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457 Hickory Valley Road, Stroudsburg, PA 18360

New Listing
$799,800
Property Type: Residential Income Square Footage: 5,898 Lot Size (sq. ft.): 100,188 Status: Active
Current Price: $799,800 List Date: 4/24/2026 Last Modified: 4/24/2026

Description

Exceptional 4-Unit Investment Opportunity in pristine condition, offering a rare combination of high-end upgrades, strong rental income, and low operating expenses. Ideally located just 3 miles west of Stroudsburg and only 25 minutes to the Lehigh Valley, this property is perfectly positioned for professional tenants seeking convenience and lifestyle. Residents enjoy immediate access to vibrant downtown amenities including the renowned Courthouse Square Farmers Market, over 50 restaurants, wineries, pubs, boutique shopping, and year-round community events, making this an ideal location for premium rentals. The property has been meticulously maintained and upgraded for both owner efficiency and tenant comfort. Features include Geothermal heating and air conditioning for significantly reduced utility costs, Reserve hot water tank system supporting tenant water heaters, Dual septic pumps providing built-in redundancy and peace of mind and Recently sealed asphalt parking lot. All four units in excellent, turnkey condition. With no utility expenses and exceptionally low operating costs, this investment maximizes cash flow potential. Current rents are strong, with the opportunity to exceed $90,000+ in gross annual income. This is a rare, turnkey asset in the Stroudsburg market--offering stability, efficiency, and long-term upside. Properties of this caliber, condition, and financial performance are seldom available. Call to schedule your private showing today!

More Information MLS# PM-140636

Contract Information

Property Attached YN: No Rent Control YN: No Listing Service: Full Service Lease Considered YN: No Subsurface Rights YN: No Property Sub Type: Multi Family List Price: $799,800 Current Price: $799,800 Status: Active Listing Contract Date: 2026-04-24

Location, Tax, and Legal

Parcel Number: 07.6.1.22-3 Municipality: Hamilton Township Tax Subdivision Name: Russell/Clara Biondo County Tax Amount: 2201.55 Municipal Tax Amount: 56.27 School Tax Amount: 11011.15 Tax Other Annual Assessment Amount: 74.73 Tax Annual Amount: 13343.7 Tax Assessed Value: 401940 Tax Year: 2025 Tax Map Number: 07638004735488 Tax Lot: 1 Tax Book Number: 2339 Tax Page Number: 3602 Deed Recording Date: 2008-07-25 Tax Legal Description: Lot 1 Additional Parcels YN: No Zoning Description: Commercial FEMA Zone: X Common Interest: None Land Lease YN: No

General Property Information

Bathrooms Half: 0 Above Grade Finished Area: 5498 Below Grade Finished Area: 0 Living Area Source: Public Records Above Grade Unfinished Area: 0 Below Grade Unfinished Area: 400 Building Area Source: Estimated Stories: 2 Number Of Buildings: 1 Direction Faces: East Year Built Source: Public Records Fireplace YN: No Green Features YN: No Units Furnished: None Basement YN: Yes Smart Home Features YN: No Power Production/Storage YN: No Pool Private YN: No Spa YN: No Garage YN: No Carport YN: No Open Parking YN: Yes Open Parking Spaces: 10 Lot Size Acres: 2.3 Lot Dimensions Source: Public Records Horse YN: No View YN: No Water Body Access YN: No Association YN: No Senior Community YN: No Sign On Property YN: Yes List Price/SqFt: 135.61 Bathrooms Full: 7 Building Area Total: 5898 Year Built: 2007

Currently Not Used

Number Of Units Total: 4

Remarks and Miscellaneous

Public Remarks: Exceptional 4-Unit Investment Opportunity in pristine condition, offering a rare combination of high-end upgrades, strong rental income, and low operating expenses. Ideally located just 3 miles west of Stroudsburg and only 25 minutes to the Lehigh Valley, this property is perfectly positioned for professional tenants seeking convenience and lifestyle. Residents enjoy immediate access to vibrant downtown amenities including the renowned Courthouse Square Farmers Market, over 50 restaurants, wineries, pubs, boutique shopping, and year-round community events, making this an ideal location for premium rentals. The property has been meticulously maintained and upgraded for both owner efficiency and tenant comfort. Features include Geothermal heating and air conditioning for significantly reduced utility costs, Reserve hot water tank system supporting tenant water heaters, Dual septic pumps providing built-in redundancy and peace of mind and Recently sealed asphalt parking lot. All four units in excellent, turnkey condition. With no utility expenses and exceptionally low operating costs, this investment maximizes cash flow potential. Current rents are strong, with the opportunity to exceed $90,000+ in gross annual income. This is a rare, turnkey asset in the Stroudsburg market--offering stability, efficiency, and long-term upside. Properties of this caliber, condition, and financial performance are seldom available. Call to schedule your private showing today!

