305 S Courtland Street, East Stroudsburg, PA 18301
MULTI_FAMILY - East Stroudsburg, PA
- Added:
- Jun 2, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 9 at 2:06 am
Property Features for 305 S Courtland Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Rooms
- Bedroom 7, Bathroom 2, Basement, Bedroom 1, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 8
- Standard status
- Active
- APN
- 05-3.1.7.7
- Size
- 3,806 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 303 305 S Courtland St
- Tax Annual Amount
- 7692
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Asphalt, Vinyl Siding
Listing agent Latanya Best (888) 397-7352
Listing office exp Realty, LLC - Philadelphia 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA (888) 397-7352
Listing date Jun 2, 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
- Oversized duplex with 1 five‑bedroom unit and 1 three‑bedroom unit, both currently occupied by in‑place tenants
- Recent improvements include a newer roof, replacement windows, and vinyl siding to help reduce future maintenance
- Large lot with ample off‑street parking and a detached garage
- Tenants pay their own heat, hot water, and electric utilities
- Public water and public sewer services
- Built in 1902; heating includes natural gas and electric (heating)
Overview
Located at 305 S Courtland Street in East Stroudsburg, PA (Monroe County), the site offers convenient residential access with parking on the property and no reliance on street parking for everyday use. The detached garage adds additional storage or parking flexibility.
For investors or owner-occupants seeking an income-producing asset, the duplex is set up with tenant responsibility for heat, hot water, and electric utilities, which can help simplify operating expenses. Both units are currently occupied, providing immediate rental income while maintaining a long-term residential rental profile. The combination of in-place tenancy and exterior/life-safety improvements, including the newer roof and replaced windows, supports practical ownership from day one.
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 | $54.8k | $14.40 |
| − Vacancy | −$1.9k | −$0.51 |
| EGI | $52.9k | $13.89 |
| − OpEx | −$15.9k | −$4.17 |
| NOI | $37.0k | $9.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.183286
- Latitude
- 40.994792
