105 Pines Way, East Stroudsburg, PA 18301
$850,000
Property Type:
Commercial Sale
Square Footage:
8,599
Lot Size (sq. ft.):
82,764
Status:
Closed
Current Price:
$850,000
List Date:
11/11/2014
Last Modified:
5/09/2025
Description
7 unit investment property. 6 townhomes built 2009, a renovated log cabin and seven garage/storage units. 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 fireplace with oil boiler.
More Information MLS# PM-18273
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $850,000
Current Price: $850,000
Status: Closed
Listing Contract Date: 2014-11-11
Location, Tax, and Legal
Parcel Number: 17.3.1.79
Municipality: Stroud Township
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 3758.71
School Tax Amount: 16779.3
Tax Annual Amount: 20815.24
Tax Assessed Value: 106630
Tax Book Number: 2243/1691
Zoning Description: Residential
General Property Information
Above Grade Finished Area: 8599
Stories: 2
Number Of Buildings: 3
Year Built Source: Other
Lot Size Acres: 1.9
Sign On Property YN: No
List Price/SqFt: 109.2
Sold Price/SqFt: 98.85
Building Area Total: 8599
Year Built: 2009
Remarks and Miscellaneous
Public Historical Remarks: Warranty: None, Location: FreeStnd, Miscellaneous: Zoning Code R-3, Current Use: Investment
Public Remarks: 7 unit investment property. 6 townhomes built 2009, a renovated log cabin and seven garage/storage units. 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 fireplace with oil boiler.
Unit Details
Number Of Units Leased: 7
Income and Expenses
Cap Rate: 8.97
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Possible Use
Residential: 1
Multi-Family: 1
Building Features
Number of Levels: 2
Other: 1
Rail Road Track
None: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Heating
Natural Gas: 1
Oil: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
On Site: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 105
Street Name: Pines
Street Suffix: Way
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18301
Status Change Information
Price Change Timestamp: 2015-01-13T20:47:19Z
Purchase Contract Date: 2015-08-10
Close Date: 2015-10-01
Close Price: 850000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Residential
Possible Use: Residential; Multi-Family
Building Features: Other
Rail Road Track: None
Cooling: Central Air; Wall/Window Unit(s)
Heating: Natural Gas; Oil
Water Source: Public
Sewer: Public Sewer
Parking Features: On Site
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
KW Commercial - Main St
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.
