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7102 Route 209 2 Unit Apartment Building $650,000 ($325,000/Unit) 6.77% Cap Rate Stroudsburg, PA 18360
Investment Highlights
- 2 Residential Units
- Commercial Zoning-Hamilton Township
- 10x40 Single Face Off-Site Billboard
Executive Summary
Location! A unique opportunity to be diverisifed with a two-unit duplex and billboard for multiple income streams on 3.36 AC in beautiful Hamilton Township. Recently renovated interiors along with new roof, windows, and newer HVACs. This property consists of 1 - 2 Bedroom 1 Bath apartment, 1 - 1 Bedroom 1 Bath apartment, and one single sided Billboard boasting $57,600 in yearly income. Low taxes and beautiful setting. Easily accessible to Route 80, Route 33, and Route 611 - this property's location is superior for attracting a great tenant base.
Property Facts
| Price | $650,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $325,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.36 AC |
| Cap Rate | 6.77% | Building Size | 2,884 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1955 |
| Zoning | C - Commercial | ||
| Price | $650,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 3.36 AC |
| Building Size | 2,884 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Zoning | C - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 07.6.1.11 | Improvements Assessment | $89,120 |
| Land Assessment | $77,300 | Total Assessment | $166,420 |
Property Taxes
Parcel Number
07.6.1.11
Land Assessment
$77,300
Improvements Assessment
$89,120
Total Assessment
$166,420
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7102 Route 209
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