522 Spring Street, Hawley, PA 18428

Other
IDR Rp108,033,131,238
USD $6,000,000
Published on: 19 Mar 2026
Last updated on: 15 May 2026
522 Spring Street, Hawley, PA 18428
522 Spring Street, Hawley, PA 18428
522 Spring Street, Hawley, PA 18428
+39
522 Spring Street, Hawley, PA 18428
  • 39
Property ID: 110106497355
Translate to English

MULTI_FAMILY - Hawley, PA

522 Spring Street, Hawley, PA 18428
Presented exclusively for qualified investors, this offering represents a rare opportunity to acquire a 34-unit multifamily residential portfolio located in Hawley, Pennsylvania, the commercial hub of Wayne County and gateway community to the Pocono Mountains region. The portfolio comprises two distinct residential components: Eagle Village Apartments, a concentrated multifamily complex at 516, 520, and 522 Spring St; and The Heights at Bellemonte / School Avenue, a collection of residential apartment buildings at 141-147 Bellemonte Avenue and 155 School Avenue.Together, these properties generate $593,940 in annual gross scheduled rent from 34 well-maintained residential units, supplemented by $4,200 in annual laundry income, for a total Gross Potential Income of $598,140. The portfolio is currently 91.2% occupied (31 of 34 units), with three vacant two-bedroom units representing immediate lease-up upside. The seller reports an owner's NOI of approximately $444,400, reflecting a lean expense ratio of 25.7%, significantly below the multifamily industry average of 35%-50%, driven by the portfolio's efficient cost structure and increasing tenant utility responsibility.The portfolio offers a compelling combination of current cash flow, near-term value-add opportunity, and favorable positioning in a growing Pennsylvania market. With the Pocono Mountains region attracting continued residential demand from remote workers, retirees, and tourism-adjacent renters, Hawley's majority-renter community supports a stable tenant base for sustained investment performance.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
11,978.71 m2
Year Built
1940
Num Floors
3
County
Wayne
Parcel ID
10-0-0004-0178
Provider
Pike/Wayne Association of Realtors MLS
Brokerage Office Name
Davis R. Chant Real Estate, Inc.
Brokerage Office Phone
(570) 296-7717
Address
522 Spring Street, Hawley, PA 18428

Tax History

YearTax amount
2026USD $38448IDR Rp692,276,305*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither FazWaz.id nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. FazWaz.id recommends that you independently verify any information before relying on it.

Contact Agent
William Clauss
Davis R. Chant - Lake Wallenpaupack
2483 Route 6 , Hawley, PA 18428
Get in touch
Report this page

Contact Agent

Contact Agent

Email enquiry to Davis R. Chant - Lake Wallenpaupack

William Clauss
2483 Route 6 , Hawley, PA 18428
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 110106497355

      Original Property ID: 3yd-PWARPA-PW-260561
      Data provided by Pike/Wayne Association of Realtors MLS, MLS #: PW-260561
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.