Six-Unit Multifamily
For Sale
$649,000
Pending
135 Marsh Rd, Stroudsburg, PA
Fully rented property combines an apartment building with a farmhouse and cottage on commercially zoned land.
Property Size4,056 SF
Lot Size10.80 Acres
Days on Market319
Property Features for 135 Marsh Rd
General Information
Standard status
Pending
Size
4,056 SF
Lot size
10.80 Acres
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
1 x 4BR/1.5BA, 1 x 1BR, 4 x 1BR/1BA
Multifamily Units
6
Additional Details
Cap Rate
10%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$10,344
Building Details
Buildings
3
Listing Agency:
SER Commercial Real Estate, LLC
(570) 350-3467
Listed By:
Joseph Baxter
(570) 350-3467
Source:
Exprealty
Added: Oct 9, 2025
Changed: Aug 22
Last Checked: Aug 23 at 7:34AM
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 SER Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This 6-unit multifamily property includes a 4-bedroom, 1.5-bath farmhouse, a 1-bedroom cottage, and a four-unit apartment building. Each apartment contains 1 bedroom and 1 bath. The improvements total 4,056 square feet and are fully rented.
The property encompasses 10.8 acres in Hamilton Township near Stroudsburg, Pennsylvania. Creekside positioning provides views toward the water and access to surrounding natural areas. Commercial zoning supports both residential and business use. Route 33 is less than 1 mile away, with I-80 nearby and connections to downtown Stroudsburg and the Lehigh Valley.
The property encompasses 10.8 acres in Hamilton Township near Stroudsburg, Pennsylvania. Creekside positioning provides views toward the water and access to surrounding natural areas. Commercial zoning supports both residential and business use. Route 33 is less than 1 mile away, with I-80 nearby and connections to downtown Stroudsburg and the Lehigh Valley.
Key Highlights
- Six‑unit property totaling 4,056 square feet
- 10.8‑acre site in Hamilton Township
- Includes a 4‑bedroom/1.5‑bath farmhouse and a 1‑bedroom cottage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,349
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$726,980
$727.0K
Cap Rate 7%
$519,271
$519.3K
Cap Rate 9%
$403,878
$403.9K
Market Conditions
NOI Build-Up for 4,056 SF
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.
Gross rent
$68.6K $16.92/SF
− Vacancy
−$2.5K −$0.63/SF
EGI
$66.1K $16.29/SF
− OpEx
−$29.7K −$7.33/SF
NOI
$36.3K $8.96/SF
Area
Monroe County, PA
Vacancy
3.70%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$726,980
Cap Rate 7%
$519,271
Cap Rate 9%
$403,878
Alternative Uses
Best Use
Apartment 5plus
$519.3K
$454.4K – $605.8K
NOI $36,349 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $84,981 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,655
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?
Apartment building - Fully rented property combines an apartment building with a farmhouse and cottage on commercially zoned land.
Where is this apartment building located?
The property is located at 135 Marsh Rd Stroudsburg, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Six‑unit property totaling 4,056 square feet; 10.8‑acre site in Hamilton Township; Includes a 4‑bedroom/1.5‑bath farmhouse and a 1‑bedroom cottage
