63 E Broad St · East Stroudsburg, PA 18301

$367,000

4 bd · 2.0 ba · 2,008 sqft · MultiFamily public records · 12 Days on market

Built 1902 6,970 sqft lot

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.7/30.0
• ARV discount +7.5/15.0
• DSCR +6.2/10.0
• 1% rule +5.8/10.0
• Rent growth +5.0/5.0
• Livability +4.2/5.0
• Schools +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Fantastic two-unit investment property in East Stroudsburg! This beautifully maintained all-brick home is in excellent condition and currently approved as a legal two-family dwelling. The first-floor unit features a spacious living room with a charming bay window, a large primary bedroom with its own bay window, a separate formal dining room, a kitchen, and a full bath with shower. Original woodwork and beautifully preserved pine floors add warmth and character throughout. This unit can easily function as a one- or two-bedroom apartment. The second-floor unit also showcases original woodwork and pine floors. It offers three versatile rooms that can be configured as desired — ideally set up as two bedrooms and a living room — plus a large bathroom with a washer/dryer combo. Additional highlights include a spacious backyard, a one-car garage, and street parking for at least four vehicles. The property is equipped with two gas hot water furnaces and two separate hot water heaters. Tenants are responsible for heat and electric, while the owner covers taxes, insurance, water, sewer, and garbage. Situated on a prominent corner lot with excellent curb appeal and great visibility, this property is perfectly located — an easy walk to East Stroudsburg University and close to Jefferson/Lehigh Valley Hospital. Convenient commute to New Jersey as well. This turnkey two-unit offers strong income potential in a highly desirable location.

Key facts

• 6,970 sq ft lot
• Garage
• Built 1902

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath multifamily listed at $367k.

Deal economics

• At list price, monthly cash flow is $432 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $367k).
• Cap rate 7.7% vs local median 3.6% in East Stroudsburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 84/100 on livability (#108 in PA, #833 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+.
• East Stroudsburg Area SD (rural): math 25% / reading 43% proficiency, ranked #413 of 539 in PA (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+10.4%/yr); 196 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).
• At $3,973/mo this rent would consume 53% of the median local household income ($91k/yr) (locally 672% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Monroe County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $103k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $91k; list at $367k implies a 303% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1902 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $367,000

Questions for the listing agent

1. Built in 1902 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.08% ✓
• Cap rate: 7.71%
• Cash-on-cash: 5.05%
• DSCR: 1.22
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -2.6%
• Equity multiple: 0.90×
• Total profit: $-10,777
• Equity at exit: $54,721

10-year hold

• IRR: 12.1%
• Equity multiple: 2.19×
• Total profit: $122,299
• Equity at exit: $31,731

Cash invested: $102,760 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 18301

• Rents YoY: 10.4%
• Active inventory: 196
• Price-to-rent: 15.4×

Monthly cashflow live

• Estimated rent: $3,973 high
• Mortgage (P&I): −$1,925
• Tax from tax record: −$629 /mo · $7,547/yr
• Insurance: −$153
• HOA: −$0
• Vacancy / Maint / Mgmt: −$834
• Net cashflow: $432

Break-even live

Break-even rent $3,426

Max offer price $367,000

Occupancy floor 84%

Sensitivity live

Price	-10% $640	-5% $536	+0% $432	+5% $328	+10% $225
Rent	-10% $118	-5% $275	+0% $432	+5% $589	+10% $746
Rate	-1.0pp $617	-0.5pp $526	base $432	+0.5pp $337	+1.0pp $240

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$3,974
Total (2 units)			$3,973

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $91,750
• Closing costs: $11,010
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
146 Analomink St East Stroudsburg, PA	4.0	2.0	2200	$2,200	$1.00	44d	1	0.19mi
111 Fairview St East Stroudsburg, PA	3.0	1.0	1400	$2,100	$1.50	44d	1	0.46mi
11 Spring Ln East Stroudsburg, PA	3.0	1.5	1598	$2,000	$1.25	44d	1	1.03mi

Listing history 11 events

1. 2026-04-20
   status Pending

   Show marketing remark (1464 chars)

