Updated
For Sale
$420,000
728-730 Ann Street, Stroudsburg, PA 18360
The property is one block behind Main Street and within walking distance of downtown amenities.
Property Size3,366 SF
Price / SF$124.78
Days on Market35
Property Features for 728-730 Ann Street
General Information
Standard status
Active
Size
3,366 SF
Property subtype
Residential Income
Zoning
C2, Commercial
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Gross Income
$44,400
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,771
Amenities
Eat-in Kitchen
Recessed Lighting
Storage
Building Details
Building Size
3,366 SF
Year Built
1902
Stories
2
Units
2
Listing Agency:
Keller Williams Real Estate - Stroudsburg
(570) 421-2890
Listed By:
Breanne Taylor Olwan
(272) 436-3764
Source:
Lakenaomipropertygroup
Added: Sep 29
Changed: Oct 31
Last Checked: Oct 31 at 2:17PM
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 Keller Williams Real Estate - Stroudsburg
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,366-square-foot duplex contains two three-bedroom units, for a total of six bedrooms. Improvements completed within the last two years include new flooring, marble tile, refreshed kitchens and bathrooms, new siding, interior paint, and plumbing work. The property was built in 1902 and is zoned C2, Commercial.
The building sits one block behind Main Street in Stroudsburg. Downtown shops, restaurants, cafes, entertainment, and community events are within walking distance.
The building sits one block behind Main Street in Stroudsburg. Downtown shops, restaurants, cafes, entertainment, and community events are within walking distance.
Key Highlights
- Two units with three bedrooms each
- 3,366 square feet
- C2, Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,735
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,700
$654.7K
Cap Rate 7%
$467,643
$467.6K
Cap Rate 9%
$363,722
$363.7K
Market Conditions
NOI Build-Up for 3,366 SF
Gross rent
$48.5K $14.40/SF
− Vacancy
−$1.7K −$0.51/SF
EGI
$46.8K $13.89/SF
− OpEx
−$14.0K −$4.17/SF
NOI
$32.7K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,700
Cap Rate 7%
$467,643
Cap Rate 9%
$363,722
Alternative Uses
Best Use
Multifamily LT 5
$467.6K
$409.2K – $545.6K
NOI $32,735 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$430.9K
$377.1K – $502.8K
NOI $30,165 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.01M
$881.6K – $1.18M
NOI $70,524 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,595
Businesses Nearby
Explore this area
Business Placement
Demographics for 18360, PA
29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property is one block behind Main Street and within walking distance of downtown amenities.
Where is this duplex located?
The property is located at 728-730 Ann Street Stroudsburg, PA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two units with three bedrooms each; 3,366 square feet; C2, Commercial zoning
