260 Terrace Street
Basics
- Date added: Added 2 days ago
- Category: Residential Income
- Type: Multi Family
- Status: Active
- Bedrooms: 6
- Bathrooms: 2
- Half baths: 0
- Area, sq ft: 1974 sq ft
- Year built: 1869
- Parcel Number: 11-0-0011-0125
- Subdivision Name: None
- Bathrooms Full: 2
- MLS ID: PWBPW260328
- List Office Name: SIX PM LLC
Description
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Description:
Located in the heart of charming Honesdale, this well-situated duplex sits conveniently between the schools and Main Street, offering walkability and long-term rental appeal. The property features two spacious units, each offering 3 bedrooms, generous living areas, and ample storage throughout.Tenants enjoy a shared basement laundry area equipped with individual washer and dryer hookups for each unit, adding everyday convenience and value. Outside, the property includes off-street parking and a large detached two-car garage -- a rare bonus for in-town living.With a current annual gross income of $27,600, this property presents a solid opportunity for investors seeking steady returns, or for an owner-occupant looking to offset living expenses while building equity in a desirable location. Tenants pay electric and water and garbage.
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Location
- Directions: From Honesdale, Take Main Street, Turn Right onto 4th Street. Then Right onto Terrace Street..House on Right up Hill.
Building Details
- Sewer: Public Sewer
- Architectural Style: Duplex Up & Down
- Garage Spaces: 2
- Levels: Two
- Basement: Full, Unfinished, Walk-Out Access
- Parking: Detached, Garage, Off-street
Amenities & Features
- Patio & Porch Features: Enclosed, Rear Porch, Front Porch
- Appliances: Electric Oven, Refrigerator, Washer/Dryer
- Cooling: Ceiling Fan(s)
- Flooring: Carpet, Luxury Vinyl
- Heating: Electric
- Laundry Features: Common Area, Laundry Room, In Basement