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Sold for $750,000
  • $750,000

    112 Wheat Ln, East Stroudsburg, PA 18301

    10beds
    8baths
    8,336sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $831,900 Zestimate®
    $90/sqft
    $1,666 Estimated rent

    Home value

    $831,900

    $699,000 - $973,000

    $1,666/mo

    Zestimate® history
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    What's special

    Diverse residences
    Introducing an unparalleled investment chance in a highly sought-after location.Set on a sprawling 4 acres, this property ensures ample space for potential expansion, landscaping, or other endeavors.Situated at a strategic position minutes away from Route 80 & DWG, accessibility & connectivity are at their peak.The property boasts a diverse set of living spaces Large single family home tailored for comfort and luxury.A Two-Story Dwelling 4 bedrooms, 2 baths, with garage.Two One-Bedroom Apartments blending functionality with style.Two One-Bedroom Cottages.All units are occupied with excellent ROI at 7.75 Cap rate.Don't miss out on this exclusive investment opportunity that combines strategic location, diverse residences, and stable income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Ace 570-424-0926,

    The Collective Real Estate Agency

    Bought with:

    Danielle M Rovito, RS348254

    RE/MAX Crossroads

    Source: PMAR,MLS#: PM-110176

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Heating
    • Baseboard, Electric, Oil
    Cooling
    • Wall/Window Unit(s), Separate Meters
    Appliances
    • Included: Water Heater
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
    Interior area
    • Total structure area: 8,336
    • Total interior livable area: 8,336 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Stories: 2
    Lot
    • Size: 4.01 Acres
    Details
    • Parcel number: 16.8.1.391
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Vinyl Siding
    • Roof: Other
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Septic Tank, Cesspool
    • Water: Well

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: East Stroudsburg

    Financial & listing details

    • Price per square foot: $90/sqft
    • Tax assessed value: $149,760
    • Annual tax amount: $5,311
    • Date on market: 10/13/2023
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/4/2024Sold$750,000-14.3%$90/sqft
    Source: PMAR #PM-110176 Report a problem
    10/13/2023Listed for sale$875,000+629.2%$105/sqft
    Source: PMAR #PM-110176 Report a problem
    1/17/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/19/2021Price change$2,250+12.8%
    Source: Zillow Rental Manager Report a problem
    11/15/2021Listed for rent$1,995+10.8%
    Source: Zillow Rental Manager Report a problem
    6/11/2020Listing removed$1,800
    Source: Redstone Run Realty, LLC - Stroudsburg #PM-77884 Report a problem
    6/5/2020Listed for rent$1,800
    Source: Redstone Run Realty, LLC - Stroudsburg #PM-77884 Report a problem
    11/15/2019Sold$120,000-70%$14/sqft
    Source: PMAR #PM-70172 Report a problem
    8/6/2019Listing removed$399,900$48/sqft
    Source: Better Homes and Gardens Real Estate Wilkins & Associates #PM-70172 Report a problem
    7/16/2019Listed for sale$399,900$48/sqft
    Source: Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg #PM-70172 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,919 +4.7%$149,760
    2024$5,655 +6.3%$149,760
    2023$5,318 +0.1%$149,760
    2022$5,311 +0.5%$149,760
    2021$5,284 +1.6%$149,760
    2020$5,202 -9.5%$149,760 +432.2%
    2019$5,746 $28,140
    2018$5,746 $28,140
    2017$5,746 +8%$28,140
    2016$5,320 $28,140
    2015-- $28,140
    2014-- $28,140
    2013-- $28,140
    2012-- $28,140
    2011-- $28,140
    2010-- $28,140
    2008-- $28,140
    2007-- $28,140
    2006-- $28,140
    2005-- $28,140
    2004-- $28,140
    2003-- $28,140
    Find assessor info on the county website

    Neighborhood: 18301

    Nearby schools

    GreatSchools rating
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    $831,900
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    +$16,638
    With Zillow Showcase(estimated)
    $848,538