522 Spring Street, Hawley, PA 18428 (MLS# PW-241382)

522 Spring Street, Hawley, PA 18428

$1,700,000

Property Type: Commercial Sale Square Footage: 21,353 Status: Closed

Current Price: $1,700,000 List Date: 7/08/2024 Last Modified: 9/11/2024

Overview

Description

Multifamily investors, don't miss this opportunity to own the beautiful Eagle Village Apartment complex in the friendly borough of Hawley. The property has been very well maintained and renovated. There are 3 buildings with a total of 21 units. Perfectly located less than a block from Main Ave featuring great restaurants and shopping, walking distanced to Bingham Park and hiking trails and only 2 miles from Lake Wallenpaupack.

Listing Details MLS# PW-241382

General Property Information

Number Of Buildings: 3
Number Of Units Total: 21
Building Area Total: 21353
Living Area: 21353
Year Built: 1890
Year Built Details: Tax records. Original building was 1890. Major renovation on main building around 2005.
Building Name: Eagle Village Apartments
Lot Size Acres: 1.39
Waterfront YN: No
Water Body Name: None
Basement YN: Yes
Stories: 4
Rent Control YN: No
List Price/SqFt: 84.06
Sold Price/SqFt: 79.61

Property Features

Basement: Walk-Out Access Building Features: Emergency Lighting; High Traffic Area; Prime Location Business Type: Residential Construction Materials: Frame Cooling: Ceiling Fan(s); Central Air; Separate Meters; Wall/Window Unit(s) Current Use: Multi-Family; Residential Electric: 100 Amp Service; 200+ Amp Service; Circuit Breakers Flooring: Carpet; Linoleum; Tile; Vinyl; Wood Heating: Baseboard; Electric; Heat Pump; Hot Water; Oil; Separate Meters Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Near Central Business District; Near General Business Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Sewer; Snow Removal; Taxes; Trash Collection Parking Features: Gravel; On Site; Private; Unassigned Possession: Close Of Escrow Possible Use: Investment; Multi-Family Property Condition: Updated/Remodeled Road Frontage Type: State Road Road Surface Type: Asphalt Roof: Asphalt Security Features: Fire Alarm; Fire Sprinkler System; Smoke Detector(s) Sewer: Public Sewer Structure Type: Multi Family Utilities: Natural Gas Available Water Source: Public

Contract Information

Listing Contract Date: 2024-05-14
Property Sub Type: Multi Family
Listing Service: Full Service
Environmental Survey YN: Yes

Location Tax and Legal

Street Number: 522
Street Name: Spring
Street Suffix: Street
County: Wayne
State: PA
Postal Code: 18428
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Multifamily investors, don't miss this opportunity to own the beautiful Eagle Village Apartment complex in the friendly borough of Hawley. The property has been very well maintained and renovated. There are 3 buildings with a total of 21 units. Perfectly located less than a block from Main Ave featuring great restaurants and shopping, walking distanced to Bingham Park and hiking trails and only 2 miles from Lake Wallenpaupack.

Status Change Information

Major Change Timestamp: 2024-08-31T13:35:08Z
Major Change Type: Status Change
Purchase Contract Date: 2024-07-08
Close Date: 2024-08-30
Close Price: 1700000
Buyer Financing: Conventional

More Information

Property Condition

Year Built Effective: 1995
Updated/Remodeled: Yes

Location, Tax, and Legal

Municipality: Hawley Borough
City Region: Hawley
High School District: Wallenpaupack School District
County Tax Amount: 3797.6
Municipal Tax Amount: 3966.38
School Tax Amount: 11688.18
Tax Annual Amount: 19452.16
Tax Year: 2023
Tax Assessed Value: 1172100
Parcel Number: 10-0-0004-0178
Additional Parcels YN: Yes
Additional Parcels Description: 5 parcels total:10-0-0004-0179; 10-0-0004-0178; 10-0-0004-0177.0001; 10-0-0004-0177; 10-0-0004-0176
Zoning: C-1 General Com
Zoning Description: Commercial
Tax Book Number: R-5356/158

Basement

Walk-Out Access: Yes

Construction Materials

Frame: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Separate Meters: Yes
Wall/Window Unit(s): Yes

Current Use

Multi-Family: Yes
Residential: Yes

Electric

100 Amp Service: Yes
200+ Amp Service: Yes
Circuit Breakers: Yes

Flooring

Carpet: Yes
Linoleum: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Heating

Baseboard: Yes
Electric: Yes
Heat Pump: Yes
Hot Water: Yes
Oil: Yes
Separate Meters: Yes

Levels

Three Or More: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Near Central Business District: Yes
Near General Business: Yes

Parking Features

Gravel: Yes
On Site: Yes
Private: Yes
Unassigned: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

State Road: Yes

Road Surface Type

Asphalt: Yes

Roof

Asphalt: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Structure Type

Multi Family: Yes

Utilities

Natural Gas Available: Yes

Water Source

Public: Yes

Building Features

Emergency Lighting: Yes
High Traffic Area: Yes
Prime Location: Yes

Business Type

Residential: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes

Possible Use

Investment: Yes
Multi-Family: Yes

Documents

Lead-Based Paint Hazards Disclosure ›

Listing Office: Davis R. Chant - Lake Wallenpaupack

Last Updated: September - 11 - 2024

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