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120 Ridgeway Street
East Stroudsburg PA 18301 US

$494,000

Active Listing ID PM-136531
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2.00 Bath (2 Full)
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Lot: 0.28 Acres
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Other

$494,000

Active Listing ID PM-136531
Save

120 Ridgeway Street 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.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Floor Covering: Vinyl
  • Heating Fuels: Electric (Heating), Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 494000
  • unparsedaddress: 120 Ridgeway Street
  • postalcity: East Stroudsburg
  • stateorprovince: PA
  • country: US
  • postalcode: 18301
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingarea: 2841
  • livingareaunits: Square Feet
  • latitude: 40.994755
  • longitude: -75.178343
  • listagentfullname: Jason Heimrich
  • listagentkey: 3yd-PMARPA-JHH
  • listagentmlsid: JHH
  • listagentpreferredphone: (570) 818-5040
  • listofficekey: 3yd-PMARPA-LUX
  • listofficemlsid: LUX
  • disclaimer: Copyright © 2025 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PMARPA
  • yearbuilt: 1925
  • listingcontractdate: 2025-10-15
  • countyorparish: Monroe
  • parcelnumber: 05-1/2/3/13
  • constructionmaterials: Vinyl Siding
  • flooring: Vinyl
  • heating: Electric (Heating), Natural Gas
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bathroom 2, Bathroom 1, Basement
  • speciallistingconditions: Standard
  • basement: Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.178345, 40.994755
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Luxe Homes Real Estate, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"quesmailbox@gmail.com", "ListBrokerageCity":"Olyphant", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Luxe Homes Real Estate, LLC", "ListBrokeragePhone":"(570) 818-5040", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"104 Delaware Avenue", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"104 Delaware Avenue ", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"LUX", "ListOfficeCity":"Olyphant", "ListOfficeCountry":"USA", "ListOfficeEmail":"quesmailbox@gmail.com", "ListOfficePostalCode":"18447", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - East Stroudsburg, PA", "ListingURL":null, "MLSModificationTimestamp":"2025-10-15 14:58:23", "Neighborhoods":[{"Description":null, "Name":"East Stroudsburg Borough"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5989, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/15/2025 3:21:31 PM GMT
Source Updated Date: 12/8/2025 6:53:59 PM GMT

Courtesy of: Jason Heimrich, Luxe Homes Real Estate, LLC

Copyright © 2025 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.