707-709 Church Street, Honesdale, PA 18431 | 707 Church St
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707-709 Church Street, Honesdale, PA 18431 707 Church St
4 Unit Apartment Building $310,000 ($77,500/Unit) Honesdale, PA 18431
Investment Highlights
- Off street parking lot
- Prime location close to downtown amenities
- Historic 4 unit property
Executive Summary
4 UNIT HISTORIC INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN HONESDALE! Presenting a rare & lucrative opportunity, a collection of 4 apartment units in a vibrant location. Nestled within the charming streets of downtown Honesdale, investment property boasts an enviable location with easy access to all that downtown Honesdale has to offer. Situated just steps away from downtown shops, eateries, and local happenings, your tenants will relish the convenience of strolling through this lively district. Seize the moment to become a part of Honesdale's dynamic landscape. Whether you are an experienced investor seeking to diversify your portfolio or a first-time investor looking for a promising venture, these units offer an unbeatable opportunity with plenty of off street parking!
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
| Price | $310,000 | Building Class | C |
| Price Per Unit | $77,500 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,194 SF |
| No. Units | 4 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1850 |
| Price | $310,000 |
| Price Per Unit | $77,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,194 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1850 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 10+5 | 4 | - | - |
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $306,500 (2023) | |
| Land Assessment | $42,600 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $263,900 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$42,600 (2023)
Improvements Assessment
$263,900 (2023)
Total Assessment
$306,500 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
zoning
| Zoning Code | R2 (Multifamily residential districts for medium- to high-density housing in multiple-family structures.) |
| R2 (Multifamily residential districts for medium- to high-density housing in multiple-family structures.) |
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707-709 Church Street, Honesdale, PA 18431 | 707 Church St
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