   Fantastic two-unit investment property in East Stroudsburg! This beautifully maintained all-brick home is in excellent condition and currently approved as a legal two-family dwelling. The first-floor unit features a spacious living room with a charming bay window, a large primary bedroom with its own bay window, a separate formal dining room, a kitchen, and a full bath with shower. Original woodwork and beautifully preserved pine floors add warmth and character throughout. This unit can easily function as a one- or two-bedroom apartment. The second-floor unit also showcases original woodwork and pine floors. It offers three versatile rooms that can be configured as desired — ideally set up as two bedrooms and a living room — plus a large bathroom with a washer/dryer combo. Additional highlights include a spacious backyard, a one-car garage, and street parking for at least four vehicles. The property is equipped with two gas hot water furnaces and two separate hot water heaters. Tenants are responsible for heat and electric, while the owner covers taxes, insurance, water, sewer, and garbage. Situated on a prominent corner lot with excellent curb appeal and great visibility, this property is perfectly located — an easy walk to East Stroudsburg University and close to Jefferson/Lehigh Valley Hospital. Convenient commute to New Jersey as well. This turnkey two-unit offers strong income potential in a highly desirable location.

2. 2026-04-20
   status Pending 1464-char remark

   Show marketing remark (1464 chars)

   Fantastic two-unit investment property in East Stroudsburg! This beautifully maintained all-brick home is in excellent condition and currently approved as a legal two-family dwelling. The first-floor unit features a spacious living room with a charming bay window, a large primary bedroom with its own bay window, a separate formal dining room, a kitchen, and a full bath with shower. Original woodwork and beautifully preserved pine floors add warmth and character throughout. This unit can easily function as a one- or two-bedroom apartment. The second-floor unit also showcases original woodwork and pine floors. It offers three versatile rooms that can be configured as desired — ideally set up as two bedrooms and a living room — plus a large bathroom with a washer/dryer combo. Additional highlights include a spacious backyard, a one-car garage, and street parking for at least four vehicles. The property is equipped with two gas hot water furnaces and two separate hot water heaters. Tenants are responsible for heat and electric, while the owner covers taxes, insurance, water, sewer, and garbage. Situated on a prominent corner lot with excellent curb appeal and great visibility, this property is perfectly located — an easy walk to East Stroudsburg University and close to Jefferson/Lehigh Valley Hospital. Convenient commute to New Jersey as well. This turnkey two-unit offers strong income potential in a highly desirable location.

3. 2026-04-08
   listed $367,000 Active

   Show marketing remark (1464 chars)

   Fantastic two-unit investment property in East Stroudsburg! This beautifully maintained all-brick home is in excellent condition and currently approved as a legal two-family dwelling. The first-floor unit features a spacious living room with a charming bay window, a large primary bedroom with its own bay window, a separate formal dining room, a kitchen, and a full bath with shower. Original woodwork and beautifully preserved pine floors add warmth and character throughout. This unit can easily function as a one- or two-bedroom apartment. The second-floor unit also showcases original woodwork and pine floors. It offers three versatile rooms that can be configured as desired — ideally set up as two bedrooms and a living room — plus a large bathroom with a washer/dryer combo. Additional highlights include a spacious backyard, a one-car garage, and street parking for at least four vehicles. The property is equipped with two gas hot water furnaces and two separate hot water heaters. Tenants are responsible for heat and electric, while the owner covers taxes, insurance, water, sewer, and garbage. Situated on a prominent corner lot with excellent curb appeal and great visibility, this property is perfectly located — an easy walk to East Stroudsburg University and close to Jefferson/Lehigh Valley Hospital. Convenient commute to New Jersey as well. This turnkey two-unit offers strong income potential in a highly desirable location.

4. 2026-04-08
   listed $367,000 Active 1464-char remark

   Show marketing remark (1464 chars)

   Fantastic two-unit investment property in East Stroudsburg! This beautifully maintained all-brick home is in excellent condition and currently approved as a legal two-family dwelling. The first-floor unit features a spacious living room with a charming bay window, a large primary bedroom with its own bay window, a separate formal dining room, a kitchen, and a full bath with shower. Original woodwork and beautifully preserved pine floors add warmth and character throughout. This unit can easily function as a one- or two-bedroom apartment. The second-floor unit also showcases original woodwork and pine floors. It offers three versatile rooms that can be configured as desired — ideally set up as two bedrooms and a living room — plus a large bathroom with a washer/dryer combo. Additional highlights include a spacious backyard, a one-car garage, and street parking for at least four vehicles. The property is equipped with two gas hot water furnaces and two separate hot water heaters. Tenants are responsible for heat and electric, while the owner covers taxes, insurance, water, sewer, and garbage. Situated on a prominent corner lot with excellent curb appeal and great visibility, this property is perfectly located — an easy walk to East Stroudsburg University and close to Jefferson/Lehigh Valley Hospital. Convenient commute to New Jersey as well. This turnkey two-unit offers strong income potential in a highly desirable location.

