338 Hamlin Highway, Lake Ariel, PA 18436

$424,900
Property Type: Residential Income Bedrooms: 10 Baths: 4 Square Footage: 2,016 Status: Pending
Current Price: $424,900 List Date: 3/11/2026 Last Modified: 4/16/2026

Overview

Description

Rare income producing property opportunity in Hamlin, Pennsylvania! This unique property offers incredible flexibility for both homeowners and investors. The main residence which could be a third rental features a spacious 5-bedroom, 2-bath home along with a detached 2-car garage, providing plenty of room for family, hobbies, or storage. In addition to the main house, the property also includes a separate rental building with two income-producing units, a 2-bedroom, 1-bath apartment and a 3-bedroom, 1-bath apartment (long term tenant.). Conveniently located close to shopping, restaurants, and outdoor recreation, with easy access to major highways and Interstate travel, this property combines small-town living with everyday convenience. Whether you're looking for a multi-generational living setup, an investment property, or a home with built-in income potential, this Hamlin property is full of possibilities.

Listing Details MLS# PW-260480

General Property Information

Number Of Units Total
3
Bedrooms Total
10
Bathrooms Total
4
Bathrooms Full
2
Above Grade Finished Area
1092
Below Grade Finished Area
924
Living Area
2016
Enhanced Accessible
No
Year Built
1974
Year Built Source
Public Records
New Construction YN
No
Garage YN
Yes
Garage Spaces
2
Open Parking Spaces
4
Parking Total
6
Lot Size Acres
0.95
Lot Size Dimensions
136x364x100x343
Lot Dimensions Source
Public Records
Association YN
No
Waterfront YN
No
Water Body Name
None
Stories
2
List Price/SqFt
210.76
Bathrooms Half
0

Property Features

Appliances: Electric Range; Refrigerator Architectural Style: Bi-Level; Duplex Side by Side Basement: Finished; Full; Unfinished Current Use: Residential Heating: Baseboard; Hot Water; Oil Income Includes: Rent Only Operating Expense Includes: Utilities Other Structures: Second Residence Owner Pays: Electricity; Sewer; Snow Removal; Water Parking Features: Detached; Garage; Off Street Patio And Porch Features: Deck Possession: Close Of Escrow Sewer: Septic Tank Tenant Pays: Other Water Source: Well

Contract Information

Listing Contract Date
2026-03-08
Property Sub Type
Multi Family
Listing Service
Full Service

Location Tax and Legal

Street Number
338
Street Name
Hamlin
Street Suffix
Highway
County
Wayne
State
PA
Postal Code
18436
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Rare income producing property opportunity in Hamlin, Pennsylvania! This unique property offers incredible flexibility for both homeowners and investors. The main residence which could be a third rental features a spacious 5-bedroom, 2-bath home along with a detached 2-car garage, providing plenty of room for family, hobbies, or storage. In addition to the main house, the property also includes a separate rental building with two income-producing units, a 2-bedroom, 1-bath apartment and a 3-bedroom, 1-bath apartment (long term tenant.). Conveniently located close to shopping, restaurants, and outdoor recreation, with easy access to major highways and Interstate travel, this property combines small-town living with everyday convenience. Whether you're looking for a multi-generational living setup, an investment property, or a home with built-in income potential, this Hamlin property is full of possibilities.
Inclusions
Refrigerator

Status Change Information

Major Change Timestamp
2026-04-16T15:00:02Z
Major Change Type
Status Change
Purchase Contract Date
2026-04-15

More Information

Income and Expenses

Gross Scheduled Income
26040

Unit 1

Unit #
Yes
Actual Rent
995
SqFt Total
811
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes

Unit 2

Unit #
2
Actual Rent
1175
SqFt Total
870
Dining Room YN
No
Kitchen YN
Yes

Unit 3

Unit #
3
SqFt Total
2016
Dining Room YN
Yes
Kitchen YN
Yes
Unit Remarks
Owner Occupied
Actual Rent
0

Meter Information

Number Of Separate Electric Meters
2

Location, Tax, and Legal

Municipality
Salem Township
High School District
Western Wayne School District
County Tax Amount
1229.15
Municipal Tax Amount
116.46
School Tax Amount
4507.24
Tax Annual Amount
5852.85
Tax Assessed Value
352900
Parcel Number
22-0-0057-0022
Zoning
Residential
Tax Book Number
D-0209/265

Appliances

Electric Range
Yes
Refrigerator
Yes

Architectural Style

Bi-Level
Yes
Duplex Side by Side
Yes

Basement

Finished
Yes
Full
Yes
Unfinished
Yes

Current Use

Residential
Yes

Heating

Baseboard
Yes
Hot Water
Yes
Oil
Yes

Oil, Gas and Mineral Rights

Property Subject To Lease
No

Other Structures

Second Residence
Yes

Parking Features

Detached
Yes
Garage
Yes
Off Street
Yes

Patio And Porch Features

Deck
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes

Owner Pays

Electricity
Yes
Sewer
Yes
Snow Removal
Yes
Water
Yes

Tenant Pays

Other
Yes

Income Includes

Rent Only
Yes

Operating Expense Includes

Utilities
Yes
Listing Office: CENTURY 21 Select Group - Lake Ariel
Last Updated: April - 16 - 2026
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