186 Ledgedale Road, Lake Ariel, PA 18436

New Listing
$675,000
Property Type: Residential Income Bedrooms: 9 Baths: 4 Square Footage: 5,432 Status: Active
Current Price: $675,000 List Date: 8/03/2026 Last Modified: 8/05/2026

Overview

Description

Great investment property! This one time church was turned into apartments just 7 years ago so all units are completely updated including walls, flooring, and appliances. Each unit has central A/C, heating, Washer/dryer, stove, refrigerator, microwave and dishwasher. Live in 1 and rent the other 3 or rent all 4 for a steady income. Located in a located near Route 84 and close to the town of Hamlin, this building is easy to keep fully rented out. Priced at $675,000

Listing Details MLS# PW-262614

General Property Information

Number Of Buildings
Yes
Number Of Units Total
4
Bedrooms Total
9
Bathrooms Total
4
Bathrooms Full
4
Above Grade Finished Area
2716
Below Grade Finished Area
2716
Living Area
5432
Enhanced Accessible
No
Year Built
1867
Year Built Source
Assessor
New Construction YN
No
Garage YN
No
Open Parking Spaces
12
Lot Size Acres
0.77
Lot Size Dimensions
103X91X76X336
Lot Dimensions Source
Assessor
Land Lease YN
No
Association YN
No
View YN
No
Waterfront YN
No
Water Body Name
None
Basement YN
Yes
Furnished
Unfurnished
Stories
3
Units Furnished
None
Fireplace YN
No
Spa YN
No
Senior Community YN
No
Rent Control YN
No
List Price/SqFt
124.26
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Oven; Free-Standing Electric Range; Free-Standing Refrigerator; Humidifier; Microwave; Range Hood; Washer/Dryer; Water Heater; Water Softener Architectural Style: Converted; See Remarks Basement: Apartment; Concrete; Daylight; Finished; French Drain; Full; Heated; Interior Entry; Walk-Up Access Community Features: Sidewalks Construction Materials: Vinyl Siding Cooling: Central Air Current Financing: Conventional Current Use: Commercial; See Remarks Electric: 200+ Amp Service Exterior Features: Private Entrance; Rain Gutters Fencing: None Flooring: Carpet; Ceramic Tile; Laminate; Linoleum Foundation Details: Block Heating: Propane Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; On Site Septic Laundry Features: Inside; Laundry Closet; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Cleared; Level; Not In Development Operating Expense Includes: Insurance; Maintenance; Maintenance Grounds; Pest Control; Snow Removal; Trash Other Structures: None Owner Pays: HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Accessible Parking; Asphalt Possession: Negotiable Property Condition: Updated/Remodeled Road Frontage Type: State Road Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Asphalt Sewer: Shared Septic Structure Type: Multi Family Tenant Pays: Cable TV; Electricity; Gas; Hot Water; Insurance Utilities: Cable Available; Electricity Connected; Sewer Available; Water Connected View: None Water Source: Well Window Features: Double Pane Windows

Contract Information

Listing Contract Date
2026-08-03
Property Sub Type
Multi Family
Property Attached YN
No
Listing Service
Full Service

Location Tax and Legal

Street Number
186
Street Name
Ledgedale
Street Suffix
Road
County
Wayne
State
PA
Postal Code
18436
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Great investment property! This one time church was turned into apartments just 7 years ago so all units are completely updated including walls, flooring, and appliances. Each unit has central A/C, heating, Washer/dryer, stove, refrigerator, microwave and dishwasher. Live in 1 and rent the other 3 or rent all 4 for a steady income. Located in a located near Route 84 and close to the town of Hamlin, this building is easy to keep fully rented out. Priced at $675,000

Status Change Information

Major Change Timestamp
2026-08-03T19:10:32Z
Major Change Type
New Listing

More Information

Income and Expenses

Electric Expense
60
Insurance Expense
2200
Trash Expense
70

Unit 1

Unit #
Yes
Actual Rent
1500
Security Deposit $
1500
SqFt Total
872
Rooms Total
5
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 2

Unit #
2
Actual Rent
1800
SqFt Total
1627
Rooms Total
6
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 3

Unit #
3
Actual Rent
1000
SqFt Total
872
Rooms Total
5
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 4

Unit #
4
Actual Rent
1500
SqFt Total
1115
Rooms Total
4
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Entry Information

Entry Level
12

Meter Information

Number Of Separate Electric Meters
4

Road Frontage Type

Road Frontage Length
103
State Road
Yes

Location, Tax, and Legal

Municipality
Salem Township
City Region
Lake Ariel
High School District
Western Wayne School District
County Tax Amount
1237.03
Municipal Tax Amount
125.99
School Tax Amount
4688.03
Tax Annual Amount
6332.15
Tax Assessed Value
381800
Parcel Number
22-0-0321-0030
Additional Parcels YN
No
Zoning
Commercial
Zoning Description
Commercial
FEMA Zone
X
Tax Book Number
R-5276/233

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Oven
Yes
Free-Standing Electric Range
Yes
Free-Standing Refrigerator
Yes
Humidifier
Yes
Microwave
Yes
Range Hood
Yes
Washer/Dryer
Yes
Water Heater
Yes
Water Softener
Yes

Architectural Style

Converted
Yes
See Remarks
Yes

Basement

Apartment
Yes
Concrete
Yes
Daylight
Yes
Finished
Yes
French Drain
Yes
Full
Yes
Heated
Yes
Interior Entry
Yes
Walk-Up Access
Yes

Community Features

Sidewalks
Yes

Construction Materials

Vinyl Siding
Yes

Cooling

Central Air
Yes

Current Financing

Conventional
Yes

Current Use

Commercial
Yes
See Remarks
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Private Entrance
Yes
Rain Gutters
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Laminate
Yes
Linoleum
Yes

Foundation Details

Block
Yes

Heating

Propane
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Entrance Foyer
Yes
On Site Septic
Yes

Laundry Features

Inside
Yes
Laundry Closet
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Level
Yes
Not In Development
Yes

Other Structures

None
Yes

Parking Features

Accessible Parking
Yes
Asphalt
Yes

Possession

Negotiable
Yes

Property Condition

Updated/Remodeled
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Asphalt
Yes

Roof

Asphalt
Yes

Sewer

Shared Septic
Yes

Structure Type

Multi Family
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Available
Yes
Water Connected
Yes

View

None
Yes

Water Source

Well
Yes

Window Features

Double Pane Windows
Yes

Owner Pays

HVAC Maintenance
Yes
Insurance
Yes
Pest Control
Yes
Repairs
Yes
Roof Maintenance
Yes
Sewer
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Hot Water
Yes
Insurance
Yes

Operating Expense Includes

Insurance
Yes
Maintenance
Yes
Maintenance Grounds
Yes
Pest Control
Yes
Snow Removal
Yes
Trash
Yes

Documents

Listing Office: Lewith & Freeman Real Estate Hawley
Last Updated: August - 05 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
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