831 Main St - Apartments FOR SALE


Stroudsburg, PA 18360
$425,000 USD
570-460-1373
831 Main St, Stroudsburg, PA for Sale
$425,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

831 Main St
Stroudsburg, PA 18360


OVERVIEW

Turnkey 5-Unit Multifamily Investment Opportunity in the Heart of Stroudsburg Exceptional opportunity to acquire a 5-unit multifamily investment property in a prime Stroudsburg location with immediate cash flow and substantial upside potential. Situated along the Main Street corridor, this income-producing asset consists of two studio apartments, two 1-bedroom unit, and one 2-bedroom units, serving the strong workforce housing rental market in the Pocono region. The property currently generates $45,000 in gross annual rental income with stable in-place tenancy, offering investors reliable day-one cash flow while presenting a compelling value-add opportunity through strategic rent repositioning. Current rents remain below prevailing market levels, creating clear upside for increased NOI and long-term appreciation. Conveniently located near downtown Stroudsburg shopping, dining, healthcare, and employment centers, with excellent access to Interstate 80, Route 611, and Route 33, the property benefits from strong commuter demand and the region's continued rental housing growth. Ideal for investors seeking: Stable income-producing multifamily asset Value-add repositioning opportunity Portfolio expansion in a high-demand rental market 1031 exchange replacement property A rare opportunity to acquire a well-located small multifamily asset with both current income and future upside. Apartment and studio sqft is estimated.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

5

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C2

APN/PARCEL ID

18-4.1.4.1

ASK ABOUT THIS PROPERTY

Donald HannigSER Commercial Real EstateMore Info
570-460-1373

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Donald HannigSER Commercial Real EstateMore Info
570-460-1373

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