703 Court Street, Honesdale, PA 18431

$399,900
Property Type: Residential Income Bedrooms: 6 Baths: 5 Square Footage: 3,621 Status: Pending
Current Price: $399,900 List Date: 4/30/2026 Last Modified: 5/19/2026

Overview

Description

INVESTMENT PROPERTY ON THE LACKAWAXEN RIVER IN HONESDALE BOROUGH. Grosses $44,400 a year. Tenants pay their own utilities. Situated directly on the Lackawaxen River within a high-demand rental market, this property is a premier choice for those looking to secure a stable income stream. Currently set up as a 3-unit, but the county tax info has it registered as a legal 4-unit, which could easily be created to generate more income.

Listing Details MLS# PW-261174

General Property Information

Number Of Units Total
3
Bedrooms Total
6
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Above Grade Finished Area
2761
Below Grade Finished Area
860
Living Area
3621
Year Built
1920
Year Built Source
Public Records
New Construction YN
No
Lot Size Acres
0.09
Association YN
No
Waterfront YN
Yes
Water Body Name
Lackawaxen River
Basement YN
Yes
Stories
4
List Price/SqFt
110.44
Garage Spaces
0

Property Features

Basement: Finished; Full

Contract Information

Listing Contract Date
2026-04-30
Property Sub Type
Multi Family
Lock Box Number
31376185
Listing Service
Full Service

Location Tax and Legal

Street Number
703
Street Name
Court
Street Suffix
Street
County
Wayne
State
PA
Postal Code
18431
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
INVESTMENT PROPERTY ON THE LACKAWAXEN RIVER IN HONESDALE BOROUGH. Grosses $44,400 a year. Tenants pay their own utilities. Situated directly on the Lackawaxen River within a high-demand rental market, this property is a premier choice for those looking to secure a stable income stream. Currently set up as a 3-unit, but the county tax info has it registered as a legal 4-unit, which could easily be created to generate more income.

Status Change Information

Major Change Timestamp
2026-05-19T23:50:49Z
Major Change Type
Status Change
Purchase Contract Date
2026-05-19

More Information

Income and Expenses

Gross Income
44400

Unit 1

Unit #
703
Actual Rent
1700
SqFt Total
1754
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes

Unit 2

Unit #
701A
Actual Rent
1100
SqFt Total
880
Dining Room YN
Yes
Kitchen YN
Yes
Occupied YN
Yes

Unit 3

Unit #
701C
Actual Rent
900
SqFt Total
987
Dining Room YN
Yes
Kitchen YN
Yes

Unit Details

1 Bedroom
Yes
3 Bedroom
2

Location, Tax, and Legal

Municipality
Honesdale Borough
High School District
Wayne Highlands
County Tax Amount
499
Municipal Tax Amount
1087
School Tax Amount
1873
Tax Annual Amount
3460
Parcel Number
11-0-0010-0065
Zoning
Commercial
Tax Book Number
R-5017/287

Basement

Finished
Yes
Full
Yes

Oil, Gas and Mineral Rights

Property Subject To Lease
No

Documents

Listing Office: Berkshire Hathaway HomeServices Pocono Real Estate Hawley
Last Updated: May - 19 - 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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