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7102 Route 209 2 Unit Apartment Building $922,935 CAD ($461,467 CAD/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. The property generating $57,600 gross yearly. 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 | $922,935 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $461,467 CAD | 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 | $922,935 CAD |
| Price Per Unit | $461,467 CAD |
| 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 | $126,631 CAD |
| Land Assessment | $109,836 CAD | Total Assessment | $236,468 CAD |
Property Taxes
Parcel Number
07.6.1.11
Land Assessment
$109,836 CAD
Improvements Assessment
$126,631 CAD
Total Assessment
$236,468 CAD
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7102 Route 209
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