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


$448,000
114 Elk Street
East Stroudsburg, PA 18301
MLS# 25-5861
Status: Closed
2111 sqft


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Twilight 2D Floor Plan for 112 Elk Street Suite T All Floors Floor 1 2 Floor 2 Photo-1 Photo-2 Photo-3 Photo-4 (1) Photo-5 Photo-6 Photo-7 Photo-8 Photo-9 Photo-10 Photo-11 (1) Photo-12 Photo-13 Photo-14 Photo-15 Photo-16 Photo-17 Photo-18 Photo-19 Photo-20 Photo-21 Photo-22 Photo-23 Photo-24 Photo-25 Photo-26 Photo-27 Photo-28 Photo-29 Photo-31 Photo-32 Photo-33 Photo-34 Twilight

Property 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

Details
Maps
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 31 - 40 Yrs
Lot Size: 0.25
Property Sub Type: Multi Family
Building Area Total: 2111
Location, Tax & Legal
Zoning: Multi-Family
PIN #: 05-1.2.1.9
DB/Record Book: 2515
Page: 6532
Total County Assmnt: 516.7
Est County Tax: 516.7
Est Total Tax: 4215
Street Number: 114
Street Name: Elk
Street Suffix: Street
State: PA
Postal Code: 18301
County: Monroe
MLS Area Major: Misc Out of County
SchoolDistrict: Other - See Remarks
Township: None
Subdivision Name: None
Remarks & Directions
Hot Sheet Comment: new
Expenses
Annual Gross Income: 45000
Annual Electric Exp: 1200
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 1200
Annual Sewer Exp: 0
Annual Real Est Tax: 4215
Annual Fire/Liabilty: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 0
Anl Net Inc b/4 Debt: 0
Heat Fuel Type
Electric: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Condition
Very Good: 1
AC Type
Other - See Remarks: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Basement
Unfinished: 1
Unit 1 Info
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 Info
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
Listing Information
Current Price: $398,000
Sold Price: $398,000
Listing Contract Date: 2025-11-17
Remarks Directions
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 Change Information
Status: Closed
Purchase Contract Date: 2025-12-22
Close Date: 2026-01-09
Close Price: 398000
Property Features
Heat Fuel Type: Electric
AC Type: Other - See Remarks
Condition: Very Good
Exterior: Vinyl
Basement: Unfinished
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.

Listing Office: LUXE Homes Real Estate
Listing Agent: Jason Heimrich

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.