74 Broad Street, Stroudsburg, PA 18360
$630,000
Property Type:
Commercial Sale
Square Footage:
9,046
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$630,000
List Date:
1/13/2020
Last Modified:
5/09/2025
Description
Multifamily investment package for sale in the Poconos. The 10-unit package consists of 3 separate properties in Monroe County with 100% current occupancy. Owner will provide financing to qualified buyer. 74 Broad Street, Stroudsburg is a four unit with 1 three-bedroom, 2 one-bedroom and 1 loft unit. The three unit located at 58 Lenox Avenue, East Stroudsburg consists of 1 three-bedroom apartment and 2 two-bedrooms apartments. The 3 unit located at 135 Marion Street, Swiftwater includes a duplex (one bedroom each) and a two-bedroom cottage.
More Information MLS# PM-74875
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $630,000
Current Price: $630,000
Status: Closed
Listing Contract Date: 2020-01-13
Location, Tax, and Legal
Parcel Number: 18-5.1.4.11
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 1677.75
School Tax Amount: 3964.92
Tax Annual Amount: 5642.67
Tax Assessed Value: 24280
Tax Book Number: 2156/7945
Zoning Description: Multi-Family
General Property Information
Above Grade Finished Area: 9046
Stories: 2
Year Built Source: Other
Lot Size Acres: 0.87
List Price/SqFt: 77.27
Sold Price/SqFt: 69.64
Building Area Total: 9046
Year Built: 1910
Remarks and Miscellaneous
Public Historical Remarks: Road Type: Twp-rd, Warranty: None, Location: FreeStnd, Miscellaneous: Zoning Code R-1 and R-2
Public Remarks: Multifamily investment package for sale in the Poconos. The 10-unit package consists of 3 separate properties in Monroe County with 100% current occupancy. Owner will provide financing to qualified buyer. 74 Broad Street, Stroudsburg is a four unit with 1 three-bedroom, 2 one-bedroom and 1 loft unit. The three unit located at 58 Lenox Avenue, East Stroudsburg consists of 1 three-bedroom apartment and 2 two-bedrooms apartments. The 3 unit located at 135 Marion Street, Swiftwater includes a duplex (one bedroom each) and a two-bedroom cottage.
Unit Details
Number Of Units Leased: 10
Income and Expenses
Cap Rate: 9.18
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Possible Use
Residential: 1
Investment: 1
Multi-Family: 1
Building Features
Other: 1
Rail Road Track
None: 1
Construction Materials
Frame: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Heating
Electric: 1
Water Source
Public: 1
Well: 1
Sewer
Public Sewer: 1
Septic Tank: 1
Road Frontage Type
State Road: 1
See Remarks: 1
Road Surface Type
Paved: 1
Asphalt: 1
Gravel: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 74
Street Name: Broad
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Status Change Information
Purchase Contract Date: 2020-02-05
Close Date: 2020-05-15
Close Price: 630000
Property Features
Listing Terms: Cash; Conventional; Owner May Carry
Possession: Close Of Escrow
Current Use: Residential
Possible Use: Residential; Investment; Multi-Family
Building Features: Other
Rail Road Track: None
Construction Materials: Frame
Cooling: Central Air; Wall/Window Unit(s)
Heating: Electric
Water Source: Public; Well
Sewer: Public Sewer; Septic Tank
Road Frontage Type: State Road; See Remarks
Road Surface Type: Paved; Asphalt; Gravel
Road Responsibility: Public Maintained Road
Listing Office:
KW Commercial - Main St
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.
