255 Brodhead Avenue, East Stroudsburg, PA 18301
New Listing
$455,000
Property Type:
Residential Income
Square Footage:
2,659
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$455,000
List Date:
4/21/2026
Last Modified:
4/21/2026
Overview
Description
...
(Read more)
Here's your chance to Step into a rare and intriguing investment opportunity in the heart of East Stroudsburg Borough. This classic Victorian-style colonial isn't just another property for sale--it's a story of classic charm, steady income, and untapped potential waiting for the right investor to bring it to life. Set across two separate buildings, it features four total units with a combined 6 bedrooms and 4 bathrooms.
Three of the units are already occupied by steady long-term tenants, providing immediate and reliable cash flow from day one. Meanwhile, the fourth unit has been fully gutted--offering a blank canvas for customization, increased rents, and value-add on.
Positioned in a quaint neighborhood, the location is a standout feature. Within Walking Distance to East Stroudsburg University, Lehigh Valley Hospital, and the vibrant Crystal Street corridor, tenants enjoy convenient access to shopping, dining, and everyday essentials including Giant and Walmart Plaza. Commuters will appreciate quick connections to major highways, making this an ideal spot for both local renters and regional travelers.
Adding to the appeal, the property is serviced by public water and public sewer, helping to minimize maintenance concerns and simplify ownership.
Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of historic charm, stable income, and future upside--all in a highly desirable in-town location.
Listing Details MLS# PM-140514
General Property Information
- Bathrooms Full
- 4
- Above Grade Finished Area
- 2659
- Living Area
- 2659
- Living Area Source
- Public Records
- Building Area Total
- 2659
- Building Area Source
- Public Records
- Stories
- 2
- Number Of Buildings
- 2
- Year Built
- 1902
- Year Built Source
- Public Records
- Basement YN
- Yes
- Pool Private YN
- No
- Garage YN
- No
- Carport YN
- No
- Open Parking YN
- Yes
- Open Parking Spaces
- 4
- Lot Size Acres
- 0.14
- Water Body Access YN
- No
- Association YN
- No
- List Price/SqFt
- 171.12
- Below Grade Finished Area
- 0
Property Features
Special Listing Conditions:
Standard
Listing Terms:
Cash; Conventional
Owner Pays:
Water; Sewer
Financial Data Source:
Owner
Possession:
Close Of Escrow
Current Use:
Residential
Architectural Style:
Colonial
Basement:
Full
Roof:
Asphalt; Shingle
Heating:
Baseboard
Water Source:
Public
Sewer:
Public Sewer
Patio And Porch Features:
Porch
Road Surface Type:
Paved
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2026-04-20
- Listing Service
- Full Service
Location Tax and Legal
- County
- Monroe
- Street Number
- 255
- Street Name
- Brodhead
- Street Suffix
- Avenue
- City (Post Office)
- East Stroudsburg
- State
- PA
- Postal Code
- 18301
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Here's your chance to Step into a rare and intriguing investment opportunity in the heart of East Stroudsburg Borough. This classic Victorian-style colonial isn't just another property for sale--it's a story of classic charm, steady income, and untapped potential waiting for the right investor to bring it to life. Set across two separate buildings, it features four total units with a combined 6 bedrooms and 4 bathrooms. Three of the units are already occupied by steady long-term tenants, providing immediate and reliable cash flow from day one. Meanwhile, the fourth unit has been fully gutted--offering a blank canvas for customization, increased rents, and value-add on. Positioned in a quaint neighborhood, the location is a standout feature. Within Walking Distance to East Stroudsburg University, Lehigh Valley Hospital, and the vibrant Crystal Street corridor, tenants enjoy convenient access to shopping, dining, and everyday essentials including Giant and Walmart Plaza. Commuters will appreciate quick connections to major highways, making this an ideal spot for both local renters and regional travelers. Adding to the appeal, the property is serviced by public water and public sewer, helping to minimize maintenance concerns and simplify ownership. Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of historic charm, stable income, and future upside--all in a highly desirable in-town location.
Income and Expenses
- Gross Income
- 52800
- Net Operating Income
- 38486
- Cap Rate
- 8.5
- Insurance Expense
- 1900
- Trash Expense
- 2086
More Information
Unit 1
- Unit #
- Yes
- Occupied YN
- Yes
- Actual Rent
- 1150
- SqFt Total
- 750
- Rooms Total
- 6
- Kitchen YN
- Yes
- Dining Room YN
- Yes
- Living Room YN
- Yes
- Unit Remarks
- Building 1
Unit 2
- Unit #
- 2
- Occupied YN
- Yes
- Actual Rent
- 1200
- SqFt Total
- 650
- Rooms Total
- 5
- Kitchen YN
- Yes
- Dining Room YN
- Yes
- Living Room YN
- No
- Unit Remarks
- Building 1
Unit 3
- Unit #
- 3
- Occupied YN
- Yes
- SqFt Total
- 550
- Rooms Total
- 5
- Kitchen YN
- Yes
- Dining Room YN
- No
- Living Room YN
- Yes
- Unit Remarks
- Building 2
Unit 4
- Unit #
- 4
- Occupied YN
- No
- SqFt Total
- 550
- Rooms Total
- 4
- Kitchen YN
- Yes
- Dining Room YN
- No
- Living Room YN
- Yes
- Unit Remarks
- Unit Gutted for Reno
Meter Information
- Number Of Separate Electric Meters
- 4
Location, Tax, and Legal
- Parcel Number
- 05-1.1.8.1
- Municipality
- East Stroudsburg Borough
- High School District
- East Stroudsburg Area
- County Tax Amount
- 1002.24
- Municipal Tax Amount
- 1457.51
- School Tax Amount
- 5395.98
- Tax Other Annual Assessment Amount
- 34.02
- Tax Annual Amount
- 7889.75
- Tax Assessed Value
- 182980
- Tax Year
- 2025
- Tax Map Number
- 05730120914698
- Tax Book Number
- 2617
- Tax Page Number
- 6987
- Deed Recording Date
- 2022-09-14
- Zoning Description
- Multi-Family
Currently Not Used
- Number Of Units Total
- 4
Special Listing Conditions
- Standard
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
Financial Data Source
- Owner
- Yes
Oil, Gas and Mineral Rights
- Property Subject To Lease
- No
Possession
- Close Of Escrow
- Yes
Current Use
- Residential
- Yes
Architectural Style
- Colonial
- Yes
Basement
- Full
- Yes
Roof
- Asphalt
- Yes
- Shingle
- Yes
Heating
- Baseboard
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Patio And Porch Features
- Porch
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
RE/MAX Crossroads
Last Updated: April - 21 - 2026
Information deemed reliable but not guaranteed.