$675,000
Lake Ariel, PA 18436
MLS# PW-262614
9 beds | 4 baths | 5432 sqft
1 / 85
Property Description
Great investment property! This one time church was turned into apartments just 7 years ago so all units are completely updated including walls, flooring, and appliances. Each unit has central A/C, heating, Washer/dryer, stove, refrigerator, microwave and dishwasher. Live in 1 and rent the other 3 or rent all 4 for a steady income. Located in a located near Route 84 and close to the town of Hamlin, this building is easy to keep fully rented out. Priced at $649,900
Details
Contract Information
Property Attached YN: No
Listing Service: Full Service
Current Price: $675,000
List Price: $675,000
Status: Active
Listing Contract Date: 2026-08-03
Property Sub Type: Multi Family
Location, Tax, and Legal
Municipality: Salem Township
City Region: Lake Ariel
High School District: Western Wayne School District
County Tax Amount: 1237.03
Municipal Tax Amount: 125.99
School Tax Amount: 4688.03
Tax Annual Amount: 6332.15
Tax Assessed Value: 381800
Parcel Number: 22-0-0321-0030
Additional Parcels YN: No
Zoning: Commercial
Zoning Description: Commercial
FEMA Zone: X
Tax Book Number: R-5276/233
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Bathrooms Half: 0
Above Grade Finished Area: 2716
Below Grade Finished Area: 2716
Lot Size Acres: 0.77
Lot Size Dimensions: 103X91X76X336
Lot Dimensions Source: Assessor
Association YN: No
Enhanced Accessible: No
Year Built Source: Assessor
New Construction YN: No
Garage YN: No
Garage Spaces: 0
Waterfront YN: No
Water Body Name: None
Open Parking Spaces: 12
Land Lease YN: No
Senior Community YN: No
View YN: No
Basement YN: Yes
Furnished: Unfurnished
Stories: 3
Fireplace YN: No
Units Furnished: None
Spa YN: No
Rent Control YN: No
List Price/SqFt: 124.26
Bedrooms Total: 9
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 5432
Year Built: 1867
Remarks and Miscellaneous
Public Remarks: Great investment property! This one time church was turned into apartments just 7 years ago so all units are completely updated including walls, flooring, and appliances. Each unit has central A/C, heating, Washer/dryer, stove, refrigerator, microwave and dishwasher. Live in 1 and rent the other 3 or rent all 4 for a steady income. Located in a located near Route 84 and close to the town of Hamlin, this building is easy to keep fully rented out. Priced at $649,900
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Free-Standing Electric Range: 1
Free-Standing Refrigerator: 1
Humidifier: 1
Microwave: 1
Range Hood: 1
Washer/Dryer: 1
Water Heater: 1
Water Softener: 1
Architectural Style
Converted: 1
See Remarks: 1
Basement
Apartment: 1
Concrete: 1
Daylight: 1
Finished: 1
French Drain: 1
Full: 1
Heated: 1
Interior Entry: 1
Walk-Up Access: 1
Community Features
Sidewalks: 1
Construction Materials
Vinyl Siding: 1
Cooling
Central Air: 1
Current Financing
Conventional: 1
Current Use
Commercial: 1
See Remarks: 1
Electric
200+ Amp Service: 1
Entry Information
Entry Level: 12
Exterior Features
Private Entrance: 1
Rain Gutters: 1
Fencing
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Laminate: 1
Linoleum: 1
Foundation Details
Block: 1
Heating
Propane: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Entrance Foyer: 1
On Site Septic: 1
Laundry Features
Inside: 1
Laundry Closet: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Level: 1
Not In Development: 1
Other Structures
None: 1
Parking Features
Accessible Parking: 1
Asphalt: 1
Possession
Negotiable: 1
Property Condition
Updated/Remodeled: 1
Road Frontage Type
Road Frontage Length: 103
State Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Asphalt: 1
Sewer
Shared Septic: 1
Structure Type
Multi Family: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Available: 1
Water Connected: 1
View
None: 1
Water Source
Well: 1
Window Features
Double Pane Windows: 1
Income and Expenses
Electric Expense: 60
Insurance Expense: 2200
Trash Expense: 70
Unit 1
Unit #: 1
Actual Rent: 1500
Security Deposit $: 1500
SqFt Total: 872
Baths Total: 1
Beds Total: 2
Rooms Total: 5
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1800
SqFt Total: 1627
Baths Total: 1
Beds Total: 3
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 3
Actual Rent: 1000
SqFt Total: 872
Baths Total: 1
Beds Total: 2
Rooms Total: 5
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 4
Unit #: 4
Actual Rent: 1500
SqFt Total: 1115
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Owner Pays
HVAC Maintenance: 1
Insurance: 1
Pest Control: 1
Repairs: 1
Roof Maintenance: 1
Sewer: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Hot Water: 1
Insurance: 1
Meter Information
Number Of Separate Electric Meters: 4
Operating Expense Includes
Insurance: 1
Maintenance: 1
Maintenance Grounds: 1
Pest Control: 1
Snow Removal: 1
Trash: 1
Location Tax and Legal
Street Number: 186
Street Name: Ledgedale
Street Suffix: Road
County: Wayne
State: PA
Postal Code: 18436
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-08-03T19:10:32Z
Major Change Type: New Listing
Property Features
Appliances: Dishwasher; Dryer; Electric Oven; Free-Standing Electric Range; Free-Standing Refrigerator; Humidifier; Microwave; Range Hood; Washer/Dryer; Water Heater; Water Softener
Architectural Style: Converted; See Remarks
Basement: Apartment; Concrete; Daylight; Finished; French Drain; Full; Heated; Interior Entry; Walk-Up Access
Community Features: Sidewalks
Construction Materials: Vinyl Siding
Cooling: Central Air
Current Financing: Conventional
Current Use: Commercial; See Remarks
Electric: 200+ Amp Service
Exterior Features: Private Entrance; Rain Gutters
Fencing: None
Flooring: Carpet; Ceramic Tile; Laminate; Linoleum
Foundation Details: Block
Heating: Propane
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; On Site Septic
Laundry Features: Inside; Laundry Closet; Washer Hookup
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Cleared; Level; Not In Development
Operating Expense Includes: Insurance; Maintenance; Maintenance Grounds; Pest Control; Snow Removal; Trash
Other Structures: None
Owner Pays: HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Features: Accessible Parking; Asphalt
Possession: Negotiable
Property Condition: Updated/Remodeled
Road Frontage Type: State Road
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Asphalt
Sewer: Shared Septic
Structure Type: Multi Family
Tenant Pays: Cable TV; Electricity; Gas; Hot Water; Insurance
Utilities: Cable Available; Electricity Connected; Sewer Available; Water Connected
View: None
Water Source: Well
Window Features: Double Pane Windows
Listing Office: Lewith & Freeman Real Estate Hawley
Last Updated: August - 03 - 2026
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