$174,900
Honesdale, PA 18431
MLS# 20-3945
Status: Closed
2300 sqft

1 / 31
Property Description
HONESDALE INCOME PRODUCER-3 UNIT MULTI-FAMILY-Totally Renovated ($40k in improvements in 2018 alone!) multi-family located in highly desirable area of village of Honesdale. Units are fully rented with separate utilities. Convenient to downtown Honesdale. Public utilities. POSITIVE income. New roof; New siding and newer windows; New Gravel around bldg; New Doors; Front porch replaced; New decking on rear; New stairs on front; New landscaping; Interiors all renovated!, Baths: Y
Details
General Property Information
Number Of Buildings: 1
Number Of Units Total: 3
Living Area: 2300
Year Built: 1869
Parking Total: 4
Lot Size Acres: 0.07
Water Body Name: None
Basement YN: Yes
Stories: 3
List Price/SqFt: 82.57
Sold Price/SqFt: 76.04
Remarks and Miscellaneous
Public Remarks: HONESDALE INCOME PRODUCER-3 UNIT MULTI-FAMILY-Totally Renovated ($40k in improvements in 2018 alone!) multi-family located in highly desirable area of village of Honesdale.
Units are fully rented with separate utilities. Convenient to downtown Honesdale. Public utilities. POSITIVE income. New roof; New siding and newer windows; New Gravel around bldg; New Doors; Front porch replaced; New decking on rear; New stairs on front; New landscaping; Interiors all renovated!, Baths: Y
Status Change Information
Major Change Timestamp: 2020-12-28T17:18:43Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-13
Close Date: 2020-12-23
Close Price: 174900
Concessions: Yes
Concessions Amount: 9900
Income and Expenses
Gross Income: 31200
Insurance Expense: 1900
Maintenance Expense: 2400
Net Operating Income: 19851
New Taxes Expense: 3049
Operating Expense: 11349
Trash Expense: 1000
Water Expense: 3000
Unit 1
Unit #: B
Actual Rent: 500
SqFt Total: 575
Baths Total: 1
Beds Total: 1
Rooms Total: 4
Occupied YN: Yes
Unit 2
Unit #: A
Actual Rent: 1250
SqFt Total: 1053
Baths Total: 2
Beds Total: 4
Rooms Total: 8
Occupied YN: Yes
Unit 3
Actual Rent: 850
SqFt Total: 671
Baths Total: 2
Beds Total: 2
Rooms Total: 6
Contract Information
Current Price: $174,900
Sold Price: $174,900
Status: Closed
Listing Contract Date: 2020-10-01
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1208
Street Name: East
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None
Property Features
Construction Materials: Vinyl Siding
Cooling: Ceiling Fan(s)
Heating: Electric; Hot Water; Steam
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: Cash; Conventional
Possession: Negotiable
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Water Source: Public
Listing Office: Davis R. Chant - Honesdale
Last Updated: February - 17 - 2026
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