5. 2001-01-09
   soldstatus $91,000
6. 2000-12-29
   soldstatus $91,000 135-char remark

   Show marketing remark (135 chars)

   Nice 2 Unit. All Brick W/ Newer Windows. Pocket Doors. Good Condition. Forclosure W/ No Disclosure. Off Street Parking W/ 1 Car Garage.

7. 2000-11-22
   historical
8. 2000-11-03
   listed $95,000 135-char remark

   Show marketing remark (135 chars)

   Nice 2 Unit. All Brick W/ Newer Windows. Pocket Doors. Good Condition. Forclosure W/ No Disclosure. Off Street Parking W/ 1 Car Garage.

9. 2000-11-03
   listed $95,000

   Show marketing remark (135 chars)

   Nice 2 Unit. All Brick W/ Newer Windows. Pocket Doors. Good Condition. Forclosure W/ No Disclosure. Off Street Parking W/ 1 Car Garage.

10. 1994-11-01
    soldstatus $130,000
11. 1977-03-01
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $7,547 · $629/mo
• Projected year-2 tax: $7,547 · $629/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $47,676
• − Mortgage interest: −$20,558
• − Property taxes: −$7,547
• − Insurance: −$1,835
• − Repairs & maintenance: −$3,814
• − Management: −$3,814
• − Depreciation: −$10,676
• Taxable loss: −$568
• Est. tax savings @ 24.0%: +$136
• After-tax cash flow: $5,324/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: East Stroudsburg Area SD
• NCES district ID: 4208670
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 43% ▼ -18.00%
• Median HH income: $57,142
• Composite: 30.13/100
• National rank: #6332
• State rank: #413 of 539 in PA

Livability — East Stroudsburg

• Score: 84/100
• State rank: #108
• US rank: #833

Category grades

Amenities B- Commute A+ Cost of living A+ Crime B Employment C+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Stroudsburg, PA
• County: Monroe County · 59,057 people
• City population: 28,977
• Metro: East Stroudsburg, PA
• Population (ZIP): 28,977
• Household income: $90,522
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 672.0

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 164,099 people
• By 2030: 161,412 · -1.6%
• By 2040: 154,616 · -5.8%
• By 2050: 146,710 · -10.6%
• By 2075: 140,830 · -14.2%
• By 2100: 138,472 · -15.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 53% Black 21% Hispanic / Latino 18% Two or more races 10% Asian 2%
• Hispanic origin (detail): Puerto Rican 8% Dominican 3%
• Common ancestry: Romanian 6% Lithuanian 3% Portuguese 1%
• Foreign-born: 12% · Canada, China, Jamaica
• Languages at home: 82% English-only · Spanish 9% Russian/Polish/Slavic 2% Other Indo-European 2%

Political lean MEDSL · Monroe

• 2024 margin: Toss-up / Even · D 49.1% · R 49.9%
• 2008→2024 swing: -17.1pp toward R · 2008: 16.3pp · 2024: -0.8pp
• All cycles: 2024: R+0.8 2020: D+6.4 2016: D+0.3 2012: D+14.0 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -109.90%
• Current HPI: 154.4762
• Rent YoY: ▲ 10.44%
• Metro: East Stroudsburg, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+1123.3% since first listed

11 events — show timeline

• 2026-04-20 Pending — GLVRMLS
• 2026-04-20 Pending — GLVRMLS
• 2026-04-08 Listed $367,000 GLVRMLS
• 2026-04-08 Listed $367,000 GLVRMLS
• 2001-01-09 Sold (Public Records) $91,000 Public Records
• 2000-12-29 Sold (MLS) $91,000 GLVRMLS
• 2000-11-22 Listing Removed — GLVRMLS
• 2000-11-03 Listed $95,000 GLVRMLS
• 2000-11-03 Listed $95,000 GLVRMLS
• 1994-11-01 Sold (Public Records) $130,000 Public Records
• 1977-03-01 Sold (Public Records) $30,000 Public Records

Property tax history

+4.4%/yr

Latest (2026): $7,547 · +3.6% YoY. Source: county tax records.