255 Washington St - Apartments FOR SALE


East Stroudsburg, PA 18301
$1,495,000 USD
570-801-6170
255 Washington St, East Stroudsburg, PA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/14
null | 6.02% Cap Rate

255 Washington St
East Stroudsburg, PA 18301


HIGHLIGHTS

  • Recently Updated
  • Paved Off-Street Parking
  • Public Utilities
  • Convenient Location
  • 6 one-bedroom & 2 Studio Apts.

OVERVIEW

Rare Multi-Family Investment FOR SALE. This 8-unit property was fully renovated in 2023 and features modern kitchens, gorgeous bathrooms, beautiful windows and doors, and new HVAC in every unit. Located in the center of East Stroudsburg, this apartment building is in one of the best spots around. Featuring SIX 1-bedroom and TWO studio Apartments and close to shopping, Historic Crystal St, ESU, the hospital, and Route 80, you can't get more desirable or convenient. Off-Street parking available for tenants, high-efficiency HVAC, and beautiful finishes make these apartments highly desirable. This is a great investment opportunity in the Borough of East Stroudsburg. Current Gross income $138,000. Call for details.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

8

PRICE/UNIT

$186,875

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1902

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3

APN/PARCEL ID

05-3.1.7.31

ASK ABOUT THIS PROPERTY

Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

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Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.