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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

Home Features

Water
Public
Sewer
Public Sewer
Heating
Electric Baseboard
Basement
Concrete, Unfinished, Partial
Exterior
Vinyl Siding
Roof
Composition
Garage
Detached
Lot Dimensions
3120
Interior Features
Drywall
Outdoor
Deck
Condition
Excellent
Included
Take PA-145 N / MacArthur Rd toward Walnutport. Continue toward PA-248 W. Follow US-209 S toward

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