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
Listing Service: Full Service
Current Price: $299,000
List Price: $299,000
Status: Active
Listing Contract Date: 2026-02-22
Property Sub Type: Multi Family
Location, Tax, and Legal
Municipality: Honesdale Borough
High School District: Wayne Highlands
County Tax Amount: 525.24
Municipal Tax Amount: 1143.06
School Tax Amount: 1970.35
Tax Annual Amount: 3638.65
Tax Assessed Value: 150800
Parcel Number: 11-0-0011-0125
Tax Book Number: R-5809/264
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Bathrooms Half: 0
Above Grade Finished Area: 1974
Below Grade Finished Area: 800
Lot Size Acres: 0.25
Lot Size Dimensions: 157’x 84’x 153’ x 83’
Association YN: No
Year Built Source: Public Records
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Waterfront YN: No
Water Body Name: None
Stories: 2
List Price/SqFt: 151.47
Bedrooms Total: 6
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1974
Year Built: 1869
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.
Appliances
Electric Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Architectural Style
Duplex Up & Down: 1
Basement
Full: 1
Unfinished: 1
Walk-Out Access: 1
Cooling
Ceiling Fan(s): 1
Current Use
Multi-Family: 1
Flooring
Carpet: 1
Luxury Vinyl: 1
Heating
Electric: 1
Laundry Features
Common Area: 1
In Basement: 1
Laundry Room: 1
Levels
Two: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Parking Features
Detached: 1
Garage: 1
Off Street: 1
Patio And Porch Features
Enclosed: 1
Front Porch: 1
Rear Porch: 1
Road Responsibility
Public Maintained Road: 1
Sewer
Public Sewer: 1
Structure Type
Duplex: 1
Water Source
Public: 1
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
Owner Pays
Exterior Maintenance: 1
Insurance: 1
Sewer: 1
Snow Removal: 1
Taxes: 1
Tenant Pays
Electricity: 1
Trash Collection: 1
Water: 1
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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