Multifamily Investment with Owner Occupied Dwelling
Listing was updated on: 01/03/2021
Property Overview
| Price/Rent PSF | $ 745,000.00 |
| Asset Type | Multifamily |
| Trade Type | Sale |
| SQ. FT. Available | 5,786 |
| Date Available | 12/31/2020 |
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Description
Location
Stroud Township is located in Monroe County, Pennsylvania with a population of 13,978 and a median household income of $53,428. It is in the state’s Poconos region, approximately five miles from the Delaware Water Gap. Stroudsburg is part of the East Stroudsburg, PA Metropolitan Statistical Area, which in turn is part of the New York combined statistical area.
The Pocono Mountains is approximately 2 hours from Philadelphia, Harrisburg or Trenton and 1.5 hours from New York City. Area attractions and major employers include St. Luke’s Hospital, Sanofi Pasteur, Kalahari Resorts, Pocono Manor Resort, Great Wolf Lodge and Mt. Airy Casino Resort. Major area developments include the proposed $400 million Pocono Springs Entertainment Village and 130,000 square foot expansion of Kalahari Resort’s convention center.
Sale
KW Commercial, The Daniel Perich Group is offering this multifamily investment for sale in Stroudsburg. The 6-unit property consist of three buildings. The 4-bedroom, 2-bathroom main residence is 2,386 square feet and owner-occupied. The rear 1,408 square foot workshop could be used as-is or converted to an apartment. This two-bay garage has a 3-bedroom apartment on second floor. The 3-unit building consists of two 1-bedroom apartments and a 3-bedroom apartment. Private setting on 4.5 acres with plenty of parking. New 100-year metal roofs installed in 2016.
Location