NOT LISTED FOR SALE

1124 W Main St Stroudsburg, PA 18360

5 Beds
2 Baths
3,676 Sq Ft
10,454 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $255,000 $69 Per Sq Ft

91 Days on Market

About This Home

As of December 2021

2 Single Family homes on one parcel - Great investment opportunity! Main house is a 5 bedroom, 1.5 bath with hardwood floors throughout! Large living and dining room, enclosed rear porch with laundry and 1/2 bath, and covered front porch. 4 bedrooms and large bathroom on 2nd floor, and finished oversized attic with walk in closet is the 5th bedroom! Small yard separates the 2 houses. Rear home is a 2 bedroom, 1.5 bathroom with possibility to finish the walk out basement for an additional bedroom and bathroom. Both are currently tenant occupied with good paying tenants who wish to stay, but are willing to relocate if needed. Tenants pay all utilities. Owner pays taxes and insurance. NOI of $19,521 Sellers Agent is PA Licensed and one of the owners. Homes are rented under market value

Last Agent to Sell the Property

Natasha Leap

D-N-A Property Management Co License #RM425404 Listed on: 06/18/2021

Last Buyer's Agent

Christina Taliaferrow-Mosleh

D-N-A Property Management Co License #AB069410

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Siding

Interior Spaces

  • 3,676 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Basement

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 18-4.1.8.6

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $1,500
  • New Taxes Expense $6,279
  • Gross Income $27,300
  • Net Operating Income $19,521

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: W Main Street to Property; Go down alley on left side of 1124 and parking area in down behind 1126
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1928
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.24
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 570-424-8131
  • MLS Status: Closed
  • Subdivision Name: None
  • ResoBuildingAreaSource: Public Records
  • Location Tax and Legal Parcel Number2: 18-4.1.8.6
  • Location Tax and Legal School Tax Amount2: 4574.01
  • Location Tax and Legal Tax Annual Amount2: 6459.49
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.24
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling None4: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Income And Expenses New Taxes Expense: 6279.0
  • Cooling Separate Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick, Shingle Siding
  • Construction Materials:Brick: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Separate Meters, None
  • Heating: Baseboard, Hot Water, Electric, Natural Gas, Separate Meters
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Separate Meters2: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel Number: 18-4.1.8.6
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6459.49

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $255,000 -17.7% $69 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $310,000 0.0% $84 / Sq Ft
07/15/2019 07/15/19 Rented $1,400 0.0% --
06/27/2019 06/27/19 Under Contract -- -- --
06/27/2019 06/27/19 For Rent $1,400 -- --
Source: Pocono Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-88685

Pocono Mountains Association of REALTORS®