Pikeliving


$299,000
260 Terrace Street
Honesdale, PA 18431
MLS# PW-260328
6 beds  |  2 baths  |  1974 sqft


260 Terrace
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260 Terrace 260 Terrace Detached Garage Kitchen: Unit 1 Kitchen: Unit 1 Full Bath: Unit 1 Bedroom 1: Unit 1 Bedroom 2: Unit 1 Bedroom 1: Unit 1 Extra Room: Unit 1 Bedroom 3: Unit 1 Entryway: Unit 2 Enclosed Porch: Unit 2 Enclosed Porch: Unit 2 Kitchen: Unit 2 Kitchen: Unit 2 Kitchen: Unit 2 Kitchen: Unit 2 Bedroom 1: Unit 2 Bedroom 2: Unit 2 Bedroom 3: Unit 2 Full Bath: Unit 2 Laundry: Basement

Property Description
Located in the heart of charming Honesdale, this well-situated duplex sits conveniently between the schools and Main Street, offering walkability and long-term rental appeal. The property features two spacious units, each offering 3 bedrooms, generous living areas, and ample storage throughout. Tenants enjoy a shared basement laundry area equipped with individual washer and dryer hookups for each unit, adding everyday convenience and value. Outside, the property includes off-street parking and a large detached two-car garage -- a rare bonus for in-town living. With a current annual gross income of $27,600, this property presents a solid opportunity for investors seeking steady returns, or for an owner-occupant looking to offset living expenses while building equity in a desirable location. Tenants pay electric and water and garbage.

Details
Documents
Contract Information
Current Price: $299,000
List Price: $299,000
Status: Active
Listing Contract Date: 2026-02-22
Property Sub Type: Multi Family
Listing Service: Full Service
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Bedrooms Total: 6
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 1974
Below Grade Finished Area: 800
Living Area: 1974
Year Built: 1869
Year Built Source: Public Records
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Lot Size Acres: 0.25
Lot Size Dimensions: 157’x 84’x 153’ x 83’
Association YN: No
Waterfront YN: No
Water Body Name: None
Stories: 2
List Price/SqFt: 151.47
Remarks and Miscellaneous
Public Remarks: Located in the heart of charming Honesdale, this well-situated duplex sits conveniently between the schools and Main Street, offering walkability and long-term rental appeal. The property features two spacious units, each offering 3 bedrooms, generous living areas, and ample storage throughout. Tenants enjoy a shared basement laundry area equipped with individual washer and dryer hookups for each unit, adding everyday convenience and value. Outside, the property includes off-street parking and a large detached two-car garage -- a rare bonus for in-town living. With a current annual gross income of $27,600, this property presents a solid opportunity for investors seeking steady returns, or for an owner-occupant looking to offset living expenses while building equity in a desirable location. Tenants pay electric and water and garbage.
Unit 1
Unit #: 1
Actual Rent: 1050
Security Deposit $: 1050
SqFt Total: 1004
Baths Total: 1
Beds Total: 3
Rooms Total: 6
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2026-10-31
Unit 2
Unit #: 2
Actual Rent: 1250
Security Deposit $: 1250
SqFt Total: 943
Baths Total: 1
Beds Total: 3
Rooms Total: 7
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Lease Expiration Date: 2026-12-31
Location Tax and Legal
Street Number: 260
Street Name: Terrace
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18431
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-02-22T15:03:10Z
Major Change Type: New Listing
Property Features
Appliances: Electric Oven; Refrigerator; Washer/Dryer
Architectural Style: Duplex Up & Down
Basement: Full; Unfinished; Walk-Out Access
Cooling: Ceiling Fan(s)
Current Use: Multi-Family
Flooring: Carpet; Luxury Vinyl
Heating: Electric
Laundry Features: Common Area; In Basement; Laundry Room
Levels: Two
Owner Pays: Exterior Maintenance; Insurance; Sewer; Snow Removal; Taxes
Parking Features: Detached; Garage; Off Street
Patio And Porch Features: Enclosed; Front Porch; Rear Porch
Road Responsibility: Public Maintained Road
Sewer: Public Sewer
Structure Type: Duplex
Tenant Pays: Electricity; Trash Collection; Water
Water Source: Public

Listing Office: SIX PM LLC

Last Updated: February - 22 - 2026

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