2 Single Family homes + 3 Car detached Garage and shed on 3.5 acres. Generate income on one and live in the other or continue to rent out both for max profit. Multiple possibilities with the additional land provided as well.
PRIME LOCATION 7 unit investment property. 6 townhomes built 2009, a log cabin and 7 garages. All currently rented. Each townhome features three bedrooms, one and a half baths, eat-in kitchen, living room, full basement, washer/dryer hook-up, private patio, propane heat and central air conditioning. The log cabin consists of two bedrooms plus loft, bathroom and basement. Oil heat and fireplace. All units rented with long term tenants. All units are rented at below market rate. Potential to raise rents for the townhomes. CURRENT CAP RATE is 7.53
Wow! 21 residential rental units all under 1 roof! Rent is currently under market but has scheduled rent increases and utility charges in play over the next few months! Schedule your appointment to see this multi family in East Stroudsburg Borough that contains 21 units which are a mixture of 1 and 2 bedrooms units, coin operated laundry room, and utility closets. Owner's just paved the entire parking area and are working on the landscaping and hallways currently. Entry doors have just been replaced and the wifi based secured entry key fob system will be completed in the next 2 weeks. Proof of funds/pre qual required to schedule a showing. Many long term tenants and room for rent increases to increase your CAP rate! Don't miss this one, it wont be listed long in this market!
Great turn-key investment opportunity generating top dollar income. This multifamily property is in a fantastic location with easy access to major highways ( very close to I-80), hospital, schools, various shopping centers, restaurants and popular attractions. This charming property built in 1902 has so much character achieved from decades of life taking place within their walls! The exterior elevation of this home is adorned by traditional stucco plaster, natural stone and beam elements. This Tri-Plex is partially fenced for great privacy with plenty off- street parking. This great home consists of three units which are currently occupied by long- term tenants with excellent rental history. The new owner will have tenant and rent options. Apartment #1 has over 1300 SF of living space
UNDER CONTRACT, ACCEPTING BACK-UP OFFERS ONLY. Incredible investment opportunity on this 10 unit residential rental property, 3 buildings encompassing 5 acres with 2 brand new septic systems. One building has 6 units; 2nd building has 3 units and rounding off this bundle is the cottage; there's parking for 15+ vehicles and is close to the highways for easy commuting. 95% occupancy over 20 years with a 9% cap rate.
The median home value in East Stroudsburg, PA is $268,200. This is lower than the county median home value of $280,400. The national median home value is $338,100. The average price of homes sold in East Stroudsburg, PA is $268,200. Approximately 42.04% of East Stroudsburg homes are owned, compared to 44.61% rented, while 13.35% are vacant. East Stroudsburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Stroudsburg real estate agent to arrange a tour today!
East Stroudsburg, Pennsylvania 18301 has a population of 9,820. East Stroudsburg 18301 is less family-centric than the surrounding county with 28.1% of the households containing married families with children. The county average for households married with children is 28.5%.
The median household income in East Stroudsburg, Pennsylvania 18301 is $59,262. The median household income for the surrounding county is $72,679 compared to the national median of $69,021. The median age of people living in East Stroudsburg 18301 is 36.3 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 50.3 inches per year, with 35.3 inches of snow per year.