This 3 Family on double sized lot in highly desired Matamoras PA is a CASH COW!!Fully rented with great long term tenants.Raise rents to market values and you will be able to earn $10% Return on Investment. All apartments are two bedrooms each. Low Taxes just $5,116. Current low rents Gross $42,600 and net $33,400 after expenses. however raising market rents a reasonable $150 each would increase gross to $48,000 with Net income of $39,000 per year almost 10% Return on investment.
Sold for $370,000 on 07/28/25
$370,000
700 1st St, Matamoras, PA 18336
5beds
2,191sqft
Multi Family
Built in 1950
-- sqft lot
$370,500 Zestimate®
$169/sqft
$2,448 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 07:45am
Listed by:
Paul Hamilton 845-856-4400,
Orange-West Realty Inc.
Bought with:
Paul Hamilton, RM419389
Orange-West Realty Inc.
Source: PWAR,MLS#: PW243016

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Gas Oven, Refrigerator, Gas Range
Features
- Flooring: Laminate
- Basement: Unfinished
Interior area
- Total structure area: 2,191
- Total interior livable area: 2,191 sqft
- Finished area above ground: 2,191
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Front Porch
- Exterior features: Private Yard
- Body of water: None
Lot
- Size: 4,791 sqft
- Features: Back Yard
Details
- Parcel number: 083.060217 007736
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 100 Amp Service
- Gas: # of Separate Gas Meters 3
- Water: Public
Community & neighborhood
Location
- Region: Matamoras
- Subdivision: None
HOA & financial
Other fees
- Deposit fee: $2,900
Other
Other facts
- Listing terms: Cash,VA Loan,FHA,Conventional
- Road surface type: Paved
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.