NOT LISTED FOR SALE

114 Ridge St Honesdale, PA 18431

-- Bed
-- Bath
6,790 Sq Ft
8,712 Sq Ft Lot

Last Sold February 28, 2014

Last sale price $275,000 $41 Per Sq Ft

201 Days on Market

Highlights

  • Balcony
  • Hot Water Heating System
  • 4-minute walk to Central Park Honesdale Pa

About This Home

As of February 2014

FULLY RENTED 7 UNIT MONEYMAKER - Invest in your future with this fully rented 7 unit in Honesdale. New siding and windows, new electrical service with separate panel boxes for each apartment. Own a piece of Historic Honesdale and secure your future.

Last Agent to Sell the Property

Paul Meagher

RE/MAX WAYNE License #RS176297L Listed on: 05/31/2013

Co-Listed By

Robert Carmody

RE/MAX WAYNE License #AB066491

Last Buyer's Agent

Paul Meagher

RE/MAX WAYNE License #RS176297L Listed on: 05/31/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 1850

Lot Details

  • 8,712

Parking

  • 10 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 6,790 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 11-0-0058-0087

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $2,156
  • Water Sewer Expense $6,915
  • New Taxes Expense $3,849
  • Gross Income $40,422
  • Net Operating Income $23,524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,849

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Directions: FROM RE/MAX OFFICE, RIGHT ON TERRACE STREET, SLIGHT RIGHT ON COMMERCIAL STREET TO END, LEFT ON CHAPEL STREET, SLIGHT RIGHT ON RIDGE STREET, STRAIGHT AHEAD.
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1850
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: PWBWAYNE
  • Co List Office Phone: (570) 253-9566
  • GasRightsReserved: None
  • SchoolTaxAmount: 2386.62
  • WaterExpense: 6915.49
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Wayne Highlands

Lot Info

  • Parcel #: 11-0-0058-0087
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 40422
  • Insurance Expense: 2156

Tax Info

  • New Taxes Expense: 3848.94
  • Tax Annual Amount: 3848.94
  • Tax Book Number: R-0679/162

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $275,000 -6.8% $41 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $295,000 -- $43 / Sq Ft
Source: Pike/Wayne Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Meagher

    RE/MAX

  • Robert Carmody

    Seller Co-Listing Agent in 2014

    Robert Carmody

    RE/MAX

    (570) 470-0325

    34 in this area

    150 Total Sales

    Robert Carmody
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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB132588

Pike/Wayne Association of REALTORS®
Pennsylvania Wayne County Honesdale 18431

114 Ridge St, Honesdale, PA

Not Listed for Sale

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