1208 East Street, Honesdale, PA 18431

$174,900
Property Type: Residential Income Square Footage: 2,300 Status: Closed
Current Price: $174,900 List Date: 10/01/2020 Last Modified: 2/17/2026

Overview

Description

HONESDALE INCOME PRODUCER-3 UNIT MULTI-FAMILY-Totally Renovated ($40k in improvements in 2018 alone!) multi-family located in highly desirable area of village of Honesdale. Units are fully rented with separate utilities. Convenient to downtown Honesdale. Public utilities. POSITIVE income. New roof; New siding and newer windows; New Gravel around bldg; New Doors; Front porch replaced; New decking on rear; New stairs on front; New landscaping; Interiors all renovated!, Baths: Y

Listing Details MLS# 20-3945

General Property Information

Number Of Buildings
Yes
Number Of Units Total
3
Living Area
2300
Year Built
1869
Parking Total
4
Lot Size Acres
0.07
Water Body Name
None
Basement YN
Yes
Stories
3
List Price/SqFt
82.57
Sold Price/SqFt
76.04

Property Features

Construction Materials: Vinyl Siding Cooling: Ceiling Fan(s) Heating: Electric; Hot Water; Steam Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2020-10-01
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
1208
Street Name
East
Street Suffix
Street
County
Wayne
State
PA
Postal Code
18431
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
HONESDALE INCOME PRODUCER-3 UNIT MULTI-FAMILY-Totally Renovated ($40k in improvements in 2018 alone!) multi-family located in highly desirable area of village of Honesdale. Units are fully rented with separate utilities. Convenient to downtown Honesdale. Public utilities. POSITIVE income. New roof; New siding and newer windows; New Gravel around bldg; New Doors; Front porch replaced; New decking on rear; New stairs on front; New landscaping; Interiors all renovated!, Baths: Y

Status Change Information

Major Change Timestamp
2020-12-28T17:18:43Z
Major Change Type
Status Change
Purchase Contract Date
2020-10-13
Close Date
2020-12-23
Close Price
174900
Concessions
Yes
Concessions Amount
9900

More Information

Income and Expenses

Gross Income
31200
Insurance Expense
1900
Maintenance Expense
2400
Net Operating Income
19851
New Taxes Expense
3049
Operating Expense
11349
Trash Expense
1000
Water Expense
3000
Electric Expense
0
Heat Expense
0
Licenses Expense
0
Manager Expense
0

Unit 1

Unit #
B
Actual Rent
500
SqFt Total
575
Rooms Total
4
Occupied YN
Yes

Unit 2

Unit #
A
Actual Rent
1250
SqFt Total
1053
Rooms Total
8
Occupied YN
Yes

Unit 3

Actual Rent
850
SqFt Total
671
Rooms Total
6

Location, Tax, and Legal

Street Additional Info
1208 EAST STREET
Municipality
Honesdale Borough
High School District
Wayne Highlands
Cnty&Muni Taxes (Legacy)
1111.83
School Tax Amount
2105.5
Tax Annual Amount
3691
Tax Assessed Value
116300
Parcel Number
11-0-0003-0340
Zoning Description
Multi-Family
Tax Book Number
R-2139/347

Construction Materials

Vinyl Siding
Yes

Cooling

Ceiling Fan(s)
Yes

Heating

Electric
Yes
Hot Water
Yes
Steam
Yes

Laundry Features

Electric Dryer Hookup
Yes
Gas Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Oil, Gas and Mineral Rights

Gas Rights Reserved
None

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: Davis R. Chant - Honesdale
Last Updated: February - 17 - 2026
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