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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

Overview

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

Listing Details MLS# PM-132433

General Property Information

Above Grade Finished Area
5309
Building Area Total
5309
Building Area Source
Public Records
Stories
2
Number Of Buildings
Yes
Year Built
1902
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
Below Grade Finished Area
0

Property Features

Listing Terms: Cash; Conventional; 1031 Exchange

Contract Information

Property Sub Type
Quadruplex
Property Attached YN
No
Rent Control YN
No
Listing Contract Date
2025-05-14
Listing Service
Full Service

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

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

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

More Information

Unit 1

Unit #
25
Occupied YN
Yes
Actual Rent
575
SqFt Total
500
Rooms Total
4
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
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
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
Kitchen YN
Yes
Dining Room YN
No
Living Room YN
Yes

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

Currently Not Used

Number Of Units Total
4

Listing Terms

Cash
Yes
Conventional
Yes
1031 Exchange
Yes
Listing Office: D-N-A Property Management Co
IDX
Last Updated: February - 04 - 2026
Information deemed reliable but not guaranteed.