Buyer unable to secure financing! Prime investment opportunity in the heart of East Stroudsburg! This charming 1902 duplex offers two spacious 2-bedroom, 1-bath units—each with approx. 900 sq ft, separate entrances, gas heat, public water/sewer, and included appliances in as is condition. Whether you’re adding to your portfolio or beginning your investment journey, this property delivers reliable rental potential with low taxes and a convenient in-town location. Situated just minutes from major commuter routes, this home offers unbeatable access to New York City, New Jersey, and the Lehigh Valley—making it ideal for investors seeking strong demand from commuters, local professionals, and university renters. Walkable to shops, dining, and East Stroudsburg amenities, yet set on a manageable 0.12-acre lot for easy maintenance. Vacant and ready for next steps—renovate, lease, or owner-occupy one unit while generating income from the other. Don’t miss this flexible, high-potential property in a prime northeast PA location!
Every so often, an investment comes along that's more than numbers on a page — it's opportunity built into brick and mortar. 120 Ridgeway Street is exactly that: a well-positioned multifamily property in East Stroudsburg, located just minutes from the university. From the street, the property presents as a classic multi-unit residence — solid, established, and practical. But step closer, and you'll see where the real potential lies. The sale includes both the front building and the back lot (05-1/2/313 & 05-1/2/3/24), which is currently being used as parking — an increasingly valuable commodity in this part of town. Parking isn't just convenience here; it's leverage. Inside, you'll find a finished basement and a walk-up attic — both offering the kind of space investors love to unlock. Whether used for additional storage, laundry, or with proper approvals, potentially expanded living space, the flexibility here creates room for imagination — and income. And then there's the two-car garage, another underutilized asset that can generate additional revenue through rental or storage. With the right strategy, these spaces can transform this already-performing property into a true cash-flow engine. Located within walking distance of East Stroudsburg University, this property benefits from consistent rental demand year after year. The tenant base renews naturally with the school cycle, and the proximity to downtown, Route 80, and local amenities keeps occupancy strong. Each unit has separate meters and tenants pay their own utility bills. If you're looking for an investment that performs now and has the potential to perform even better tomorrow, 120 Ridgeway Street checks every box — location, existing income, and built-in upside.
Looking for a great opportunity? Look no further. This property sets on 51.52 beautiful acres. It is currently zoned for 100 units to be built. It currently has 11 residential units on it along with 2 storage facilities. 11 of the residential units are rented out. and both storage facilities are also rented. All information is deemed to be reliable but not accrate. Buyers to do their own due deligence.
Multifamily investment for sale in East Stroudsburg. The 3-unit property consists of a duplex and single-family home. Newly renovated property with off-street parking and convenient location within walking distance to East Stroudsburg University and Lehigh Valley Hospital. Currently fully occupied. Owner pays all utilities.
Wow! 21 residential rental units all under 1 roof! Rent is currently under market but has scheduled rent increases and utility charges in play over the next few months! Schedule your appointment to see this multi family in East Stroudsburg Borough that contains 21 units which are a mixture of 1 and 2 bedrooms units, coin operated laundry room, and utility closets. Owner's just paved the entire parking area and are working on the landscaping and hallways currently. Entry doors have just been replaced and the wifi based secured entry key fob system will be completed in the next 2 weeks. Proof of funds/pre qual required to schedule a showing. Many long term tenants and room for rent increases to increase your CAP rate! Don't miss this one, it wont be listed long in this market!
Great turn-key investment opportunity generating top dollar income. This multifamily property is in a fantastic location with easy access to major highways ( very close to I-80), hospital, schools, various shopping centers, restaurants and popular attractions. This charming property built in 1902 has so much character achieved from decades of life taking place within their walls! The exterior elevation of this home is adorned by traditional stucco plaster, natural stone and beam elements. This Tri-Plex is partially fenced for great privacy with plenty off- street parking. This great home consists of three units which are currently occupied by long- term tenants with excellent rental history. The new owner will have tenant and rent options. Apartment #1 has over 1300 SF of living space
UNDER CONTRACT, ACCEPTING BACK-UP OFFERS ONLY. Incredible investment opportunity on this 10 unit residential rental property, 3 buildings encompassing 5 acres with 2 brand new septic systems. One building has 6 units; 2nd building has 3 units and rounding off this bundle is the cottage; there's parking for 15+ vehicles and is close to the highways for easy commuting. 95% occupancy over 20 years with a 9% cap rate.
East Stroudsburg is located in Pennsylvania. East Stroudsburg, Pennsylvania has a population of 9,820. East Stroudsburg is less family-centric than the surrounding county with 18.95% of the households containing married families with children. The county average for households married with children is 28.5%.
The median household income in East Stroudsburg, Pennsylvania is $59,262. The median household income for the surrounding county is $72,679 compared to the national median of $69,021. The median age of people living in East Stroudsburg is 36.3 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 50.3 inches per year, with 35.3 inches of snow per year.
