255 Brodhead Avenue, East Stroudsburg, PA 18301
MULTI_FAMILY - Colonial - East Stroudsburg, PA
- Added:
- Apr 20, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 9 at 12:06 am
Property Features for 255 Brodhead Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Basement, Bedroom 5, Bedroom 1
- Patio and Porch features
- Porch
- Basement
- Full
- Standard status
- Pending
- APN
- 05-1.1.8.1
- Size
- 2,659 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7890
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle, Asphalt
- Architectural style
- Colonial
Listing agent Jamie L Scarpa License #RS347890 (570) 424-8850
Listing office RE/MAX Crossroads 815 Seven Bridge Road, East Stroudsburg, PA (570) 424-8850
Listing date Apr 20, 2026
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 separate buildings with 4 total units, featuring 6 bedrooms and 4 bathrooms
- 3 units currently occupied by long‑term tenants; 4th unit is fully gutted for customization
- Built in 1902 with Colonial architectural style
- Baseboard heating and shingle/asphalt roofing
- Public water and public sewer for utility service
Overview
Located in East Stroudsburg Borough at 255 Brodhead Avenue, the property benefits from in-town convenience and walkable access to East Stroudsburg University, Lehigh Valley Hospital, and the Crystal Street corridor. It is also described as being near shopping and everyday amenities, including Giant and Walmart Plaza. Public water and public sewer service are provided for the property.
For buyers, this is a practical residential income opportunity with a mix of occupied and renovation-ready space. The occupied units can support immediate occupancy, while the fully gutted unit provides flexibility for a tenant-ready rework based on the next operator’s plan. The two-building layout may also be of interest to investors seeking to manage multiple structures under one ownership while serving a tenant base connected to the university and regional healthcare employment.
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 | $38.3k | $14.40 |
| − Vacancy | −$1.3k | −$0.51 |
| EGI | $36.9k | $13.89 |
| − OpEx | −$11.1k | −$4.17 |
| NOI | $25.9k | $9.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.179297
- Latitude
- 40.993354
