Pikeliving


$399,900
703 Court Street
Honesdale, PA 18431
MLS# PW-261174
6 beds  |  27 baths  |  3621 sqft


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Property Description
INVESTMENT PROPERTY ON THE LACKAWAXEN RIVER IN HONESDALE BOROUGH. Grosses $44,400 a year. Tenants pay their own utilities. Situated directly on the Lackawaxen River within a high-demand rental market, this property is a premier choice for those looking to secure a stable income stream. Currently set up as a 3-unit, but the county tax info has it registered as a legal 4-unit, which could easily be created to generate more income.

Details
Contract Information
Lock Box Number: 31376185
Listing Service: Full Service
Current Price: $399,900
List Price: $399,900
Status: Active
Listing Contract Date: 2026-04-30
Property Sub Type: Multi Family
Location, Tax, and Legal
Municipality: Honesdale Borough
High School District: Wayne Highlands
County Tax Amount: 499
Municipal Tax Amount: 1087
School Tax Amount: 1873
Tax Annual Amount: 3460
Parcel Number: 11-0-0010-0065
Zoning: Commercial
Tax Book Number: R-5017/287
General Property Information
Number Of Units Total: 3
Bathrooms Half: 1
Above Grade Finished Area: 2761
Below Grade Finished Area: 860
Lot Size Acres: 0.09
Association YN: No
Year Built Source: Public Records
New Construction YN: No
Garage Spaces: 0
Waterfront YN: Yes
Water Body Name: Lackawaxen River
Basement YN: Yes
Stories: 4
List Price/SqFt: 110.44
Bedrooms Total: 6
Bathrooms Total: 27
Bathrooms Full: 4
Building Area Total: 3621
Year Built: 1920
Remarks and Miscellaneous
Public Remarks: INVESTMENT PROPERTY ON THE LACKAWAXEN RIVER IN HONESDALE BOROUGH. Grosses $44,400 a year. Tenants pay their own utilities. Situated directly on the Lackawaxen River within a high-demand rental market, this property is a premier choice for those looking to secure a stable income stream. Currently set up as a 3-unit, but the county tax info has it registered as a legal 4-unit, which could easily be created to generate more income.
Basement
Finished: 1
Full: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Income and Expenses
Gross Income: 44400
Unit 1
Unit #: 703
Actual Rent: 1700
SqFt Total: 1754
Baths Total: 25
Beds Total: 3
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit 2
Unit #: 701A
Actual Rent: 1100
SqFt Total: 880
Baths Total: 1
Beds Total: 2
Dining Room YN: Yes
Kitchen YN: Yes
Occupied YN: Yes
Unit 3
Unit #: 701C
Actual Rent: 900
SqFt Total: 987
Baths Total: 1
Beds Total: 1
Dining Room YN: Yes
Kitchen YN: Yes
Unit Details
1 Bedroom: 1
3 Bedroom: 2
Location Tax and Legal
Street Number: 703
Street Name: Court
Street Suffix: Street
County: Wayne
City (Post Office): Honesdale
State: PA
Postal Code: 18431
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-04-30T14:46:21Z
Major Change Type: New Listing
Property Features
Basement: Finished; Full

Listing Office: Berkshire Hathaway HomeServices Pocono Real Estate Hawley

Last Updated: April - 30 - 2026

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