East Stroudsburg, PA Multi-Family Commercial Real Estate
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East Stroudsburg
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Address
Asking Price
2309 Milford Road
2309 Milford Rd
East Stroudsburg, PA
Lot Size:5.00Acres
East Stroudsburg is the second town from the New Jersey-Pennsylvania border along Interstate 80. It is home to the two largest service institutions in the county – East Stroudsburg University and Lehigh Valley Hospital – Pocono. The Pocono Mountains is approximately 2 hours from Philadelphia, Harrisburg or Trenton and 1.5 hours from New York City. It features more than 30 golf courses, 4 indoor waterparks, abundant shopping centers and various seasonal recreational activities. Major area developments include the proposed $400 million Pocono Springs Entertainment Village, the 130,000 square foot expansion of Kalahari Resort’s convention center, and the new Harley Davidson dealership. KW Commercial, The Daniel Perich Group is offering this multifamily investment for sale East Stroudsburg. Completely remodeled 28-unit investment property producing over a 10% return. Currently operating as limited-stay lodging, each unit provides a fully furnished environment. A convenient laundry facility is being added for additional income. Onsite management provides for absentee ownership and low maintenance costs. Situated within minutes of all major roadways and amenities, this investment will provide a stable base of tenancies. Property to be subdivided from larger parcel to include 5+/- acres.
$1,850,000
Washington St Apartments
296 Washington St
East Stroudsburg, PA
Lot Size:0.18Acres
Center of retail district in East Stroudsburg, close to East Stroudsburg University & hospitals. Easy in town transportation and shopping within good walking district. Adjacent property under complete renovations for new retail and housing. Recently renovated 9 unit apartment building with 2 street commercial store fronts. Ideally located within walking distance to all major shopping, university and short drives to major medical facilities. Easy in town transportation. Adjacent property under new development plans for expanded retail and additional housing. Strong history of rents and decent return on investment with possible value add.
$800,000
Desirable Duplex | 207 Washington St
207 Washington St
East Stroudsburg, PA
Lot Size:0.12Acres
Located at 207 Washington Street, East Stroudsburg Value add opportunity! Off campus housing shortage. Potential rent $3,000/month Terrific 2 unit property in the Borough of East Stroudsburg. 2 unit up/down on desirable Washington Street. Great visibility and location to employers and retail. Off street parking with separate entrances for each unit. Low taxes! Great investment opportunity. Located near new and existing development in the trifecta - Major Highway (Route 80), Major Employer (Lehigh Valley Hospital) and Educational Institution (East Stroudsburg University). Additional properties available in the immediate area to build your portfolio. Financing for purchase available!
$140,000
Willow Street Apartments
339 Race St
East Stroudsburg, PA
Lot Size:1.56Acres
Three property package on 3 parcels. 18 unit building on Race St, 4 unit and 12 unit on Adams St. Properties are all in close proximity, with Madison and Adams on neighboring parcels sharing a parking lot. The East Stroudsburg units are a mix of (30) 2 BR apartments and (4) 1 BR apartments. The buildings feature on site coin operated laundry, paved and lit parking lots, and storage areas for tenants (additional potential income). 28 out of the 34 units have been fully renovated with new flooring, paint, cabinets, lighting, appliances, fixtures and more. 1 parking lot was repaved and striped in 2017. Common hall ways have been remodeled with new flooring, paint and fixtures.
$3,250,000
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Market Stats
East Stroudsburg has 123 commercial real estate spaces for lease, representing 871,112 sqft space.
41 buildings are available for sale.
In the past 30 days, East Stroudsburg has had 15 spaces leased.
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