5047 Milford Road, East Stroudsburg, PA 18301
$450,000
Property Type:
Commercial Sale
Square Footage:
3,328
Lot Size (sq. ft.):
47,045
Status:
Closed
Current Price:
$450,000
List Date:
9/01/2020
Last Modified:
12/08/2025
Overview
Description
Listing Details MLS# PM-80731
General Property Information
- Above Grade Finished Area
- 3328
- Building Area Total
- 3328
- Stories
- 2
- Year Built
- 1932
- Year Built Source
- Other
- Lot Size Acres
- 1.08
- List Price/SqFt
- 149.94
- Sold Price/SqFt
- 135.22
Property Features
Listing Terms:
Cash; Conventional
Disclosures:
Right of First Refusal
Possession:
Close Of Escrow
Current Use:
Commercial
Possible Use:
Residential; Investment
Business Type:
Hotel/Motel
Building Features:
Other
Cooling:
Central Air; Wall/Window Unit(s)
Heating:
Electric
Sewer:
Septic Tank
Road Frontage Type:
City Street
Road Surface Type:
Paved; Asphalt
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2020-08-21
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 5047
- Street Name
- Milford
- Street Suffix
- Road
- City (Post Office)
- East Stroudsburg
- State
- PA
- Postal Code
- 18301
Remarks and Miscellaneous
- Public Historical Remarks
- Level: Multi, Location: FreeStnd, Miscellaneous: Zoning Code C1- Commercial
- Public Remarks
- Motel style residential extended stay. Long term tenants with good upside in below market rents and potential additional units. Price at 8% cap rate. All units furnished with heat, a/c, internet, cable and trash provided. Ideally located on Route 209 just north of the Price Chopper complex in East Stroudsburg. Walking distance to shopping, restaurants and Martz Bus line service. 11 individual units ranging from studios to 1 bedroom units. Off site billboard on site for additional revenue.
Status Change Information
- Price Change Timestamp
- 2020-11-10T16:36:17Z
- Purchase Contract Date
- 2020-12-31
- Close Date
- 2021-10-06
- Close Price
- 450000
More Information
Unit Details
- Number Of Units Leased
- 11
Location, Tax, and Legal
- Parcel Number
- 09.9.2.24-25
- Municipality
- Middle Smithfield Township
- High School District
- East Stroudsburg Area
- Cnty&Muni Taxes (Legacy)
- 2306.58
- School Tax Amount
- 13768.7
- Tax Annual Amount
- 16075.3
- Tax Assessed Value
- 448200
- Tax Book Number
- 1479/375
- Zoning Description
- Commercial
Business Type
- Hotel/Motel
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Disclosures
- Right of First Refusal
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Residential
- Yes
- Investment
- Yes
Building Features
- Other
- Yes
Cooling
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
Heating
- Electric
- Yes
Sewer
- Septic Tank
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
TACM Commerical Realty Inc.
Last Updated: December - 08 - 2025
Information deemed reliable but not guaranteed.
