240 N Courtland Street, East Stroudsburg, PA 18301
$480,000
Property Type:
Residential Income
Square Footage:
5,120
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$480,000
List Date:
3/15/2021
Last Modified:
3/03/2025
Description
RARE INVESTMENT OPPORTUNITY! GREAT Multi-Family property in the DESIRABLE area of East Stroudsburg. Home is close to major highways, shopping centers, school, and other popular attractions the Poconos has to offer. This home has 5 units with GREAT rental history. Each unit has a fully equipped Kitchen with plenty of cabinet and counter space for all your cooking equipment. SPACIOUS Living/Dining Room with laundry and sliders to deck perfect for outdoor entrainment. Upper-Level features 2 GREAT SIZE Bedrooms and a full Bath. This home also has a newer roof, 10 off street parking spots, public sewer/water, and so much more. You don't want to miss out on this great opportunity. Call and schedule your appointment today!
More Information MLS# PM-85626
Contract Information
Listing Service: Full Service
Property Sub Type: Multi Family
Sold Price: $480,000
Current Price: $480,000
Status: Closed
Listing Contract Date: 2021-03-15
Location, Tax, and Legal
Parcel Number: 05-5.2.15.6
Municipality: East Stroudsburg Borough
High School District: East Stroudsburg Area
Cnty&Muni Taxes (Legacy): 2526.55
School Tax Amount: 10811.6
Tax Annual Amount: 13338.14
Tax Assessed Value: 351940
Tax Book Number: 2247/4211
Zoning Description: Multi-Family
General Property Information
Building Area Source: Public Records
Stories: 2
Number Of Buildings: 1
Basement YN: No
Parking Total: 10
Lot Size Acres: 0.25
List Price/SqFt: 97.46
Sold Price/SqFt: 93.75
Building Area Total: 5120
Year Built: 1988
Currently Not Used
Number Of Units Total: 5
Remarks and Miscellaneous
Public Historical Remarks: Utility Billing: Separate Electric, Type: Built as Apartment, Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code R-3, Miscellaneous: Cert of Occ Req'd Yes
Public Remarks: RARE INVESTMENT OPPORTUNITY! GREAT Multi-Family property in the DESIRABLE area of East Stroudsburg. Home is close to major highways, shopping centers, school, and other popular attractions the Poconos has to offer. This home has 5 units with GREAT rental history. Each unit has a fully equipped Kitchen with plenty of cabinet and counter space for all your cooking equipment. SPACIOUS Living/Dining Room with laundry and sliders to deck perfect for outdoor entrainment. Upper-Level features 2 GREAT SIZE Bedrooms and a full Bath. This home also has a newer roof, 10 off street parking spots, public sewer/water, and so much more. You don't want to miss out on this great opportunity. Call and schedule your appointment today!
Unit Details
2 Bedroom: 5
Income and Expenses
Net Operating Income: 20000
Listing Terms
Cash: 1
Conventional: 1
Tenant Pays
Electricity: 1
Disclosures
Easement: 1
Possession
Close Of Escrow: 1
Unit 1
Unit #: 1
Occupied YN: Y
Actual Rent: 950
SqFt Total: 700
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 2
Unit #: 2
Occupied YN: Y
Actual Rent: 950
SqFt Total: 700
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 3
Unit #: 3
Occupied YN: Y
Actual Rent: 950
SqFt Total: 700
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 4
Unit #: 4
Occupied YN: Y
Actual Rent: 950
SqFt Total: 700
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Yes
Unit 5
Unit #: 5
Occupied YN: Y
Actual Rent: 950
SqFt Total: 700
Rooms Total: 4
Beds Total: 2
Baths Total: 1
Unit Remarks: Appliances: Yes
Laundry Features
Electric Dryer Hookup: 1
Gas Dryer Hookup: 1
Washer Hookup: 1
Construction Materials
Vinyl Siding: 1
Roof
Shingle: 1
Cooling
Wall/Window Unit(s): 1
Separate Meters: 1
Heating
Baseboard: 1
Electric: 1
Water Heater
Electric: 1
Appliances
Water Heater: 1
Security Features
Smoke Detector(s): 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Paved: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 240
Street Direction Prefix: N
Street Name: Courtland
Street Suffix: Street
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18301
Subdivision Name: None
Status Change Information
Purchase Contract Date: 2021-03-18
Close Date: 2021-06-16
Close Price: 480000
Property Features
Listing Terms: Cash; Conventional
Tenant Pays: Electricity
Disclosures: Easement
Possession: Close Of Escrow
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup
Construction Materials: Vinyl Siding
Roof: Shingle
Cooling: Wall/Window Unit(s); Separate Meters
Heating: Baseboard; Electric
Water Heater: Electric
Appliances: Water Heater
Security Features: Smoke Detector(s)
Water Source: Public
Sewer: Public Sewer
Parking Features: Paved
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Listing Office:
Keller Williams Real Estate - Stroudsburg 803 Main
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
