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$600,000
MLS #26-3657

149 W Ridge Street, Lansford Boro

Lansford Boro, PA, 18232
5
Units
5,300
Building Square Footage
1910
Year Built

About This Property.

$78,600 gross income | $64,178 NOI | 10.70% cap rate at $600,000. Extensively renovated 5-unit property with two 3BR, two 2BR, and one 1BR unit generating $6,550/month. Over $216,000 in documented improvements, including roof, structural, electrical, plumbing, windows, siding, interiors, fire-safety upgrades, and 5 off-street parking spaces. At the asking price, the property has over 10% cap rate

Property Details.

Location.

Area Demographics

Lansford Borough
4,156
Population
$44,541
Median Household Income
52%
Owner Occupied
2.52
Average Household Size
Housing Tenure
52% Owner Occupied48% Renter
ZIP 18232
4,156
Population
$44,541
Median Household Income
52%
Owner Occupied
2.52
Average Household Size
Housing Tenure
52% Owner Occupied48% Renter
Carbon County
65,382
Population
$67,569
Median Household Income
76%
Owner Occupied
2.37
Average Household Size
Housing Tenure
76% Owner Occupied24% Renter

Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).

Meet Our Agents.

Jonathan J. Nelson Real Estate