NOT LISTED FOR SALE

732 Monroe St Stroudsburg, PA 18360

-- Bed
-- Bath
3,288 Sq Ft
3,920 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $335,000 $102 Per Sq Ft

25 Days on Market

About This Home

As of April 2024

MULTIPLE OFFERS!!!H&B BY 3/19/2024 AT 6PM!!!This Monroe Street charming 4-unit property is Commercially zoned and offers a blend of classic appeal and positive income potential. Currently fully rented, with two leases operating on a month-to-month basis, it ensures immediate revenue for investors. However, its true value lies in the opportunity for rent increases with minor cosmetic enhancements, promising enhanced returns. Each unit boasts hardwood floors. Current Tenants pay utilities and Landlord pays water, sewer, & trash. This setup streamlines operational costs and ensures a hassle-free management experience. Moreover, a recent addition of a new roof on unit #734 enhances the property's value and minimizes maintenance concerns. Beyond its functional benefits, the property's tenant-friendly prime location offers walkable attractions like local stores, farmers' market and shops.

Last Agent to Sell the Property

Jamie Achberger

exp Realty, LLC - Allentown License #RS311251 Listed on: 03/16/2024

Last Buyer's Agent

April Ace

WEICHERT Realtors Acclaim - Tannersville License #AB068751

WEICHERT Realtors Acclaim - Tannersville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,864

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 3,288 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 18-3.1.11.15

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,200
  • Manager Expense $3,894
  • Trash Expense $1,405
  • New Taxes Expense $7,145
  • Gross Income $35,400
  • Net Operating Income $18,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,864

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Exit 307 onto Park Avenue, Left onto Park Avenue, Left onto Monroe to Property on the Right.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1920
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.09
  • Co List Office Phone: 484-547-9592
  • MLS Status: Closed
  • ResoBuildingAreaSource: Estimated
  • Location Tax and Legal Parcel Number2: 18-3.1.11.15
  • Location Tax and Legal School Tax Amount2: 4777.29
  • Location Tax and Legal Tax Annual Amount2: 6863.89
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.09
  • General Property Information Lot Size Dimensions: 3,920 SF
  • Roof:Shingle: Yes
  • Electric 200 Amp Service: 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
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses New Taxes Expense: 7144.53
  • Cooling Separate Meters: Yes
  • Manager Expense: 3894.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Information:Parking Total: 5.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Separate Meters, None
  • Electric: 200+ Amp Service
  • Heating: Electric
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes

Lot Info

  • Lot Dimensions: 3,920 SF
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel Number: 18-3.1.11.15
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6863.89
  • Tax Book Number: 2621/4522

Range of Values:

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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 Change Sq Ft Price
04/26/2024 04/26/24 Sold $335,000 -4.3% $102 / Sq Ft
03/21/2024 03/21/24 Price Changed $350,000 +11.1% $106 / Sq Ft
03/15/2024 03/15/24 For Sale $315,000 0.0% $96 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $315,000 -- $96 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jamie Achberger

    Seller's Agent in 2024

    Jamie Achberger

    exp Realty, LLC - Allentown

    (484) 494-2320

    2 in this area

    316 Total Sales

    Jamie Achberger
    Section Image
  • April Ace

    Buyer's Agent in 2024

    April Ace

    WEICHERT Realtors Acclaim - Tannersville

    (570) 223-3527

    7 in this area

    221 Total Sales

    April Ace
    Section Image
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-112389

Pocono Mountains Association of REALTORS®
Pennsylvania Monroe County Stroudsburg 18360

732 Monroe St, Stroudsburg, PA

This home is located at 732 Monroe St, Stroudsburg, PA 18360 since 16 March 2024. This property was built in 1920. 732 Monroe 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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