Pikeliving


$424,000
1042 Delaware Drive
Matamoras, PA 18336
MLS# PW-263061
4 beds  |  2 baths  |  2754 sqft


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Property Description
Unique opportunity with plenty of space, character and possibilities! Situated on 3+ acres, this former dairy farm features a two-story farmhouse that has been converted into a multi-family residence with a first-floor unit and a separate second-floor unit. The property also includes two substantial outbuildings. The former milking station is currently being used as a contractor's workshop and is equipped with electric, heat and water, offering excellent space for a workshop, studio, storage or other permitted uses. A separate three-bay, two-story barn provides an abundance of additional storage and workspace. Outside, you'll find a pond, a large open field and plenty of room to enjoy the country setting. Whether you're looking for a multi-family property, space for a home-based business, workshop or simply need room for equipment and storage, this distinctive property offers versatility that's hard to find. A property with a rich farming history and plenty of potential for its next owner!

Details
Documents
Contract Information
Current Price: $424,000
List Price: $424,000
Status: Active
Listing Contract Date: 2026-09-02
Property Sub Type: Multi Family
Property Attached YN: No
Listing Service: Full Service
Seller Offers Concessions YN: No
General Property Information
Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 2754
Below Grade Finished Area: 1356
Living Area: 2754
Year Built: 1901
Year Built Source: Public Records
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Open Parking Spaces: 10
Parking Total: 13
Lot Size Acres: 3.92
Association YN: No
View YN: Yes
Waterfront YN: Yes
Water Body Name: Delaware River
Basement YN: Yes
Furnished: Unfurnished
Stories: 2
Units Furnished: None
Fireplace YN: No
Spa YN: No
Senior Community YN: No
Rent Control YN: No
List Price/SqFt: 153.96
Remarks and Miscellaneous
Public Remarks: Unique opportunity with plenty of space, character and possibilities! Situated on 3+ acres, this former dairy farm features a two-story farmhouse that has been converted into a multi-family residence with a first-floor unit and a separate second-floor unit. The property also includes two substantial outbuildings. The former milking station is currently being used as a contractor's workshop and is equipped with electric, heat and water, offering excellent space for a workshop, studio, storage or other permitted uses. A separate three-bay, two-story barn provides an abundance of additional storage and workspace. Outside, you'll find a pond, a large open field and plenty of room to enjoy the country setting. Whether you're looking for a multi-family property, space for a home-based business, workshop or simply need room for equipment and storage, this distinctive property offers versatility that's hard to find. A property with a rich farming history and plenty of potential for its next owner!
Property Condition
Year Built Effective: 1901
Road Frontage Type
Road Frontage Length: 169
Income and Expenses
Annual Total Expense: 11295
Electric Expense: 300
Fuel Expense: 5421
Gardener Expense: 1600
Gross Income: 27600
Insurance Expense: 2774
Net Operating Income: 16305
Operating Expense: 11295
Trash Expense: 1200
Unit 1
Unit #: 1
Actual Rent: 1100
Security Deposit $: 1100
SqFt Total: 1200
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1200
Security Deposit $: 1200
SqFt Total: 1200
Baths Total: 1
Beds Total: 2
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Meter Information
Number Of Separate Electric Meters: 3
Location Tax and Legal
Street Number: 1042
Street Name: Delaware
Street Suffix: Drive
County: Pike
State: PA
Postal Code: 18336
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-09-02T19:17:58Z
Major Change Type: New Listing
Property Features
Architectural Style: Duplex Up & Down; Farm House
Basement: Unfinished
Common Walls: 2+ Common Walls
Construction Materials: Frame; Vinyl Siding
Cooling: None
Current Financing: Conventional
Current Use: Multi-Family
Disclosures: Easement
Electric: 200+ Amp Service
Exterior Features: Storage
Fencing: None
Financial Data Source: Owner
Flooring: Carpet; Combination; Wood
Foundation Details: Brick/Mortar; Stone
Frontage Type: River
Heating: Baseboard; Hot Water
Income Includes: Parking; Rent Only
Interior Features: Eat-in Kitchen; On Site Septic
Laundry Features: Inside; Lower Level
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Back Yard; Open Lot; Pasture; Pond On Lot; Views
Operating Expense Includes: Fuel; Gardener; Snow Removal; Trash; Water/Sewer
Other Equipment: Fuel Tank(s)
Other Structures: Barn(s); Covered Arena; Outbuilding; RV/Boat Storage; Workshop
Owner Pays: Exterior Maintenance; Grounds Care; Hot Water; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Features: Circular Driveway; Driveway; Off Street; Parking Lot; Unpaved; Workshop in Garage
Patio And Porch Features: Rear Porch
Pool Features: None
Road Frontage Type: County Road
Road Surface Type: Asphalt; Paved
Roof: Asbestos Shingle; Membrane
Sewer: Septic Tank
Special Listing Conditions: Standard
Structure Type: Multi Family
Tenant Pays: Electricity
Utilities: Electricity Connected

Listing Office: RE/MAX WAYNE

Last Updated: September - 02 - 2026

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