Price Reduction
Address
5047 Milford Rd East Stroudsburg, PA
Price
$ 499,000
Property Attributes
  • MLS#PM80731
  • TypeCommercial
  • CountyMONROE
  • CityEast Stroudsburg
  • AreaMiddle Smithfield Township
  • Zip18301
  • Style
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3328
  • Lot Size1.08 Acres
Listing Provided Courtesy Of:
TACM Commerical Realty Inc.
Property Description

Motel style residential extended stay. Long term tenants with good upside in below market rents and potential additional units. Price at 8% cap rate. All units furnished with heat, a/c, internet, cable and trash provided. Ideally located on Route 209 just north of the Price Chopper complex in East Stroudsburg. Walking distance to shopping, restaurants and Martz Bus line service. 11 individual units ranging from studios to 1 bedroom units. Off site billboard on site for additional revenue.

Price History
9/1/2020 Listed $549,900
11/10/2020 10% - $499,000

General Features

Cooling CntrlAC, Wall/WinAC
Financing Cash, Conventional
Heating Elec
Location FreeStnd
Miscellaneous: Zoning Code C1- Commercial
Property Type D
School District East Stroudsburg Area
Sewer Septic
Status Active
Stories 2.0

Interior Features

Living Area 3328.00
Useable Space: Maximum Available Sf 3328.00
Useable Space: Nmbr Of Rental Units 11.00

Exterior Features

Road Paved, Public
Road Surface Blk-top
Road Type City-Rd

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 18301

Price
AVG $170K
$500K
Visits
AVG 15
12
Year Built
AVG 1977
1932
Walkscore
AVG 29
39
Data Provided by Walkscore ® not using MLS data

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