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1961&1971 W Main Street

$1,300,000
1961&1971 W Main Street, Stroudsburg, PA 18360
1961&1971 W Main Street

1961&1971 W Main Street

$1,300,000

Investment Opportunity! Call Today For This 14-Unit, Fully-Occupied 'Cottage Park' Property in Stroudsburg, PA. Boasting just under $200K in gross annual rental revenues w controlled expenses, this property consists of one quadplex, one duplex and eight standalone cottages. Set on a main thoroughfare serviced by public utilities, this stabilized property is located a half-mile to major conveniences and employers at The Stroud Mall, Shoprite and Route 611's commercial corridor. Of the 14 Units, 10 have been gut renovated; 1 is a new build, while the remaining 3 still offer room to add value and revenue. Stroudsburg is the County Seat of Monroe County, which has a population of 165,000+. Property is 7 miles from the Delaware Water Gap Bridge to NJ via Route 80. Do Not Delay - Call Today!
Xander  Weidenbaum
Xander Weidenbaum Contact

Features & Amenities

Interior

Total Bedrooms 12
Total Bathrooms 7

Exterior

Stories 1
Water Source Public
ROOF Shingle
Heat type Baseboard, Electric
Air Conditioning Ceiling Fan(s)
Sewer Public Sewer

Area & Lot

Status Sold
LIVING SPACE 4,700 Sq.Ft.
LOT SIZE 0.9 Acres
MLS® ID PM-112423
Type Multi-Family
Year Built 1954
School District Stroudsburg Area

Financial

SALES PRICE $1,300,000
REAL ESTATE TAXES $11,226/yr

Boasting just under $200K in gross annual rental revenues with controlled expenses.

Redstone Run Realty

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