$449,000
Honesdale, PA 18431
MLS# PW-263077
5 beds | 3 baths | 3600 sqft
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Property Description
Historic Honesdale Charm & Incredible Investment Opportunity! Step into history with this beautifully maintained 1869 three-family home, offering timeless character, modern updates, and exceptional income potential! Gorgeous cedar siding, handcrafted bric-a-brac trim, soaring ceilings, original hardwood floors, and a stunning sweeping staircase showcase the charm of this remarkable property. Brand-new boiler and hot water heater add peace of mind, while a detached 2-car garage provides valuable parking and storage. The first-floor apartment features beautiful hardwood flooring, a spacious living room, formal dining room, high ceilings, completely remodeled kitchen and bath, and fresh paint throughout. The second-floor apartment offers 2 bedrooms, hardwood floors, a large living room, and updated bath. The third apartment is a well-appointed 1-bedroom, 1-bath unit with living room and eat-in kitchen. Located in the heart of historic Honesdale, just moments from charming restaurants, shopping, boutiques, and antique shops. An investor's dream! Live in the first-floor apartment while collecting rental income from the second and third floors--or maximize the income potential of all three units. Historic character, modern mechanical updates, a detached 2-car garage, and three income-producing units make this a truly special opportunity!
Details
Documents
Contract Information
Current Price: $449,000
List Price: $449,000
Status: Active
Listing Contract Date: 2026-09-03
Property Sub Type: Multi Family
Listing Service: Full Service
General Property Information
Number Of Units Total: 3
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 3600
Below Grade Unfinished Area: 460
Living Area: 3600
Year Built: 1869
Year Built Source: Public Records
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Lot Size Acres: 0.16
Association YN: No
Waterfront YN: No
Water Body Name: None
Basement YN: Yes
Furnished: Unfurnished
Stories: 3
Fireplace YN: No
List Price/SqFt: 124.72
Remarks and Miscellaneous
Public Remarks: Historic Honesdale Charm & Incredible Investment Opportunity!
Step into history with this beautifully maintained 1869 three-family home, offering timeless character, modern updates, and exceptional income potential! Gorgeous cedar siding, handcrafted bric-a-brac trim, soaring ceilings, original hardwood floors, and a stunning sweeping staircase showcase the charm of this remarkable property. Brand-new boiler and hot water heater add peace of mind, while a detached 2-car garage provides valuable parking and storage.
The first-floor apartment features beautiful hardwood flooring, a spacious living room, formal dining room, high ceilings, completely remodeled kitchen and bath, and fresh paint throughout. The second-floor apartment offers 2 bedrooms, hardwood floors, a large living room, and updated bath. The third apartment is a well-appointed 1-bedroom, 1-bath unit with living room and eat-in kitchen.
Located in the heart of historic Honesdale, just moments from charming restaurants, shopping, boutiques, and antique shops.
An investor's dream! Live in the first-floor apartment while collecting rental income from the second and third floors--or maximize the income potential of all three units. Historic character, modern mechanical updates, a detached 2-car garage, and three income-producing units make this a truly special opportunity!
Income and Expenses
Annual Total Expense: 15855
Heat Expense: 4309
Insurance Expense: 1200
Sewer Expense: 2014
Unit 1
Unit #: 1
Actual Rent: 1900
SqFt Total: 1041
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: No
Unit 2
Unit #: 2
Actual Rent: 1850
SqFt Total: 1042
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 3
Actual Rent: 850
SqFt Total: 560
Baths Total: 1
Beds Total: 1
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Location Tax and Legal
Street Number: 1423
Street Direction Prefix: N
Street Name: Main
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-09-03T17:07:29Z
Major Change Type: New Listing
Property Features
Appliances: Dishwasher; Free-Standing Electric Oven; Free-Standing Electric Range; Refrigerator
Architectural Style: Victorian
Basement: Block
Construction Materials: Cedar
Cooling: None
Electric: 200 or Less Amp Service
Flooring: Hardwood; Vinyl
Foundation Details: Block; Stone
Heating: Hot Water; Natural Gas; Radiant
Income Includes: Rent Only
Interior Features: High Ceilings; Laminate Counters
Levels: Three Or More
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Level; Open Lot
Owner Pays: Gas; Hot Water; Sewer; Taxes; Water
Parking Features: Asphalt; Garage; Off Street
Possession: Close Of Escrow
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt; Paved
Roof: Fiberglass
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Multi Family
Tenant Pays: Cable TV; Electricity; Snow Removal; Trash Collection
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Lead-Based Paint Hazards Disclosure 
Listing Office: Iron Valley R E Innovate
Last Updated: September - 03 - 2026
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