NOT LISTED FOR SALE

212 N 7th St Stroudsburg, PA 18360

-- Bed
-- Bath
4,900 Sq Ft
8,712 Sq Ft Lot

Last Sold June 16, 2022

Last sale price $645,000 $132 Per Sq Ft

83 Days on Market

Highlights

  • The property is located in a historic district
  • Hot Water Heating System
  • Laundry Facilities

About This Home

As of June 2022

Are you looking for a great investment that will cashflow with minimal involvement? 212 N 7th St may be perfect for you!
Get a 7% cap rate on this 100% occupied 4-unit investment property. All four units were renovated in the last 5 years. Roof is only 4 years old too. Tenants pay their own gas and electricity. They are accustomed to paying rent online each month. This property is professionally managed and the property manager is willing to continue for a seamless transition. Great location just 1 block from the courthouse and 2 blocks from main street. Walking distance to so much. Off street parking enough for each unit. Public water and sewer. Ask your agent for the virtual tour to see the entire property virtually. Property owned by a real estate licensee.

Last Agent to Sell the Property

Jeremiah Noll

RE/MAX Property Specialists - Pocono Lake License #RS337158 Listed on: 02/02/2022

Co-Listed By

Charmaine Newman

RE/MAX Property Specialists - Pocono Lake License #RS320479

Last Buyer's Agent

Jeremiah Noll

RE/MAX Property Specialists - Pocono Lake License #RS337158 Listed on: 02/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 1902

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,900 Sq Ft Home
  • 4-Story Property
  • Basement

Utilities

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

Additional Features

  • 8,712 Sq Ft Lot
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 18-2.2.2.14

Community Details

Building Details

  • Insurance Expense $1,210
  • New Taxes Expense $7,537
  • Gross Income $59,400

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,889

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Directions: From N 9th St turn onto Thomas St. Make a right at N 7th St and house is at the corner on the left.
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Building Stories: 4
  • Year Built: 1902
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Common Area
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: RSPS
  • Co List Office Phone: 570-972-2940
  • Co List Office Phone: 570-972-2940
  • MLS Status: Closed
  • Subdivision Name: None
  • ResoBuildingAreaSource: Estimated
  • Location Tax and Legal Parcel Number2: 18-2.2.2.14
  • Location Tax and Legal School Tax Amount2: 5490.62
  • Location Tax and Legal Tax Annual Amount2: 7888.79
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 4
  • General Property Information Lot Size Acres: 0.2
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses New Taxes Expense: 7537.0
  • Cooling Separate Meters: Yes
  • Laundry Features Common Area2: Yes
  • Lot Features Historic District: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Historic District
  • Construction Type: Stucco
  • Construction Materials:Stucco: 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: Hot Water, Electric, Natural Gas, Separate Meters
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Hot Water2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Separate Meters2: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 18-2.2.2.14
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7888.79
  • Tax Book Number: 2504/8124

Range of Values:

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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 Change Sq Ft Price
06/16/2022 06/16/22 Sold $645,000 0.0% $132 / Sq Ft
05/19/2022 05/19/22 Off Market $645,000 -- --
03/28/2022 03/28/22 Price Changed $650,000 -3.7% $133 / Sq Ft
02/01/2022 02/01/22 For Sale $675,000 +237.5% $138 / Sq Ft
01/16/2018 01/16/18 Sold $200,000 -24.5% $33 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
06/28/2016 06/28/16 For Sale $265,000 -- $44 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeremiah Noll

    RE/MAX

  • C

    Seller Co-Listing Agent in 2022

    Charmaine Newman

    RE/MAX

  • Sara Cramer

    Seller's Agent in 2018

    Sara Cramer

    Realty Executives - Stroudsburg

    (570) 476-1450

    4 in this area

    62 Total Sales

    Sara Cramer
    Section Image
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-94327

Pocono Mountains Association of REALTORS®
Pennsylvania Monroe County Stroudsburg 18360

212 N 7th St, Stroudsburg, PA

This home is located at 212 N 7th St, Stroudsburg, PA 18360 since 02 February 2022. This property was built in 1902. 212 N 7th St is a home located in Monroe County with nearby schools including Stroudsburg Junior High School, Stroudsburg High School, and Stroudsburg Seventh-day Adventist School.

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Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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