339 Race Street, East Stroudsburg, PA 18301
$2,300,000
Property Type:
Commercial Sale
Square Footage:
27,888
Lot Size (sq. ft.):
33,106
Status:
Closed
Current Price:
$2,300,000
List Date:
8/29/2015
Last Modified:
5/09/2025
Description
34 residential units with 100% occupancy. Priced below appraised value. Well maintained properties with strong rental history. Units consist of 30 two-bedrooms and 4 one-bedrooms. 339 Race Street has 15,840 square feet with 18 apartments, each having a living room, eat-in kitchen, 2 bedrooms and one bathroom. 10 Adams Street is 13,272 square feet with 8 two-bedrooms and 4 one-bedrooms. 106 Madison Avenue consists of 4,788 square feet and has 4 two-bedroom apartments.
More Information MLS# PM-26069
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $2,300,000
Current Price: $2,300,000
Status: Closed
Listing Contract Date: 2015-07-21
Location, Tax, and Legal
Parcel Number: 05-5.1.8.2
Municipality: East Stroudsburg Borough
High School District: East Stroudsburg Area
Cnty&Muni Taxes (Legacy): 10204.42
School Tax Amount: 43159.35
Tax Annual Amount: 53626.34
Tax Assessed Value: 238700
Tax Book Number: 2425/5287
Zoning Description: Residential
General Property Information
Above Grade Finished Area: 27888
Stories: 3
Number Of Buildings: 3
Year Built Source: Other
Lot Size Acres: 0.76
Sign On Property YN: No
List Price/SqFt: 85.7
Sold Price/SqFt: 82.47
Building Area Total: 27888
Year Built: 1989
Remarks and Miscellaneous
Public Historical Remarks: Roof: Ridged, Level: Multi, Location: FreeStnd, Ceiling: 0-9FT, Miscellaneous: Zoning Code R-3
Public Remarks: 34 residential units with 100% occupancy. Priced below appraised value. Well maintained properties with strong rental history. Units consist of 30 two-bedrooms and 4 one-bedrooms. 339 Race Street has 15,840 square feet with 18 apartments, each having a living room, eat-in kitchen, 2 bedrooms and one bathroom. 10 Adams Street is 13,272 square feet with 8 two-bedrooms and 4 one-bedrooms. 106 Madison Avenue consists of 4,788 square feet and has 4 two-bedroom apartments.
Unit Details
Number Of Units Leased: 34
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Possible Use
Residential: 1
Investment: 1
Multi-Family: 1
Building Features
Ceiling Height: 9
Other: 1
Construction Materials
Frame: 1
Roof
Other: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Heating
Electric: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
On Site: 1
Lot Features
Corner Lot: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 339
Street Name: Race
Street Suffix: Street
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18301
Status Change Information
Purchase Contract Date: 2015-09-10
Close Date: 2015-10-14
Close Price: 2300000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Residential
Possible Use: Residential; Investment; Multi-Family
Building Features: Other
Construction Materials: Frame
Roof: Other
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Electric
Water Source: Public
Sewer: Public Sewer
Parking Features: On Site
Lot Features: Corner Lot
Road Frontage Type: City Street
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.
