Renovated Quadplex with Flexible
For Sale
$599,400
Pending
101-115 Imperial Dr, East Stroudsburg, PA
Four updated apartments offer modern finishes, private laundry, and adaptable owner-occupant or rental configurations.
Property Size3,520 SF
Days on Market21
Property Features for 101-115 Imperial Dr
General Information
Standard status
Pending
Size
3,520 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,835
Amenities
gated community
stainless steel appliances
granite countertops
in-unit washers and dryers
upgraded flooring
soaring ceilings
oversized windows
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RGB Real Estate LLC
(570) 424-6870
Listed By:
Robert Brown
(570) 424-6870
Source:
Exprealty
Added: Jul 15
Changed: Aug 2
Last Checked: Aug 2 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RGB Real Estate LLC
Investment Insights
Based on property information with market context.
This renovated quadplex contains four one-bedroom, one-bath apartments within a 3,520-square-foot building. Each residence includes stainless steel appliances, granite countertops, an in-unit washer and dryer, generous closet space, upgraded flooring, high ceilings, and oversized windows. The property is currently arranged as four separate apartments, with the physical configuration offering flexibility for continued rental use or a combined owner’s residence alongside additional rental units.
Residents have access to a gated community setting at 101-115 Imperial Dr in East Stroudsburg, Pennsylvania. The building is described as clean and well maintained, with the renovation providing updated interiors and reduced maintenance concerns. Showing access requires pre-approval because the apartments are occupied by tenants.
Residents have access to a gated community setting at 101-115 Imperial Dr in East Stroudsburg, Pennsylvania. The building is described as clean and well maintained, with the renovation providing updated interiors and reduced maintenance concerns. Showing access requires pre-approval because the apartments are occupied by tenants.
Key Highlights
- Four one‑bedroom, one‑bath apartments
- 3,520‑square‑foot renovated quadplex
- Stainless steel appliances and granite countertops in each apartment
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 | $50.7k | $14.40 |
| − Vacancy | −$1.8k | −$0.51 |
| EGI | $48.9k | $13.89 |
| − OpEx | −$14.7k | −$4.17 |
| NOI | $34.2k | $9.73 |
3,520 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$489.0K
$427.9K – $570.6K
NOI $34,233 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$450.6K
$394.3K – $525.8K
NOI $31,545 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.05M
$921.9K – $1.23M
NOI $73,751 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,237
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four updated apartments offer modern finishes, private laundry, and adaptable owner-occupant or rental configurations.
Where is this quadplex located?
The property is located at 101-115 Imperial Dr East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $599,400.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath apartments; 3,520‑square‑foot renovated quadplex; Stainless steel appliances and granite countertops in each apartment
