Pardees Loop East Stroudsburg, PA 18302
- Residential income homes
- 4,453 SF
- 1.88 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 0 Pardees Loop
- Lot size
- 1.88 lot acres
- Property size
- 4,453 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of three single-family homes situated on a spacious 1.88-acre lot in East Stroudsburg, Pennsylvania. The property boasts a combined square footage of 4,453, with each home individually built in 1968, 1972, and 1974 respectively. Currently operating at 100% occupancy with long-term tenants, this stabilized investment generates substantial rental income. The homes are in decent condition and benefit from on-site water and sewer. The property's significant advantage lies in its C1 commercial zoning, offering considerable flexibility for future development or alternative uses, including short-term rentals. The strategic location provides easy access to major metropolitan areas like New York City and New Jersey, and is conveniently close to retail amenities. The asking price is $725,000, translating to $162.81 per square foot and $241,667 per unit. The property's three separate parcel numbers are 09732304826787, 09732304827646, and 09732304829804. This is a fee simple ownership. This portfolio represents a compelling blend of immediate income generation and significant long-term potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.1074
- Latitude
- 41.05
