Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    East Stroudsburg Multifamily Investment Property Title is generated by Realmo AI

    254 Hollow Road, East Stroudsburg, PA 18302

    View on Map
    Claim this Listing
    For Sale
    $319,900

    MULTI_FAMILY - Other - East Stroudsburg, PA

    Property size:
    2,158 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $148/SF
    Added:
    Apr 16, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 254 Hollow Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Basement, Bathroom 2
    Window features
    Skylight(s)
    Patio and Porch features
    Deck
    Basement
    Full, Unfinished, Walk-Out Access
    Appliances
    Electric Range, Refrigerator, Range Hood
    Standard status
    Active
    APN
    09.8.1.19
    Size
    2,158 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4791

    Utilities

    Heating system
    Baseboard, Electric (Heating), Propane (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    1984
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Carpet, Plank
    Building materials
    T1-11
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Bob Hay
    Bob Hay

    Listing agent Bob Hay

    Listing office Keller Williams Real Estate - Stroudsburg 404 Park Avenue, Stroudsburg, PA

    Listing date Apr 16, 2026

    MLS# PM-140497 Listing URL

    Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑unit property: Main house (3 bed, 2 bath) and attached cottage (1 bed, 1 bath).
    • Potential for long‑term or short‑term rentals.
    • Main house features a large 4‑season room.
    • Cottage includes full kitchen, living room, and den.
    • Furnishings are available.
    • Deck included.

    Overview

    This two-unit multifamily property in East Stroudsburg, Pennsylvania, presents an investment opportunity for long-term rentals and may also qualify for short-term rentals. The main house features 3 bedrooms and 2 baths, complemented by a large four-season room. Furnishings are available. An attached one-bedroom cottage includes a full kitchen, living room, and den. The property is situated on a 0.46-acre lot and has a total size of 2158 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $31.1k $14.40
    − Vacancy −$1.1k −$0.51
    EGI $30.0k $13.89
    − OpEx −$9.0k −$4.17
    NOI $21.0k $9.73
    2,158 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $299.8K
    $262.3K – $349.8K (±1% cap)
    NOI $20,987 @ 7.0% cap · market cap 6.56%
    Second Best
    Apartment 5plus
    $276.3K
    $241.7K – $322.3K (±1% cap)
    NOI $19,339 @ 7.0% cap · market cap 6.05%
    Theoretical Best
    Office A
    $645.9K
    $565.2K – $753.6K (±1% cap)
    NOI $45,214 @ 7.0% cap · market cap 14.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel Pharmacy Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.0795
    Latitude
    41.047237

    Nearby Similar for Sale

    • $1,200,000
      11,094 SF

      Versatile Commercial Building, East Stroudsburg

      Two-story, 11,094 sq. ft. commercial building on 0.76 acres.
      110 N Courtland Street, East Stroudsburg, PA 18301
      View Details
    • $645,000
      3,190 SF

      Historic Mixed-Use Commercial Property

      Charming historic property on 3.67 acres with commercial zoning.
      5265 Milford Road, East Stroudsburg, PA 18302
      View Details
    • $985,000
      5,863 SF

      Established Restaurant and Bar Business

      Successful restaurant and bar with liquor license for sale.
      50 Crystal Street, East Stroudsburg, PA 18301
      View Details
    • $599,000
      5,484 SF

      East Stroudsburg Medical/Office Building

      Commercial medical/office building for sale in the Poconos medical district.
      371 E Brown Street, East Stroudsburg, PA 18301
      View Details
    • $399,900
      3,075 SF

      East Stroudsburg Professional Office Building

      Professional office building in a high-traffic East Stroudsburg location.
      2275 Milford Road, East Stroudsburg, PA 18301
      View Details
    • $125,000
      3,370 SF

      Turnkey Auto Repair Business

      Established auto repair business for sale on Route 209.
      2115 Milford Road, East Stroudsburg, PA 18301
      View Details
    • $329,900
      2,957 SF

      Turnkey Mixed-Use Investment Opportunity

      Mixed-use property with two units and a one-car garage.
      760 Milford Road, East Stroudsburg, PA 18301
      View Details
    • $839,000
      3,500 SF

      Turn-Key Auto Repair Business

      Profitable auto repair business with real estate for sale.
      207 Dartmouth Drive, East Stroudsburg, PA 18301
      View Details
    • $259,900
      2,672 SF

      Multigenerational Opportunity in Private Community

      Two homes, detached garage, lake access, ideal for extended family.
      2445 Dornick Road, East Stroudsburg, PA 18302
      View Details
    • $795,000
      7,908 SF

      COMMERCIAL - East Stroudsburg, PA

      37 Mill Creek Rd, East Stroudsburg, PA 18301
      View Details
    • $364,900
      2,219 SF

      Remodeled Duplex: Investment Opportunity

      Two-unit property ideal for income generation or extended family.
      428 King Street, East Stroudsburg, PA 18301
      View Details
    • $849,900

      EAST STROUDSBURG Office Building

      Commercial office building on 0.62 acres in EAST STROUDSBURG, PA.
      388 CHESTNUT Street, EAST STROUDSBURG, PA 18301
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property suitable for long or short-term rentals.
    Where is this duplex located?
    The property is located at 254 Hollow Road East Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: Two‑unit property: Main house (3 bed, 2 bath) and attached cottage (1 bed, 1 bath).; Potential for long‑term or short‑term rentals.; Main house features a **large 4‑season room**.
    (570) 421-2890
    We can help!
    Listing Contact
    Bob Hay
    Bob Hay
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    254 Hollow Road, East Stroudsburg, PA 18302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!