25-29 N 2nd Street, Stroudsburg, PA 18360
$467,000
Property Type:
Residential Income
Square Footage:
5,309
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$467,000
List Date:
11/14/2025
Last Modified:
2/04/2026
Description
MOTIVATED SELLER!! Introducing a fantastic investment opportunity in East Stroudsburg, PA! This 4-bedroom, 2.5-bathroom apartment is part of a 4-unit income-producing property Located in a great area, these apartments are currently rented out at under market rent, providing a steady stream of income. The seller is offering the property as is, with a current Certificate of Occupancy and passed borough inspections. With a convenient parking lot in the rear and reliable, good-paying tenants already in place, this apartment is a smart choice for any savvy investor looking to expand their portfolio. Don't miss out on this incredible opportunity! Current net income is $30k per year, with a projected net income at market rent of $43k - lots of room for growth on income and CAP rate - See current and future proformas attached
More Information MLS# PM-132433
Contract Information
Property Attached YN: No
Rent Control YN: No
Listing Service: Full Service
Property Sub Type: Quadruplex
Sold Price: $467,000
Current Price: $467,000
Status: Closed
Listing Contract Date: 2025-05-14
Location, Tax, and Legal
Parcel Number: 18-1.1.8.7
Municipality: Stroudsburg Borough
County Tax Amount: 1160.15
Municipal Tax Amount: 2396.63
School Tax Amount: 5804.65
Tax Other Annual Assessment Amount: 39.38
Tax Annual Amount: 9400.81
Tax Assessed Value: 211810
Tax Year: 2025
Tax Map Number: 18730119608866
Tax Book Number: 475/224
Deed Recording Date: 2003-06-01
Zoning Description: Multi-Family
General Property Information
Above Grade Finished Area: 5309
Below Grade Finished Area: 0
Building Area Source: Public Records
Stories: 2
Number Of Buildings: 1
Year Built Source: Public Records
Fireplace YN: No
Green Features YN: No
Units Furnished: None
Basement YN: Yes
Smart Home Features YN: No
Power Production/Storage YN: No
Pool Private YN: No
Spa YN: No
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 5
Lot Size Acres: 0.22
Water Body Access YN: No
Association YN: No
List Price/SqFt: 98.89
Sold Price/SqFt: 87.96
Building Area Total: 5309
Year Built: 1902
Currently Not Used
Number Of Units Total: 4
Remarks and Miscellaneous
Public Remarks: MOTIVATED SELLER!! Introducing a fantastic investment opportunity in East Stroudsburg, PA! This 4-bedroom, 2.5-bathroom apartment is part of a 4-unit income-producing property Located in a great area, these apartments are currently rented out at under market rent, providing a steady stream of income. The seller is offering the property as is, with a current Certificate of Occupancy and passed borough inspections. With a convenient parking lot in the rear and reliable, good-paying tenants already in place, this apartment is a smart choice for any savvy investor looking to expand their portfolio. Don't miss out on this incredible opportunity! Current net income is $30k per year, with a projected net income at market rent of $43k - lots of room for growth on income and CAP rate - See current and future proformas attached
Inclusions: landlord belongings such as appliances
Exclusions: tenant belongings
Listing Terms
Cash: 1
Conventional: 1
1031 Exchange: 1
Unit 1
Unit #: 25
Occupied YN: Yes
Actual Rent: 575
SqFt Total: 500
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: No
Unit 2
Unit #: 25 #101
Occupied YN: Yes
Actual Rent: 1000
SqFt Total: 500
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit 3
Unit #: 27
Occupied YN: Yes
Actual Rent: 1325
SqFt Total: 1200
Rooms Total: 7
Beds Total: 3
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: Yes
Living Room YN: Yes
Unit 4
Unit #: 29
Occupied YN: Yes
Actual Rent: 850
SqFt Total: 1100
Rooms Total: 6
Beds Total: 2
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Location Tax and Legal
County: Monroe
Street Number: 25-29
Street Direction Prefix: N
Street Name: 2nd
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None
Status Change Information
Price Change Timestamp: 2025-08-28T16:52:22Z
Purchase Contract Date: 2025-11-25
Close Date: 2026-01-23
Close Price: 467000
Property Features
Listing Terms: Cash; Conventional; 1031 Exchange
Listing Office:
D-N-A Property Management Co
Last Updated: February - 04 - 2026
Information deemed reliable but not guaranteed.
