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    Two-Unit Apartment Building Title is generated by Realmo AI

    302 Chestnut Avenue, Hawley, PA 18428

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    Claim this Listing
    New
    For Sale
    $259,000

    MULTI_FAMILY - Contemporary - Hawley, PA

    Property size:
    1,400 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $185/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 1:06 am

    Property Features for 302 Chestnut Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Basement
    Parking
    4
    Parking features
    On Street
    Interior features
    Ceiling Fan(s)
    Basement
    Full
    Appliances
    Electric Oven, Washer/Dryer, Range, Refrigerator, Free-Standing Range
    Standard status
    Active
    APN
    10-0-0004-0090
    Size
    1,400 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Description
    R-4086/187
    Tax Annual Amount
    2911

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Vinyl, Tile - Ceramic, Laminate
    Building materials
    Vinyl Siding
    Roof type
    Asbestos Shingle
    Architectural style
    Contemporary

    We can help!

    Contact an agent
    Robert McGinnis
    Robert McGinnis

    Listing agent Robert McGinnis License #RS130275A

    Listing office Coldwell Banker Lakeview Realtors 2543 Rt 6 Suite 1, Hawley, PA

    Listing date Jun 25, 2026

    MLS# PW-262078 Listing URL

    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.

    HighLights

    • 2‑unit apartment building in Hawley Borough on Chestnut Ave
    • Unit 302A: 2 bedrooms, 1 bath; fully equipped kitchen with stove, refrigerator, washer and dryer; vacant and showable
    • Unit 302B: 2 bedrooms, 1.5 baths; fully equipped kitchen with stove, refrigerator, washer and dryer; tenant occupied—appointment required
    • Utilities include cable available; water source is public and sewer is public sewer
    • Heating is forced air with natural gas; cooling provided by ceiling fans
    • Exterior and interior features include vinyl siding, multiple flooring types (carpet, laminate, vinyl, ceramic tile), and an asbestos shingle roof

    Overview

    This is a two-unit apartment building with two separate 2-bedroom layouts. Unit 302A is vacant and features 2 bedrooms, 1 bathroom, and a fully equipped kitchen with a stove, refrigerator, and in-unit washer and dryer. Unit 302B is tenant occupied and features 2 bedrooms, 1.5 bathrooms, and a fully equipped kitchen with a stove, refrigerator, and in-unit washer and dryer. The property is listed for sale with approximately 1,400 square feet of total building area on a 0.12-acre lot.

    The building is located at 302 Chestnut Avenue in Hawley Borough, Wayne County, Pennsylvania. Unit 302A can be shown through ShowingTime. Unit 302B is tenant occupied and requires an appointment to view.

    For buyers seeking an owner-occupied or investment-friendly structure, the mix of a vacant unit and an occupied unit can support flexible use and leasing options. With both units set up with in-unit laundry and fully equipped kitchens, the property presents a straightforward residential income setup suitable for tenants who want practical, self-contained living arrangements.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $23.5k $16.80
    − Vacancy −$1.8k −$1.26
    EGI $21.8k $15.54
    − OpEx −$6.5k −$4.66
    NOI $15.2k $10.88
    1,400 SF · lease $16.80/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $217.6K
    $190.4K – $253.8K (±1% cap)
    NOI $15,229 @ 7.0% cap · market cap 5.88%
    Second Best
    Apartment 5plus
    $188.4K
    $164.9K – $219.9K (±1% cap)
    NOI $13,191 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Office A
    $341.4K
    $298.7K – $398.3K (±1% cap)
    NOI $23,896 @ 7.0% cap · market cap 9.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hawley
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.185291
    Latitude
    41.475227

    FAQs

    What type of property is this?
    Duplex - Two-unit apartment building offers one vacant 2-bedroom unit plus an occupied companion unit.
    Where is this duplex located?
    The property is located at 302 Chestnut Avenue Hawley, PA.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: 2‑unit apartment building in Hawley Borough on Chestnut Ave; Unit 302A: 2 bedrooms, 1 bath; fully equipped kitchen with stove, refrigerator, washer and dryer; vacant and showable; Unit 302B: 2 bedrooms, 1.5 baths; fully equipped kitchen with stove, refrigerator, washer and dryer; tenant occupied—appointment required
    More about this property
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