260 Terrace St, Honesdale, PA 18431

260 Terrace St- Motivated seller!!!! Great opportunity for investors!!! This 2 unit house has many upgrades and improvements. The first floor unit is a 2 bedroom one bath apartment (recently remodeled) with large dinning room, eat in kitchen and large living room. The apartment is furnished with washer and dryer (in the basement- common area), stove, and refrigerator. This unit has updated electrical panels and Has three heat sources (gas fireplace, gas steam heat, electric heat). This unit comes with a covered front porch. The upstairs unit is a 3 bedroom, 1 bath apartment with eat in kitchen and large living/sunroom. This apartment is furnished with washer and dryer, stove, and refrigerator. This unit is heated with a brand new gas forced hot air furnace. This apartment has an updated electrical panel. The house had a brand new roof- 50-year shingles. The house comes with a large 2 1/2 car garage with garage door openers, currently used by tenants. There is a significant amount of off street parking. A brand new sidewalk was recently poured from the parking area, to each apartment entrance and down to the lower level- common area. Rental income is 1,475+ per month and tenants pay for gas, electric, water (separate water lines/meters), garbage, cable, etc. Landlord plays for sewer ONLY. Both units are currently occupied by great tenants. Conveniently located in town-very attractive to potential tenants as there is a nice side yard. Live in one and rent the other- options galore- don’t miss out on the historically low interest rates! The numbers add up on this great investment opportunity for $144,999. Please note that the zestimate for this property is incorrect. The zestimate range is between $132,000- $160,000. Showing to qualified buyers ONLY. If your interested please call (570) 352-2873.