direction Prefix
- N
- Street Name
- 7th
- Street Suffix
- Street
- City (Post Office)
- Stroudsburg
- State
- PA
- Postal Code
- 18360
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Historical Remarks
- Utility Billing: Separate Electric, Type: Converted, Kitchens: SemiMod, Bathrooms: SemiMod, Unit 4 Floor #: Basement Level, Unit 3 Floor #: 3, Unit 2 Floor #: 2, Unit 1 Floor #: 1, Miscellaneous: Zoning Code R-2, Miscellaneous: Cert of Occ Req'd Yes. Unit 1 Floor #: 1. Unit 2 Floor #: 2. Unit 3 Floor #: 3. Unit 4 Floor #: Basement Level
- Public Remarks
- Are you looking for a great investment that will cashflow with minimal involvement? 212 N 7th St may be perfect for you! Get a 7% cap rate on this 100% occupied 4-unit investment property. All four units were renovated in the last 5 years. Roof is only 4 years old too. Tenants pay their own gas and electricity. They are accustomed to paying rent online each month. This property is professionally managed and the property manager is willing to continue for a seamless transition. Great location just 1 block from the courthouse and 2 blocks from main street. Walking distance to so much. Off street parking enough for each unit. Public water and sewer. Ask your agent for the virtual tour to see the entire property virtually. Property owned by a real estate licensee.
Status Change Information
- Price Change Timestamp
- 2022-03-28T20:17:14Z
- Purchase Contract Date
- 2022-04-25
- Close Date
- 2022-06-16
- Close Price
- 645000
More Information
Income and Expenses
- Gross Income
- 59400
- Insurance Expense
- 1210
- New Taxes Expense
- 7537
Unit 1
- Unit #
- Yes
- Occupied YN
- Y
- Actual Rent
- 1450
- SqFt Total
- 1500
Unit 2
- Unit #
- 2
- Occupied YN
- Y
- Actual Rent
- 1375
- SqFt Total
- 1500
Unit 3
- Unit #
- 3
- Occupied YN
- Y
- Actual Rent
- 1175
- SqFt Total
- 1100
Unit 4
- Unit #
- Floor
- Occupied YN
- Y
- Actual Rent
- 950
- SqFt Total
- 800
Unit Details
- 1 Bedroom
- Yes
- 2 Bedroom
- Yes
- 3 Bedroom
- 2
Location, Tax, and Legal
- Parcel Number
- 18-2.2.2.14
- Municipality
- Stroudsburg Borough
- High School District
- Stroudsburg Area
- Cnty&Muni Taxes (Legacy)
- 2398.17
- School Tax Amount
- 5490.62
- Tax Annual Amount
- 7888.79
- Tax Assessed Value
- 206360
- Tax Book Number
- 2504/8124
- Zoning Description
- Residential
Currently Not Used
- Number Of Units Total
- 4
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Possession
- Close Of Escrow
- Yes
Laundry Features
- Common Area
- Yes
Construction Materials
- Stucco
- Yes
Roof
- Shingle
- Yes
Cooling
- Separate Meters
- Yes
- None
- Yes
Heating
- Hot Water
- Yes
- Electric
- Yes
- Natural Gas
- Yes
- Separate Meters
- Yes
Water Heater
- Electric
- Yes
- Gas
- Yes
Appliances
- Water Heater
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Lot Features
- Historic District
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
RE/MAX Property Specialists - Pocono Lake
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
