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
Information deemed reliable but not guaranteed.