NOT LISTED FOR SALE

734 Monroe St Stroudsburg, PA 18360

4 Beds
4 Baths
2,268 Sq Ft
3,920 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $335,000 $148 Per Sq Ft

18 Days on Market

About This Home

As of April 2024

MULTIPLE OFFERS!!HIGHEST & BEST BEING CALLED FOR 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 Listed on: 01/29/2024

EXP Realty LLC

Co-Listed By

Latrecse Bellamy

Keller Williams Allentown License #RS355627

Last Buyer's Agent

nonmember nonmember

Pocono Mtn. Assoc. of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,145

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 18730006488978

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,200
  • Manager Expense $3,894
  • Other Expense $3,894
  • Trash Expense $1,405
  • Water Sewer Expense $2,180
  • Operating Expense $16,824
  • Gross Income $35,400
  • Net Operating Income $18,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,145

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • County Assessment: 179550.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Hardwood
  • Bathrooms: Old
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Square Footage: 2268

Exterior Features

  • Construction: Aluminum, Vinyl

Garage/Parking

  • Parking Spaces: 5

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 2200
  • Trash Removal: 1405
  • Water Sewer: 2180

Condo/Co-op/Association

  • Management: 3894

Fee Information

  • Operating Expense: 16824

Schools

  • School District: Stroudsburg

Lot Info

  • Acres: 0.090
  • Lot Sq Ft: 3920
  • Zoning Code: C-2

Rental Info

  • Other Expenses: 3894

Tax Info

  • Assessor Parcel Number: 18730006488978
  • County Taxes: 579.46
  • Municipal Taxes: 1614.15
  • Total Taxes: 7144.53

Multi Family

  • School Taxes: 4920.57
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Stroudsburg

Range of Values:

Collateral Analytics

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Average Value
Not Available
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 Change Sq Ft Price
04/26/2024 04/26/24 Sold $335,000 +6.3% $148 / Sq Ft
03/18/2024 03/18/24 For Sale $315,000 0.0% $139 / Sq Ft
03/15/2024 03/15/24 For Sale $315,000 0.0% $139 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $315,000 +8.6% $139 / Sq Ft
10/28/2022 10/28/22 Sold $290,000 -7.9% $128 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $315,000 -- $139 / Sq Ft
Source: Greater Lehigh Valley 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

    (484) 494-2320

    2 in this area

    316 Total Sales

    Jamie Achberger
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Latrecse Bellamy

    Keller Williams Allentown

    (610) 435-1800

    1 in this area

    16 Total Sales

    Latrecse Bellamy
    Section Image

  • n

    Buyer's Agent in 2024

    nonmember nonmember

    Pocono Mtn. Assoc. of REALTORS

  • S

    Seller's Agent in 2022

    Sara Smith-Katz

    BrokersRealty.com - Stroudsburg

    (570) 269-2999

    4 in this area

    43 Total Sales

    Sara Smith-Katz
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Joel Smith

    BrokersRealty.com - Stroudsburg

    (570) 594-0000

    4 in this area

    18 Total Sales

    Joel Smith
    Section Image
  • Janet Magrosky

    Buyer's Agent in 2022

    Janet Magrosky

    Keller Williams Real Estate - West End

    (570) 460-9838

    1 in this area

    36 Total Sales

    Janet Magrosky
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 732255

Greater Lehigh Valley REALTORS®
Pennsylvania Monroe County Stroudsburg 18360

734 Monroe St, Stroudsburg, PA

This home is located at 734 Monroe St, Stroudsburg, PA 18360 since 29 January 2024. This property was built in 1920. 734 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.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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