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$350,000   Price Analysis
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510-512 N Courtland St
East Stroudsburg, PA 18301
6 bed 2 bath 2,452 SqFt ($142/SqFt)
7,405SqFt lot. Built 1920
Listed 2023-12-14		✓ USDA Eligible
near East Stroudsburg, PA
 Restrictions may apply
due to home size

Amazing opporunity to own a duplex in East Stroudsburg Borough!

* No Longer For Sale *
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Live in one side and keep the other rented or rent both sides. Property being sold at an 8% CAP rate with both sides rented!510 has a long term section 8 tenant paying $1393 per month and all utilities. Section 8 has approved increase of rent to $1700 as of June 1, 2024512 is vacant and ready for a move in at approximately $1700 per month!Property is dated but is in exceptionl condition and has passed all borough inspections!Schedule your appointment today!Property being sold as is; 512 (vacant side) is available to be seen anytime.

510 (tenant occupied side) requires 24 hour notice and proof of funds and is available to be seen on 2nd showing. Resale and Borough inspections completed!


Presented by Natasha Leap at
D-N-A Property Management Co.


Property MLS #PM-111579 from Pocono

Bedrooms: 6

SemiMod

Full Bathrooms: 2

Heating Features: Natural Gas
Water Heaters: Electric

Lot Size Acres: 0.17
Lot Size Square Feet: 7405

Road Surface Type: Paved

Parking Total: 4

Number of Buildings: 1
Number of 3 Bedroom Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1.00
Total Bathrooms in Unit-2: 1.00
Unit-1 Description: stove and fridge
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 1200
Unit 1 Total Actual Rent: 1393.00

Gross Income: 37116.00

School District: East Stroudsburg Area

East Stroudsburg Shs South is a public high school located approximately 0.5 miles away.
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J M Hill El School is a public elementary school located approximately 0.6 miles away.
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J T Lambert Intermediate School is a public middle school located approximately 0.9 miles away.
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Summit School of the Poconos is a private elementary, middle and high school located approximately 0.4 miles away.
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Maintenance Expense: 742.00

Annual Tax Amount: 6006.86
Source Listing Status: Closed
County: Monroe
Directions: East Stroudsburg Boro/N Courtland to property on Right toward Wendy's Restaurant. See Sign. Off Street Parking in Rear on Chestnut St
Source Property Type: Multi-Family
Insurance Expense: 3000.00
Area: East Stroudsburg Borough
Source Neighborhood: Z Not In A Development
New Taxes Expense: 6013.00
Ownership Type: Fee Simple
Parcel Number: 05730108881677
Subdivision: Z Not In A Development
Zoning: Multi
Property Subtype: Both Halves
Source System Name: C2C

Sold 2024-05-09
$300,000
Pocono
Listed 2023-12-14
$350,000
Pocono

Net Operating Income: 28103.00

Total Square Feet Living: 2452
Year Built: 1920
Building Exterior Type: Vinyl Siding
Property Age: 104
Levels or Stories: 2.0

Sewer: Public
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.