421 Zinc Lane, East Stroudsburg, PA 18302

$935,000

Property Type: Residential Income Square Footage: 18,500 Lot Size (sq. ft.): 1,488,445 Status: Closed

Current Price: $935,000 List Date: 6/23/2020 Last Modified: 3/03/2025

Description

13 units - in 7 buildings Gross Rents $144720 Tenants pay all utilities Over 30 buildable acres - current structures sit on about 7 acres

More Information MLS# PM-78457

Contract Information

Listing Service: Full Service Property Sub Type: Multi Family Sold Price: $935,000 Current Price: $935,000 Status: Closed Listing Contract Date: 2020-06-22

Location, Tax, and Legal

Parcel Number: 09.9.1.64 Municipality: Middle Smithfield Township High School District: East Stroudsburg Area Cnty&Muni Taxes (Legacy): 3786.81 School Tax Amount: 22604.7 Tax Annual Amount: 26391.51 Tax Assessed Value: 735830 Tax Book Number: 2276/6646 Zoning Description: Residential

General Property Information

Stories: 1 Number Of Buildings: 7 Basement YN: No Parking Total: 99 Lot Size Acres: 34.17 List Price/SqFt: 64.59 Sold Price/SqFt: 50.54 Building Area Total: 18500 Year Built: 1927

Currently Not Used

Number Of Units Total: 13

Remarks and Miscellaneous

Public Historical Remarks: Utility Billing: Separate Electric, Type: Single, Type: Complex, Type: Built as Apartment, Kitchens: Modern, Bathrooms: Modern, Miscellaneous: Zoning Code R1, Miscellaneous: Cert of Occ Req'd No Public Remarks: 13 units - in 7 buildings Gross Rents $144720 Tenants pay all utilities Over 30 buildable acres - current structures sit on about 7 acres

Unit Details

1 Bedroom: 4 2 Bedroom: 6 3 Bedroom: 1 4 Bedroom: 2

Income and Expenses

Gross Income: 142680 Insurance Expense: 4500 New Taxes Expense: 29000 Electric Expense: 3200 Maintenance Expense: 5000

Listing Terms

Cash: 1

Tenant Pays

Electricity: 1 Water: 1 Trash Collection: 1

Possession

Close Of Escrow: 1

Unit 1

Unit #: 335 Copper # 101 Occupied YN: Y Actual Rent: 650 SqFt Total: 650 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Stove Refrigerator

Unit 2

Unit #: 335 Copper # 102 Occupied YN: Y Actual Rent: 850 SqFt Total: 900 Rooms Total: 4 Beds Total: 2 Baths Total: 1 Unit Remarks: Appliances: Stove Fridge

Unit 3

Unit #: 335 Copper # 201 Occupied YN: Y Actual Rent: 650 SqFt Total: 600 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Stove Fridge

Unit 4

Unit #: 335 copper # 202 Occupied YN: Y Actual Rent: 800 SqFt Total: 900 Beds Total: 2 Baths Total: 1 Unit Remarks: Appliances: Stove Fridge

Unit 5

Unit #: 335 Copper # 300 Occupied YN: Y Actual Rent: 945 SqFt Total: 1000 Beds Total: 2 Baths Total: 1 Unit Remarks: Appliances: Stove Fridge

Unit 6

Unit #: 337 Copper Occupied YN: Y Actual Rent: 650 SqFt Total: 600 Beds Total: 1 Baths Total: 1 Unit Remarks: Appliances: Stove Fridge

Unit 7

Unit #: 332 Copper Occupied YN: Y Actual Rent: 1500 SqFt Total: 3500 Beds Total: 6 Baths Total: 3 Unit Remarks: Appliances: Stove Fridge

Unit 8

Unit #: 334 Copper Occupied YN: N Actual Rent: 700 SqFt Total: 1200 Beds Total: 3 Baths Total: 1

Unit 9

Unit #: 417 Zink Occupied YN: Y Actual Rent: 1250 SqFt Total: 2000 Beds Total: 4 Baths Total: 2 Unit Remarks: Appliances: Stove Fridge

Laundry Features

Electric Dryer Hookup: 1 Gas Dryer Hookup: 1 Washer Hookup: 1

Construction Materials

Aluminum Siding: 1 Stucco: 1 Vinyl Siding: 1

Cooling

Wall/Window Unit(s): 1 Separate Meters: 1 Varies by Unit: 1

Heating

Baseboard: 1 Forced Air: 1 Electric: 1 Oil: 1

Water Heater

Electric: 1 Oil: 1

Appliances

Water Heater: 1

Security Features

Smoke Detector(s): 1

Water Source

Well: 1

Sewer

Septic Tank: 1

Road Frontage Type

Private Road: 1

Road Surface Type

Paved: 1

Road Responsibility

Private Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 421 Street Name: Zinc Street Suffix: Lane City (Post Office): East Stroudsburg State: PA Postal Code: 18302 Subdivision Name: None

Status Change Information

Purchase Contract Date: 2020-10-07 Close Date: 2020-12-03 Close Price: 935000

Property Features

Listing Terms: Cash Tenant Pays: Electricity; Water; Trash Collection Possession: Close Of Escrow Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Construction Materials: Aluminum Siding; Stucco; Vinyl Siding Cooling: Wall/Window Unit(s); Separate Meters; Varies by Unit Heating: Baseboard; Forced Air; Electric; Oil Water Heater: Electric; Oil Appliances: Water Heater Security Features: Smoke Detector(s) Water Source: Well Sewer: Septic Tank Road Frontage Type: Private Road Road Surface Type: Paved Road Responsibility: Private Maintained Road

Listing Office: Village Views Realty, LLC

Last Updated: March - 03 - 2025

Information deemed reliable but not guaranteed.