$205,000
SOLD JUL 2, 2025

247 Terrace St Honesdale, PA 18431

4 Beds
2 Baths
1,584 Sq Ft
0.44 Acres

Recently Sold

$129 Per Sq Ft

47 Days on Market

Highlights

  • Deck
  • Private Yard
  • Living Room
  • Traditional Architecture
  • No HOA
  • Dining Room

About This Home

As of July 2025

MULTI-FAMILY - HONESDALE - INVESTMENT OPPORTUNITY - FULLY RENTED - $205,000.Just Listed! 2-Unit Multi-Family Property in Honesdale. A fantastic investment opportunity! This property features 2 well-maintained units with separate entrances, plenty of space and functionality. The lower unit offers 3 bedrooms, 1 bath, a spacious living room, kitchen, ample storage space, enclosed exterior back room, front entrance and additional side entrance. The second unit has 1 bedroom, a full bath, small deck and front entrance with stairs. Includes off street dedicated parking-2 spaces per unit. Walk to school, church, and shops. It's a must-see. Both units are occupied. Schedule a viewing today.

Last Agent to Sell the Property

Deborah Bailey

Davis R. Chant Honesdale License #RS354663 Listed on: 03/27/2025

Last Buyer's Agent

Abbey Poltanis

Keller Williams RE Hawley License #RS375939

Keller Williams RE Hawley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Private Yard
  • Back Yard

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Poured Concrete
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Living Room
  • Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for grounds care, repairs, water, taxes, snow removal, sewer, insurance
  • Assessor Parcel Number 11-0-0012-0007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,267
  • Water Sewer Expense $1,584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,477

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: 4th Street in Honesdale. At the light, turn right onto Terrace Street. Property is on the left side of Terrace. Sign on property.
  • Lot Size Acres: 0.44
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1900
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Back Yard
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • Income And Expenses Maintenance Expense: 750
  • Inclusions: 2 stoves and 2 refrigerators which belong to owner.
  • Above Grade Finished Sq Ft: 946
  • Architectural Style: Traditional
  • Reso Flooring: Carpet, Vinyl, Linoleum
  • Garage Yn: No
  • Reso Interior Features: Laminate Counters
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Insulated Windows
  • Tax Year: 2025
  • Master Plan Zoning: Residential
  • Financial Info Electric: 200+ Amp Service
  • SchoolTaxAmount: 1853.20
  • CountyTaxAmount: 511.30
  • WaterExpense: 1584.00
  • UnitTwoDiningRoomYN: Yes
  • UnitOneDiningRoomYN: No
  • UnitTwoLivingRoomYN: Yes
  • UnitOneLivingRoomYN: Yes
  • SewerExpense: 1355.40
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Refrigerator, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Number Of Buildings: 1
  • Basement: Concrete, Unfinished, Heated, Full
  • Basement YN: Yes
  • Below Grade Sq Ft: 832

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Exterior Features: Private Yard
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Available, Sewer Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayne Highlands

Lot Info

  • Current Use: Multi-Family
  • Additional Parcels: No
  • Parcel #: 11-0-0012-0007
  • Zoning Description: Multi-Family

Rental Info

  • Owner Pays: Grounds Care, Repairs, Water, Taxes, Snow Removal, Sewer, Insurance

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1266.96
  • Tenant Pays: Electricity, Trash Collection, Gas

Tax Info

  • Tax Annual Amount: 3477.24
  • Tax Book Number: R-4638/215

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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 Change Sq Ft Price
07/02/2025 07/02/25 Sold $205,000 0.0% $129 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $205,000 -- $129 / Sq Ft
Source: Pike/Wayne Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW250719

Pike/Wayne Association of REALTORS®