831 Main St, Stroudsburg, PA 18360

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Sold Price
$430,000
List Price
$425,000
Closing Date
Jun 30, 2026
MLS#
PM-141396
Status
CLOSED
City
Stroudsburg
County
Monroe
Neighborhood
Stroudsburg Borough
Lot Size
2,178
Year Built
1902

Property Description

Turnkey 5-Unit Multifamily Investment Opportunity in the Heart of Stroudsburg Exceptional opportunity to acquire a 5-unit multifamily investment property in a prime Stroudsburg location with immediate cash flow and substantial upside potential. Situated along the Main Street corridor, this income-producing asset consists of two studio apartments, two1-bedroom units, and one 2-bedroom unit, serving the strong workforce housing rental market in the Pocono region. The property currently generates $45,000 in gross annual rental income with stable in-place tenancy, offering investors reliable day-one cash flow while presenting a compelling value-add opportunity through strategic rent repositioning. Current rents remain below prevailing market levels, creating clear upside for increased NOI and long-term appreciation. Conveniently located near downtown Stroudsburg shopping, dining, healthcare, and employment centers, with excellent access to Interstate 80, Route 611, and Route 33, the property benefits from strong commuter demand and the region's continued rental housing growth. Ideal for investors seeking: Stable income-producing multifamily asset Value-add repositioning opportunity Portfolio expansion in a high-demand rental market 1031 exchange replacement property A rare opportunity to acquire a well-located small multifamily asset with both current income and future upside.

Additional Information

Acres
0.05
Lot Size
2,178
Sewer
Public Sewer
Stories
2
Taxes
$12,312

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Listing provided by SER Commercial Real Estate, LLC

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The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.