4 S 9Th Street, Stroudsburg, PA 18360 (MLS# PM-96497)

4 S 9Th Street, Stroudsburg, PA 18360

$820,000

Property Type: Residential Income Square Footage: 4,416 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $820,000 List Date: 4/27/2022 Last Modified: 3/03/2025

Overview

Description

RARE INVESTMENT OPPORTUNITY to own in Downtown Stroudsburg. There are 6 modern rental units all with GREAT rental history. All the units are VERY WELL MAINTAINED and have been that way throughout the years. Each unit has 1 bedroom & bath with a lovely open floor plan that features the Living Room, fully equipped Kitchen, UPDATED flooring, & fully painted inside & out. Both buildings even have a recently repaired mental roof. 12+ parking spaces for the renters & their guests. Along with the units, there is also a 2400sqft WAREHOUSE & a 6 bay garage to be used as you please. This is an absolute turnkey & has passive income-producing from the ownership. Call us today to set up an appointment to see the units! MLS# PM-96496 is also being sold with this property!

Listing Details MLS# PM-96497

General Property Information

Building Area Total: 4416
Building Area Source: Public Records
Stories: 2
Number Of Buildings: Yes
Year Built: 1902
Basement YN: No
Garage YN: Yes
Parking Total: 12
Lot Size Acres: 0.22
List Price/SqFt: 198.14
Sold Price/SqFt: 185.69

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Accessibility Features: Accessible Entrance Construction Materials: Aluminum Siding; T1-11 Roof: Flat; Other Electric: 200+ Amp Service Cooling: Ceiling Fan(s) Heating: Electric; Zoned Appliances: Water Heater Security Features: Smoke Detector(s) Water Source: Public Sewer: Public Sewer Parking Features: Permit Required; Paved Road Frontage Type: State Road; City Street Road Surface Type: Paved Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type: Multi Family
Listing Contract Date: 2022-04-27
Listing Service: Full Service

Location Tax and Legal

County: Monroe
Street Number: 4
Street Direction Prefix: S
Street Name: 9Th
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None

Remarks and Miscellaneous

Public Historical Remarks: Type: Converted, Type: Built as Apartment, Kitchens: Modern, Bathrooms: Modern, Unit 6 Floor #: 1st (Left), Unit 5 Floor #: 1st (Right), Unit 4 Floor #: 2nd (Right), Unit 3 Floor #: 2nd (Left), Miscellaneous: Zoning Code Commercial, Miscellaneous: Cert of Occ Req'd No. Unit 3 Floor #: 2nd (Left). Unit 4 Floor #: 2nd (Right). Unit 5 Floor #: 1st (Right). Unit 6 Floor #: 1st (Left)
Public Remarks: RARE INVESTMENT OPPORTUNITY to own in Downtown Stroudsburg. There are 6 modern rental units all with GREAT rental history. All the units are VERY WELL MAINTAINED and have been that way throughout the years. Each unit has 1 bedroom & bath with a lovely open floor plan that features the Living Room, fully equipped Kitchen, UPDATED flooring, & fully painted inside & out. Both buildings even have a recently repaired mental roof. 12+ parking spaces for the renters & their guests. Along with the units, there is also a 2400sqft WAREHOUSE & a 6 bay garage to be used as you please. This is an absolute turnkey & has passive income-producing from the ownership. Call us today to set up an appointment to see the units! MLS# PM-96496 is also being sold with this property!

Status Change Information

Price Change Timestamp: 2022-09-01T20:05:32Z
Purchase Contract Date: 2022-10-04
Close Date: 2022-12-01
Close Price: 820000

More Information

Income and Expenses

Gross Income: 79414
New Taxes Expense: 18968.53

Unit 1

Unit #: 909A
Occupied YN: Y
Actual Rent: 1100
SqFt Total: 633
Rooms Total: 3
Unit Remarks: Appliances: Yes

Unit 2

Unit #: 909B
Occupied YN: Y
Actual Rent: 1100
SqFt Total: 633
Rooms Total: 3
Unit Remarks: Appliances: Yes

Unit 3

Unit #: 4 9th Street
Actual Rent: 850
SqFt Total: 723
Rooms Total: 3
Unit Remarks: Appliances: Yes

Unit 4

Unit #: 4 9th Street
Actual Rent: 850
SqFt Total: 634
Rooms Total: 3
Unit Remarks: Appliances: Yes

Unit 5

Unit #: 4 9th Street
Occupied YN: Y
Actual Rent: 1100
SqFt Total: 485
Rooms Total: 3
Unit Remarks: Appliances: Yes

Unit 6

Unit #: 4 9th Street
Occupied YN: Y
Actual Rent: 1050
SqFt Total: 485
Rooms Total: 3
Unit Remarks: Appliances: Yes

Unit Details

1 Bedroom: 4

Location, Tax, and Legal

Parcel Number: 18-4.1.3.4
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 3316.67
School Tax Amount: 7729.34
Tax Annual Amount: 11046.01
Tax Assessed Value: 302400
Tax Book Number: 2217/2796
Zoning Description: Commercial

Currently Not Used

Number Of Units Total: 4

Listing Terms

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Accessibility Features

Accessible Entrance: Yes

Construction Materials

Aluminum Siding: Yes
T1-11: Yes

Roof

Flat: Yes
Other: Yes

Electric

200+ Amp Service: Yes

Cooling

Ceiling Fan(s): Yes

Heating

Electric: Yes
Zoned: Yes

Water Heater

Electric: Yes

Appliances

Water Heater: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Parking Features

Permit Required: Yes
Paved: Yes

Road Frontage Type

State Road: Yes
City Street: Yes

Road Surface Type

Paved: Yes

Road Responsibility

Public Maintained Road: Yes

Listing Office: Keller Williams Real Estate - Stroudsburg 803 Main

Last Updated: March - 03 - 2025

Information deemed reliable but not guaranteed.

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4 S 9Th Street, Stroudsburg, PA 18360 (MLS# PM-96497)