Unit Details

2 Bedroom: 4

Income and Expenses

Gross Income: 89400 Net Operating Income: 70252 Insurance Expense: 2964 New Taxes Expense: 13344 Electric Expense: 2040 Gardener Expense: 800

Listing Terms

Cash: 1 Conventional: 1 1031 Exchange: 1

Owner Pays

Water: 1 Sewer: 1 Insurance: 1 Taxes: 1 Grounds Care: 1 Snow Removal: 1

Tenant Pays

Electricity: 1 Telephone: 1 Cable TV: 1 Trash Collection: 1

Income Includes

Rent Only: 1

Oil, Gas and Mineral Rights

Property Subject To Lease: No

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Unit 1

Unit #: 451 Occupied YN: Yes Actual Rent: 1900 SqFt Total: 1491 Rooms Total: 4 Beds Total: 2 Baths Total: 2 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes Unit Remarks: Middle Unit

Unit 2

Unit #: 453 Occupied YN: Yes Actual Rent: 1800 SqFt Total: 1491 Rooms Total: 4 Beds Total: 2 Baths Total: 2 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes Unit Remarks: 2nd Floor

Unit 3

Unit #: 455 Occupied YN: Yes Actual Rent: 1800 SqFt Total: 1491 Rooms Total: 4 Beds Total: 2 Baths Total: 2 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes Unit Remarks: Rear Apartment

Unit 4

Unit #: 457 Occupied YN: No Actual Rent: 1950 SqFt Total: 1023 Rooms Total: 4 Beds Total: 2 Baths Total: 1 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes Unit Remarks: Lower Apartment

Interior Features

Pantry: 1 Eat-in Kitchen: 1 Laminate Counters: 1 Recessed Lighting: 1 Ceiling Fan(s): 1 Radon Mitigation: 1 Storage: 1

Laundry Features

In Unit: 1 Electric Dryer Hookup: 1 Washer Hookup: 1 Laundry Closet: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1

Construction Materials

Vinyl Siding: 1

Roof

Asphalt: 1 Fiberglass: 1 Shingle: 1

Electric

200+ Amp Service: 1 Circuit Breakers: 1

Cooling

Central Air: 1 Geothermal: 1 Zoned: 1

Heating

Geothermal: 1 Zoned: 1

Water Heater

Geothermal: 1 Electric: 1

Appliances

Electric Range: 1 Refrigerator: 1 Washer: 1 Dryer: 1

Security Features

Fire Sprinkler System: 1 Smoke Detector(s): 1

Water Source

Well: 1

Sewer

Septic Tank: 1

Meter Information

Number Of Separate Electric Meters: 4

Patio And Porch Features

Patio: 1 Porch: 1

Parking Features

Parking Lot: 1 Off Street: 1 Driveway: 1 Paved: 1

Other Structures

Shed(s): 1

Lot Features

Corner Lot: 1 Level: 1 Back Yard: 1 Few Trees: 1 Paved: 1

Road Frontage Type

City Street: 1

Road Surface Type

Paved: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 457 Street Name: Hickory Valley Street Suffix: Road City (Post Office): Stroudsburg State: PA Postal Code: 18360 Subdivision Name: None

Property Features

Listing Terms: Cash; Conventional; 1031 Exchange Owner Pays: Water; Sewer; Insurance; Taxes; Grounds Care; Snow Removal Tenant Pays: Electricity; Telephone; Cable TV; Trash Collection Income Includes: Rent Only Possession: Close Of Escrow Current Use: Commercial Interior Features: Pantry; Eat-in Kitchen; Laminate Counters; Recessed Lighting; Ceiling Fan(s); Radon Mitigation; Storage Laundry Features: In Unit; Electric Dryer Hookup; Washer Hookup; Laundry Closet Flooring: Carpet; Tile; Vinyl Construction Materials: Vinyl Siding Roof: Asphalt; Fiberglass; Shingle Electric: 200+ Amp Service; Circuit Breakers Cooling: Central Air; Geothermal; Zoned Heating: Geothermal; Zoned Water Heater: Geothermal Appliances: Electric Range; Refrigerator; Washer; Dryer Security Features: Fire Sprinkler System; Smoke Detector(s) Water Source: Well Sewer: Septic Tank Patio And Porch Features: Patio; Porch Parking Features: Parking Lot; Off Street; Driveway; Paved Other Structures: Shed(s) Lot Features: Corner Lot; Level; Back Yard; Few Trees; Paved Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: Public Maintained Road
Listing Office: Keller Williams Real Estate - Stroudsburg 637 Main
Last Updated: April - 24 - 2026
457 Hickory Valley Road, Stroudsburg, PA 18360- MLS# PM-140636
Information deemed reliable but not guaranteed.

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