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114 Elk Street, East Stroudsburg, PA 18301

$448,000
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 Type: Residential Income Square Footage: 2,111 Status: Closed
Current Price: $448,000 List Date: 11/17/2025 Last Modified: 2/09/2026

Overview

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 s ... (Read more) 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 Details MLS# 25-5861

Location, Tax & Legal

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
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

Property Information

Property Sub Type
Multi Family
Realtor.COM Type
Multi-Family
Aprx Total SF
2111
Est Age Range
31 - 40 Yrs

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

Under Contract Date
2025-12-22
Sold Date
2026-01-09

Expenses

Annual Gross Income
45000
Annual Electric Exp
1200
Annual Water Exp
1200
Annual Real Est Tax
4215
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Sewer Exp
0
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

More Information

Unit 1 Info

Unit #
Yes
Approx SF
720
# Rooms
6
Monthly Rent
2000
# Bedrooms
4
Kitchen Style
Semi-Modern
# Baths
Yes
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
Yes
Lease
N
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
Y
Water in Rent
Y
Sewer in Rent
N

Remarks & Directions

Hot Sheet Comment
new

Heat Fuel Type

Electric
Yes

Interior Finish

Drywall
Yes

Heat Type

Electric Baseboard
Yes

Condition

Very Good
Yes

AC Type

Other - See Remarks
Yes

Water

Public
Yes

Exterior

Vinyl
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Basement

Unfinished
Yes

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
Listing Office: LUXE Homes Real Estate
Listing Agent: Jason Heimrich
Last Updated: February - 09 - 2026
Information deemed reliable but not guaranteed.

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Specializing in residential and commercial sales, McDermott & McDermott Real Estate, Inc. services also include investment sales and property management. We are actively involved in turning the many bank-owned foreclosures back over to the hands of our communities.


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Shavertown, PA 18708

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