197 Washington Street, East Stroudsburg PA 18301 Photo 1 197 Washington Street, East Stroudsburg PA 18301 Photo 2 197 Washington Street, East Stroudsburg PA 18301 Photo 3 197 Washington Street, East Stroudsburg PA 18301 Photo 4 197 Washington Street, East Stroudsburg PA 18301 Photo 5 197 Washington Street, East Stroudsburg PA 18301 Photo 6 197 Washington Street, East Stroudsburg PA 18301 Photo 7 197 Washington Street, East Stroudsburg PA 18301 Photo 8 197 Washington Street, East Stroudsburg PA 18301 Photo 9

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197 Washington Street - Turn Key, cash flowing, fully occupied 4-unit multi-family apartments with strong cap rate located in the heart of East Stroudsburg located next to the East Stroudsburg University and the local hospital and minutes from I-80. Solid leases.. Immediate re-rents. This is a sought after area for tenants equaling low vacancy. There are 4 garage parking spaces that are not currently rented and could yield $50.00/mo. Units include rear porches, balconies, and lawn area. *New Paint *New Windows *New Flooring *New Sidewalk *Separate Utilities. Current rents have not been raised in years and are below market rents. ***Previously listed at $379k, with over a $100k price REDUCTION to now at $259k***

Listing information

  • MLS® ID: 558538
  • Beds: 4
  • Stories: 2
  • Total Square Footage: 2,628 ($98.55 per sq. foot)
  • County: Monroe
  • Style: Apartment
  • Baths: 4 (Full: 4 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.09
  • School District: East Stroudsburg
  • Year Built: 1902
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $6,203
  • Subdivision: Not in Development

Features

Area East Stroudsburg Boro
Construction Vinyl
Cooling Window Ac
Features Balcony, Fire Escape, Hardwood
Other Electric - 1500, Gas - 3000, Gross Income - 38400, Heat - 0, Net Income - 24188, Operating Expense - 14212, Other Expenses - 0, Water/Sewer - 1080, Zoning Code - R-3
Parking Garage
Property Category Apartment Style
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Keller Williams Real Estate