East Stroudsburg, PA 18301,2309 Milford Road
East Stroudsburg, PA 18301,2309 Milford Road
East Stroudsburg, PA 18301,2309 Milford Road
$1,700,000
Est. payment /mo
$1,850,000
8.1%
Est.Price: ?

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11,970 SqFt
SOLD DATE : 02/26/2021

Key Details

Sold Price $1,700,000

Property Type Condo

Sub Type Apartment Style

Listing Status Sold

Purchase Type For Sale

Square Footage 11,970 sqft

Price per Sqft $142

Subdivision Not In Development

MLS Listing ID 651781

Sold Date 02/26/21

Year Built 1952

Lot Size 22.170 Acres

Property Description

Completely remodeled 28-unit investment property producing over a 10% return. Currently operating as limited-stay lodging, each unit provides a fully furnished environment. A convenient laundry facility is being added for additional income. Onsite management provides for absentee ownership and low maintenance costs. Situated within minutes of all major roadways and amenities, this investment can provide a stable base of tenancies. Property to be subdivided from larger parcel to include 5+/- acres.

Location

State PA

County Monroe

Area Smithfield Twp

Interior

Cooling Wall AC

Exterior

Parking Features Unpaved Lot

Garage Spaces 50.0

Building

Story 1.0

Sewer Public

Water Well

New Construction No

Schools

School District East Stroudsburg

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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Listed by KW Commercial - Stroudsburg
Bought with NON MBR Office
Bairo Real Estate

+1(888) 782-2476 | support@bairorealestate.com

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