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332 Monroe Street, East Stroudsburg, PA 18301 (MLS# PM-87720)

332 Monroe Street, East Stroudsburg, PA 18301

$600,000
Property Type: Residential Income Square Footage: 5,348 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $600,000 List Date: 7/07/2021 Last Modified: 3/13/2025

Overview

Description

7-unit multifamily investment for sale in East Stroudsburg. The fully occupied building consists of 5,348 square feet and was built in 1988. Property offers off street parking, public utilities, and separately metered units all with electric heat. Below market rents. Great location near grocery stores, pharmacies, and hospital.

Listing Details MLS# PM-87720

General Property Information

Building Area Total
5348
Building Area Source
Public Records
Stories
Yes
Number Of Buildings
Yes
Year Built
1947
Basement YN
No
Lot Size Acres
0.34
Sign On Property YN
No
List Price/SqFt
126.22
Sold Price/SqFt
112.19

Property Features

Listing Terms: Cash; Conventional Tenant Pays: Electricity Possession: Close Of Escrow Cooling: Wall/Window Unit(s); Separate Meters Heating: Electric Water Heater: Electric Appliances: Water Heater Water Source: Public Sewer: Public Sewer Road Surface Type: Paved Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Multi Family
Listing Contract Date
2021-05-18
Listing Service
Full Service

Location Tax and Legal

County
Monroe
Street Number
332
Street Name
Monroe
Street Suffix
Street
City (Post Office)
East Stroudsburg
State
PA
Postal Code
18301

Remarks and Miscellaneous

Public Historical Remarks
Utility Billing: Separate Electric, Type: Built as Apartment, Kitchens: Modern,SemiMod, Bathrooms: Modern,SemiMod, Miscellaneous: Zoning Code R-3, Miscellaneous: Cert of Occ Req'd No
Public Remarks
7-unit multifamily investment for sale in East Stroudsburg. The fully occupied building consists of 5,348 square feet and was built in 1988. Property offers off street parking, public utilities, and separately metered units all with electric heat. Below market rents. Great location near grocery stores, pharmacies, and hospital.

Status Change Information

Price Change Timestamp
2021-08-03T23:24:23Z
Purchase Contract Date
2021-09-06
Close Date
2021-12-23
Close Price
600000

More Information

Income and Expenses

Gross Income
73080
Net Operating Income
43025

Unit 1

Unit #
Yes
Occupied YN
Y
Actual Rent
850
SqFt Total
0

Unit 2

Unit #
2
Occupied YN
Y
Actual Rent
1000
SqFt Total
0

Unit 3

Unit #
3
Occupied YN
Y
Actual Rent
850
SqFt Total
0

Unit 4

Unit #
4
Occupied YN
Y
Actual Rent
790
SqFt Total
0

Unit 5

Unit #
5
Occupied YN
Y
Actual Rent
850
SqFt Total
0

Unit 6

Unit #
6
Occupied YN
Y
Actual Rent
900
SqFt Total
0

Unit 7

Unit #
7
Occupied YN
Y
Actual Rent
850
SqFt Total
0

Road Frontage Type

Road Frontage Length
108

Location, Tax, and Legal

Parcel Number
05-5.1.8.5
Municipality
East Stroudsburg Borough
High School District
East Stroudsburg Area
Cnty&Muni Taxes (Legacy)
2798.21
School Tax Amount
12482.36
Tax Annual Amount
15348.04
Tax Assessed Value
399180
Tax Book Number
1604/898
Zoning Description
Multi-Family

Currently Not Used

Number Of Units Total
7

Listing Terms

Cash
Yes
Conventional
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Cooling

Wall/Window Unit(s)
Yes
Separate Meters
Yes

Heating

Electric
Yes

Water Heater

Electric
Yes

Appliances

Water Heater
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Road Surface Type

Paved
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: KW Commercial - Main St
IDX
Last Updated: March - 13 - 2025
Information deemed reliable but not guaranteed.