114 Elk Street, East Stroudsburg, PA 18301 (MLS# 25-5861)

$448,000

114 Elk Street, East Stroudsburg, PA 18301

2,111 sqft

Description

There's a certain kind of property that doesn't just look promising on paper — it feels smart the moment you see it. 114 Elk Street is that kind of find. Close your eyes for a second and picture steady rent checks coming in, tenants already settled, and a building that practically manages itself. It's the kind of investment you can feel confident stepping into right now — because the numbers make

Supplements: There's a certain kind of property that doesn't just look promising on paper  it feels smart the moment you see it. 114 Elk Street is that kind of find. Close your eyes for a second and picture steady rent checks coming in, tenants already settled, and a building that practically manages itself. It's the kind of investment you can feel confident stepping into right now  because the numbers make sense, and the location sells itself. Welcome to 114 Elk Street, a classic two-unit multifamily property located just blocks from East Stroudsburg University and the heartbeat of the Pocono region. Within minutes of walking, you're surrounded by student life, small-town energy, and consistent rental demand that keeps income steady year after year. You can almost feel the rhythm of campus life nearby  students heading to class, neighbors walking downtown, the quiet hum of a neighborhood that always feels alive. As you read this, you might already picture steady rent checks arriving, reliable tenants in place, and an investment that simply runs itself. Each unit offers comfortable layouts designed for convenience and long-term occupancy. Both are fully occupied, delivering instant cash flow from day one. The off-street parking  a rare advantage this close to the university  adds real-world value for tenants and investors alike. And then there's the location  just the right distance from it all. Walk to the university, local cafés, grocery stores, and downtown East Stroudsburg. It's an address that practically markets itself to students, staff, and long-term renters. Whether you're expanding your portfolio or stepping into your first income property, this one offers what every investor wants: stability, accessibility, and demand that never fades. Imagine owning a property that works as hard as you do  one that grows quietly in value while providing consistent returns.

More Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 2111
Est Age Range: 31 - 40 Yrs
Lot Size: 0.25
Current Price: $448,000
List Price: $448,000
List Date: 2025-11-17
House # (1): 114
Street Name: Elk
Street Suffix: Street
City (Post Office): East Stroudsburg
State/Province: PA
Zip Code: 18301
County: Monroe
MLS Area: Misc Out of County
School District: Other - See Remarks
Municipality: None
Develop/Subdivision: None
Directions: Fr East Stroudsburg Uni, head west on Normal St toward Prospect St. Turn left on Prospect, then right on E Brown St. Continue straight, cross N Courtland & follow Brown St. Turn right on East Strouds
Status: Active
Annual Gross Income: 45000
Annual Electric Exp: 1200
Annual Water Exp: 1200
Annual Real Est Tax: 4215
Unit #: 1
Approx SF: 720
# Rooms: 6
Monthly Rent: 2000
# Bedrooms: 4
Kitchen Style: Semi-Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit #: 2
Approx SF: 561
# Rooms: 4
Monthly Rent: 1750
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: Y
Water in Rent: Y
Sewer in Rent: N

Property Features

Heat Fuel Type: Electric Heat Type: Electric Baseboard AC Type: Other - See Remarks Condition: Very Good Exterior: Vinyl Roof: Comp Shingle Interior Finish: Drywall Water: Public Sewer: Public Basement: Unfinished

Property Info

ID: MLS# 25-5861
Type: Residential Income
Status: Active
Current Price: $448,000
List Date: 11/17/2025
Listing Office: LUXE Homes Real Estate

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