NOT LISTED FOR SALE

118 Main St Stroudsburg, PA 18360

-- Bed
-- Bath
-- Sq Ft
1850 Built

Last Sold March 29, 2022

Last sale price $775,000

536 Days on Market

About This Home

As of March 2022

Income-producing nine-unit apartment building for sale. The property consists of four(4) two-bedroom apartments and five(5) one-bedroom apartments. The property also features a 4,500 SF warehouse/garage, which is currently vacant but can be leased for increased income. There are seven dedicated parking spaces and street parking. Coin operated laundry on site. Rents are currently below market, so there is considerable upside with efficient management. Property is situated 5 minutes away from DeSales University and many more amenities. Just minutes from Route 309, Route 378, with easy access to I-78.

Last Agent to Sell the Property

Ayon Codner

Keller Williams Allentown Listed on: 06/05/2020

Keller Williams Allentown

Co-Listed By

James Balliet

Keller Williams Allentown

Last Buyer's Agent

Joel Weiss

Setton Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,324

Year Built

  • Built in 1850

Lot Details

  • Property is zoned C-1

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction
  • Stucco Exterior

Parking

  • 7 Parking Spaces
  • Paved Parking
  • Off-Site Parking

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 642348450533 001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,324

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Detached
  • County Assessment: 510300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1850
  • Special Features: None

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking: Off Site, Paved Lot
  • Parking Spaces: 7

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 2500
  • Gas: 500
  • Insurance: 5000
  • Trash Removal: 4000
  • Water Sewer: 4000

Condo/Co-op/Association

  • Maintenance Repair: 3900

Fee Information

  • Operating Expense: 35072

Lot Info

  • Zoning Code: C-1

Rental Info

  • Other Expenses: 900

Tax Info

  • Assessor Parcel Number: 642348450533 001
  • County Taxes: 1928.93
  • Municipal Taxes: 2755.62
  • Total Taxes: 13323.93

Multi Family

  • School Taxes: 8639.38
  • Total Units: 9
  • Total Unit Count: 9

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
03/29/2022 03/29/22 Sold $775,000 -11.7% --
11/23/2021 11/23/21 Pending -- -- --
07/04/2021 07/04/21 Price Changed $878,000 -2.4% --
06/05/2020 06/05/20 For Sale $900,000 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 640330

Greater Lehigh Valley REALTORS®