1328 Dreher Ave, Stroudsburg, PA 18360
$1,430,000
Property Type:
Commercial Sale
Square Footage:
12,765
Lot Size (sq. ft.):
601,128
Status:
Closed
Current Price:
$1,430,000
List Date:
7/22/2021
Last Modified:
3/03/2025
Description
Investors: Rare opportunity in the Glenbrook area, less than a mile to Stroudsburg and Route 80. 16-unit fully leased multi family in exceptionally nice residential area. 4 buildings in total. Building ''A'' is 2-stories and houses 9 apartments plus a basement laundry. Building ''M'', with new roof in 2020, is a single story with 6 one-bedroom apartments. The ''Cottage'' has one bedroom. Units are simple, functional and have many recent updates. ''Shell'' is a 5,800+ sq ft unfinished frame bldg with plans in place for additional 7+ rental units. Purchase also includes two 3+ acre zoned residential parcels. Fantastic residential location with unlimited potential for profitable expansion.
More Information MLS# PM-89801
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,430,000
Current Price: $1,430,000
Status: Closed
Listing Contract Date: 2021-07-13
Location, Tax, and Legal
Parcel Number: 17.12.7.1-1
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 8945.83
School Tax Amount: 22041.5
Tax Annual Amount: 31127.35
Tax Assessed Value: 828410
Tax Book Number: 2527/7401 et al
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 12765
Building Area Source: Estimated
Stories: 2
Year Built Source: Estimated
Lot Size Acres: 13.8
Sign On Property YN: No
List Price/SqFt: 121.11
Sold Price/SqFt: 112.03
Building Area Total: 12765
Year Built: 1928
Remarks and Miscellaneous
Public Historical Remarks: Warranty: None, Special Financing: None, Exterior Amenities: Bldg Extension Psbl, Miscellaneous: Zoning Code C1,R1, Current Use: Multi Family
Public Remarks: Investors: Rare opportunity in the Glenbrook area, less than a mile to Stroudsburg and Route 80. 16-unit fully leased multi family in exceptionally nice residential area. 4 buildings in total. Building ''A'' is 2-stories and houses 9 apartments plus a basement laundry. Building ''M'', with new roof in 2020, is a single story with 6 one-bedroom apartments. The ''Cottage'' has one bedroom. Units are simple, functional and have many recent updates. ''Shell'' is a 5,800+ sq ft unfinished frame bldg with plans in place for additional 7+ rental units. Purchase also includes two 3+ acre zoned residential parcels. Fantastic residential location with unlimited potential for profitable expansion.
Business Type
Bed & Breakfast: 1
Professional Service: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Term Options
None: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Current Use
Other: 1
Possible Use
Residential: 1
Recreational: 1
Medical/Dental: 1
Multi-Family: 1
Building Features
Other: 1
Rail Road Track
None: 1
Construction Materials
Frame: 1
Roof
Other: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Heating
Electric: 1
Oil: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Exterior Features
Other: 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: 1328
Street Name: Dreher Ave
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None
Status Change Information
Purchase Contract Date: 2021-11-22
Close Date: 2022-01-31
Close Price: 1430000
Property Features
Listing Terms: Cash; Conventional
Lease Term Options: None
Possession: Close Of Escrow; Negotiable
Current Use: Other
Possible Use: Recreational; Residential; Medical/Dental; Multi-Family
Business Type: Bed & Breakfast; Professional Service
Building Features: Other
Rail Road Track: None
Construction Materials: Frame
Roof: Other
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Electric; Oil
Water Source: Public
Sewer: Public Sewer
Exterior Features: Other
Parking Features: On Site
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
Realty Executives - Stroudsburg
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.

