For Sale

Listed by Alexander Schwartz

Source: Bright MLS #PAWN2000258

314 Cliff Street, Honesdale, PA, 18431

$499,000

5
17
3850 sq. ft.
43560 sq. ft.

Other

30+ days on the market

What's around 314 Cliff Street

About this property

For sale is a very unique 5-unit rental property sitting on one acre, consisting of a newly built in 2016 single family home, a triplex, and another single family home need slight updating. This property will be an excellent addition to any savvy investor's portfolio with a gross income of over 52K per year and with over 3k of net income monthly coming in, looking at a roughly 8.9% cap rate. The current rents are all under market rent so there is plenty of room for growth immediately. 100% occupancy. Front house is currently getting 925/mo, triplex 2175/mo and the Newer house 1260/mo (under market!). At optimal rents, the new house projects to rent about 1600/ mo, triplex 2600/mo and front house 1200/mo. which would give you instant equity whenever you decide to raise rent. Front house and middle unit triplex are on leases, but the other 3 units including the main house are month to month which is great for the new owner so you can control most of who your next tenants will be. Massive fully upgraded two car garage with full electric service under new house which is also rentable at about 200/mo. You can either rent all the units out for steady passive income or live in the new main house and let the other units pay the mortgage, either way you would come out ahead. The front white house and two of the triplex units with long term units needs cosmetic updates. Owner pays for sewer for the 5 units and electric for the garage only. Massive 1 acre lot allows room to build additional structures. Flexible Owner financing available as low as 20%, 15 year loan and current interest rates!! There is a major shortage of rentals in Honesdale so here's a chance to capitalize!

Looking for more information on 314 Cliff Street?

Explore comparables, sales history and growth for this property.
Learn more

Other properties for sale by REMAX Realty Select | Harrisburg

Pending
$225,000
907 Rhue Haus Ln
Hershey PA 17036
2
1
1
Condo
Listing courtesy of REMAX Realty Select | Harrisburg
Pending
$127,500
719 Lytle Street
Minersville PA 17954
3
1
Townhouse
Listing courtesy of REMAX Realty Select | Harrisburg
For Sale
$339,900
68 Bali Hai Road
Mechanicsburg PA 17050
3
1
4
Single-Family
Listing courtesy of REMAX Realty Select | Harrisburg

Browse properties sold in nearby areas

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which REMAX Realty Select | Harrisburg participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent