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Three-Unit Triplex with Shop
For Sale
$1,180,000

40 BRUSHY MOUNTAIN Road, East Stroudsburg, PA 18301

Multi-Family, EAST STROUDSBURG, PA

Property Size3,280 SF
Lot Size5.00 Acres
Price / SF$359.76
Days on Market93

Property Features for 40 BRUSHY MOUNTAIN Road

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Parking features Off Street, Parking Lot
Interior features Ceiling Fan(s), Kitchen - Eat-In
Appliances Dishwasher, Dryer, Refrigerator, Washer
Elementary school district STROUDSBURG AREA
Middle school district STROUDSBURG AREA
High school district STROUDSBURG AREA
Standard status Active
Size 3,280 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Annual Amount 6335

Utilities

Heating system Electric (Heating), Baseboard
Cooling system Ceiling Fan(s)

Building Details

Year built 1987
Number of units 4
Building materials Vinyl Siding
Architectural style Rambler
Listing Agency: Keller Williams Real Estate - Bethlehem · Keller Williams Realty
Listed By: Kelly Houston · License #RS337374
Added: Jul 10 Changed: Oct 8 Last Checked: Oct 10 at 9:06AM
MLS# PAMR2006892

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,280-square-foot triplex contains three apartments: two upper-level units with two bedrooms each and a lower unit with one bedroom. Each apartment has in-unit laundry and appliances. The property also includes a garage configured as shop and office space, plus two storage sheds. Electrical supplies, tools, and equipment may be included with the sale if desired.

Set on 5 acres, the property has off-street parking and a parking lot. Improvements include a replaced well pump and a water heater with a warranty. One apartment is vacant, while rental income is in place from the other units.

Key Highlights

  • Three apartments total: two 2‑bedroom units and one 1‑bedroom unit
  • 3,280 square feet of building area on 5 acres
  • Garage includes shop and office space; electrical supplies, tools, and equipment may be included if desired

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,966
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,320 $779.3K
Cap Rate 7%
$556,657 $556.7K
Cap Rate 9%
$432,956 $433.0K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$70.8K $21.60/SF
− Vacancy
−$8.5K −$2.59/SF
EGI
$62.3K $19.01/SF
− OpEx
−$23.4K −$7.13/SF
NOI
$39.0K $11.88/SF
Area
Monroe County, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,320
Cap Rate 7%
$556,657
Cap Rate 9%
$432,956

Alternative Uses

Best Use
Mixed Use
$556.7K
$487.1K – $649.4K (±1% cap)
NOI $38,966 @ 7.0% cap · market cap 3.30%
Second Best
Multifamily LT 5
$455.7K
$398.7K – $531.7K (±1% cap)
NOI $31,899 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$981.8K
$859.0K – $1.15M (±1% cap)
NOI $68,723 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Pharmacy Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 18301, PA

29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - A vacant apartment provides owner-occupancy or leasing flexibility alongside units with rental income in place.
Where is this triplex located?
The property is located at 40 BRUSHY MOUNTAIN Road East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Three apartments total: two 2‑bedroom units and one 1‑bedroom unit; 3,280 square feet of building area on 5 acres; Garage includes shop and office space; electrical supplies, tools, and equipment may be included if desired
More about this property
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