221 Dale Lane, Stroudsburg, PA 18360
$500,000
Property Type:
Residential Income
Square Footage:
5,372
Lot Size (sq. ft.):
119,790
Status:
Closed
Current Price:
$500,000
List Date:
3/08/2022
Last Modified:
5/09/2025
Overview
Description
Listing Details MLS# PM-95082
General Property Information
- Building Area Total
- 5372
- Building Area Source
- Public Records
- Stories
- 2
- Number Of Buildings
- 3
- Year Built
- 1902
- Basement YN
- Yes
- Lot Size Acres
- 2.75
- List Price/SqFt
- 93.08
- Sold Price/SqFt
- 93.08
Property Features
Listing Terms:
Cash; Conventional
Tenant Pays:
Electricity
Possession:
Close Of Escrow
Cooling:
Ceiling Fan(s); Wall/Window Unit(s); Separate Meters
Heating:
Electric; Oil
Water Heater:
Electric
Appliances:
Water Heater
Water Source:
Well
Sewer:
Septic Tank; Cesspool
Road Surface Type:
Paved
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2022-02-25
- Listing Service
- Full Service
Location Tax and Legal
- County
- Monroe
- Street Number
- 221
- Street Name
- Dale
- Street Suffix
- Lane
- City (Post Office)
- Stroudsburg
- State
- PA
- Postal Code
- 18360
Remarks and Miscellaneous
- Public Historical Remarks
- Utility Billing: Separate Electric, Type: Built as Apartment, Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code C-1, Miscellaneous: Cert of Occ Req'd No
- Public Remarks
- 8.9% CAP. 10-unit investment in Stroudsburg (Hamilton Township) - 2 duplexes, 5 mobile home pads, and a storage building. The 100% occupied investment has had numerous updates including new water lines and oil furnace in front duplex. The 2.75-acre property is situated on Business Route 209 near Rimrock Road, Dollar General and the Ray Price Auto Park. Downstairs tenant in front duplex is vacating March 31 with new lease and tenant in place. Landlord pays oil heat for apartments. Electric is separately metered and the responsibility of tenants.
Status Change Information
- Purchase Contract Date
- 2022-03-09
- Close Date
- 2022-05-05
- Close Price
- 500000
More Information
Income and Expenses
- Gross Income
- 72600
- Net Operating Income
- 44538
Road Frontage Type
- Road Frontage Length
- 620
Location, Tax, and Legal
- Parcel Number
- 07.9.1.2
- Municipality
- Hamilton Township
- High School District
- Stroudsburg Area
- Cnty&Muni Taxes (Legacy)
- 979.03
- School Tax Amount
- 7366.15
- Tax Annual Amount
- 8345.18
- Tax Assessed Value
- 276850
- Tax Book Number
- 2552/4402
- Zoning Description
- Commercial
Currently Not Used
- Number Of Units Total
- 10
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Tenant Pays
- Electricity
- Yes
Possession
- Close Of Escrow
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Wall/Window Unit(s)
- Yes
- Separate Meters
- Yes
Heating
- Electric
- Yes
- Oil
- Yes
Water Heater
- Electric
- Yes
Appliances
- Water Heater
- Yes
Water Source
- Well
- Yes
Sewer
- Septic Tank
- Yes
- Cesspool
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
KW Commercial - Main St
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.
