$370,000
Matamoras, PA 18336
MLS# PW-243016
Status: Closed
5 beds | 3 baths | 2191 sqft
1 / 1
Property Description
This 3 Family on double sized lot in highly desired Matamoras PA is a CASH COW!! Fully rented with great long term tenants. Raise rents to market values and you will be able to earn $10% Return on Investment. All apartments are two bedrooms each. Low Taxes just $5,116. Current low rents Gross $42,600 and net $33,400 after expenses. however raising market rents a reasonable $150 each would increase gross to $48,000 with Net income of $39,000 per year almost 10% Return on investment.
Details
Documents
Contract Information
Property Attached YN: Yes
Listing Service: Full Service
Current Price: $370,000
Sold Price: $370,000
Status: Closed
Listing Contract Date: 2024-09-20
Property Sub Type: Multi Family
Location, Tax, and Legal
Municipality: Matamoras Borough - 07
High School District: Delaware Valley
County Tax Amount: 661.99
Municipal Tax Amount: 860.93
School Tax Amount: 3230.46
Tax Annual Amount: 5116.28
Tax Year: 2024
Tax Assessed Value: 26490
Parcel Number: 083.06-02-17 007736
Zoning: Residential
Tax Book Number: 2697/2265
General Property Information
Number Of Units Total: 3
Bathrooms Half: 0
Above Grade Finished Area: 2191
Below Grade Finished Area: 0
Lot Size Acres: 0.11
Association YN: No
Year Built Source: Public Records
New Construction YN: No
Garage Spaces: 0
Waterfront YN: No
Water Body Name: None
Stories: 2
Spa YN: No
List Price/SqFt: 182.11
Sold Price/SqFt: 168.87
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Total: 2191
Year Built: 1950
Remarks and Miscellaneous
Public Remarks: This 3 Family on double sized lot in highly desired Matamoras PA is a CASH COW!!
Fully rented with great long term tenants.
Raise rents to market values and you will be able to earn $10% Return on Investment. All apartments are two bedrooms each. Low Taxes just $5,116. Current low rents Gross $42,600 and net $33,400 after expenses. however raising market rents a reasonable $150 each would increase gross to $48,000 with Net income of $39,000 per year almost 10% Return on investment.
Status Change Information
Concessions: No
Buyer Financing: Conventional
Major Change Timestamp: 2025-07-29T14:43:32Z
Major Change Type: Status Change
Purchase Contract Date: 2024-11-11
Close Date: 2025-07-28
Close Price: 370000
Appliances
Gas Oven: 1
Gas Range: 1
Refrigerator: 1
Architectural Style
Other: 1
Basement
Unfinished: 1
Cooling
None: 1
Current Financing
Conventional: 1
FHA: 1
VA: 1
Current Use
Multi-Family: 1
Electric
100 Amp Service: 1
Exterior Features
Private Yard: 1
Flooring
Laminate: 1
Heating
Natural Gas: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Back Yard: 1
Parking Features
Driveway: 1
Patio And Porch Features
Front Porch: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Asphalt: 1
Water Source
Public: 1
Unit 1
Unit #: 1
Actual Rent: 1100
Security Deposit $: 900
SqFt Total: 820
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 2
Actual Rent: 1350
Security Deposit $: 1100
SqFt Total: 820
Baths Total: 1
Beds Total: 2
Rooms Total: 4
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 3
Actual Rent: 1100
Security Deposit $: 900
SqFt Total: 551
Baths Total: 1
Beds Total: 1
Rooms Total: 3
Dining Room YN: No
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Owner Pays
Taxes: 1
Water: 1
Tenant Pays
Electricity: 1
Gas: 1
Hot Water: 1
Meter Information
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Location Tax and Legal
Street Number: 700
Street Name: 1St
Street Suffix: Street
County: Pike
City (Post Office): Matamoras
State: PA
Postal Code: 18336
Subdivision Name: None
Property Features
Appliances: Gas Oven; Gas Range; Refrigerator
Architectural Style: Other
Basement: Unfinished
Cooling: None
Current Financing: Conventional; FHA; VA
Current Use: Multi-Family
Electric: 100 Amp Service
Exterior Features: Private Yard
Flooring: Laminate
Heating: Natural Gas
Levels: Multi/Split
Listing Terms: Cash; VA Loan
Lot Features: Back Yard
Owner Pays: Taxes; Water
Parking Features: Driveway
Patio And Porch Features: Front Porch
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Asphalt
Tenant Pays: Electricity; Gas; Hot Water
Water Source: Public
Lead-Based Paint Hazards Disclosure 
Listing Office: Orange-West Realty Inc.
Last Updated: July - 29 - 2025
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