4 S 9Th Street, Stroudsburg, PA 18360

$820,000
Property Type: Residential Income Square Footage: 4,416 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $820,000 List Date: 4/27/2022 Last Modified: 3/03/2025

Description

RARE INVESTMENT OPPORTUNITY to own in Downtown Stroudsburg. There are 6 modern rental units all with GREAT rental history. All the units are VERY WELL MAINTAINED and have been that way throughout the years. Each unit has 1 bedroom & bath with a lovely open floor plan that features the Living Room, fully equipped Kitchen, UPDATED flooring, & fully painted inside & out. Both buildings even have a recently repaired mental roof. 12+ parking spaces for the renters & their guests. Along with the units, there is also a 2400sqft WAREHOUSE & a 6 bay garage to be used as you please. This is an absolute turnkey & has passive income-producing from the ownership. Call us today to set up an appointment to see the units! MLS# PM-96496 is also being sold with this property!

More Information MLS# PM-96497

Contract Information

Listing Service: Full Service Property Sub Type: Multi Family Sold Price: $820,000 Current Price: $820,000 Status: Closed Listing Contract Date: 2022-04-27

Location, Tax, and Legal

Parcel Number: 18-4.1.3.4 Municipality: Stroudsburg Borough High School District: Stroudsburg Area Cnty&Muni Taxes (Legacy): 3316.67 School Tax Amount: 7729.34 Tax Annual Amount: 11046.01 Tax Assessed Value: 302400 Tax Book Number: 2217/2796 Zoning Description: Commercial

General Property Information

Building Area Source: Public Records Stories: 2 Number Of Buildings: 1 Basement YN: No Garage YN: Yes Parking Total: 12 Lot Size Acres: 0.22 List Price/SqFt: 198.14 Sold Price/SqFt: 185.69 Building Area Total: 4416 Year Built: 1902

Currently Not Used

Number Of Units Total: 4

Remarks and Miscellaneous

Public Historical Remarks: Type: Converted, Type: Built as Apartment, Kitchens: Modern, Bathrooms: Modern, Unit 6 Floor #: 1st (Left), Unit 5 Floor #: 1st (Right), Unit 4 Floor #: 2nd (Right), Unit 3 Floor #: 2nd (Left), Miscellaneous: Zoning Code Commercial, Miscellaneous: Cert of Occ Req'd No. Unit 3 Floor #: 2nd (Left). Unit 4 Floor #: 2nd (Right). Unit 5 Floor #: 1st (Right). Unit 6 Floor #: 1st (Left) Public Remarks: RARE INVESTMENT OPPORTUNITY to own in Downtown Stroudsburg. There are 6 modern rental units all with GREAT rental history. All the units are VERY WELL MAINTAINED and have been that way throughout the years. Each unit has 1 bedroom & bath with a lovely open floor plan that features the Living Room, fully equipped Kitchen, UPDATED flooring, & fully painted inside & out. Both buildings even have a recently repaired mental roof. 12+ parking spaces for the renters & their guests. Along with the units, there is also a 2400sqft WAREHOUSE & a 6 bay garage to be used as you please. This is an absolute turnkey & has passive income-producing from the ownership. Call us today to set up an appointment to see the units! MLS# PM-96496 is also being sold with this property!

Unit Details

1 Bedroom: 4

Income and Expenses

Gross Income: 79414 New Taxes Expense: 18968.53

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Unit 1

Unit #: 909A Occupied YN: Y Actual Rent: 1100 SqFt Total: 633 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Yes

Unit 2

Unit #: 909B Occupied YN: Y Actual Rent: 1100 SqFt Total: 633 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Yes

Unit 3

Unit #: 4 9th Street Actual Rent: 850 SqFt Total: 723 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Yes

Unit 4

Unit #: 4 9th Street Actual Rent: 850 SqFt Total: 634 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Yes

Unit 5

Unit #: 4 9th Street Occupied YN: Y Actual Rent: 1100 SqFt Total: 485 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Yes

Unit 6

Unit #: 4 9th Street Occupied YN: Y Actual Rent: 1050 SqFt Total: 485 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Yes

Accessibility Features

Accessible Entrance: 1

Construction Materials

Aluminum Siding: 1 T1-11: 1

Roof

Flat: 1 Other: 1

Electric

200+ Amp Service: 1

Cooling

Ceiling Fan(s): 1

Heating

Electric: 1 Zoned: 1

Water Heater

Electric: 1

Appliances

Water Heater: 1

Security Features

Smoke Detector(s): 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Parking Features

Permit Required: 1 Paved: 1

Road Frontage Type

State Road: 1 City Street: 1

Road Surface Type

Paved: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 4 Street Direction Prefix: S Street Name: 9Th Street Suffix: Street City (Post Office): Stroudsburg State: PA Postal Code: 18360 Subdivision Name: None

Status Change Information

Price Change Timestamp: 2022-09-01T20:05:32Z Purchase Contract Date: 2022-10-04 Close Date: 2022-12-01 Close Price: 820000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Accessibility Features: Accessible Entrance Construction Materials: Aluminum Siding; T1-11 Roof: Flat; Other Electric: 200+ Amp Service Cooling: Ceiling Fan(s) Heating: Electric; Zoned Appliances: Water Heater Security Features: Smoke Detector(s) Water Source: Public Sewer: Public Sewer Parking Features: Permit Required; Paved Road Frontage Type: State Road; City Street Road Surface Type: Paved Road Responsibility: Public Maintained Road
Listing Office: Keller Williams Real Estate - Stroudsburg 803 Main
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.