124 W Ridge Street, Lansford Boro
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About This Property
Well Maintained, Mixed Use, Multi-Unit Investment Property. Property sits on the city block between Patterson St. and Ridge St. a heavily trafficked area. Property consists of 1 Store Front with a 1/2 bath, 3 total Residential Rentals, One - 2 bedroom unit, Two - 1 bedroom units and additional income on a large 40 X 20 - 2 door garage. Large partially finished basement. Don't miss the opportunity to start or add to your portfolio with this unique investment! Lansford is known for its tourist attraction to the old No. 9 Mine & Museum.
This property has sold and is no longer on the market. This is an older sale on record (May 2023), not a recent one — values in this market have moved since. It sold for $140,000 in May 2023. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Wychock Real Estate, LLC.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Style
- 3 or More Units
- Condition
- Excellent
Interior
- Basement
- Concrete, Full
- Interior Features
- Drywall, Paneling, Plaster
- Included
- 3 Refrigerators, 3 Stove/Ovens, Ceiling Fans, 2 Washers & 2 Dryers
Systems
- Heating
- Other, Baseboard
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Vinyl Siding
- Roof
- Rolled/Hot Mop
- Garage
- 2 Car Detached
- Lot Dimensions
- 18 x145
Location
- County
- Carbon County
- School District
- Panther Valley
- Zoning
- Commercial
Costs & Listing
- 2021 Taxes
- $3,415
- Gross Income
- $24,528
- Net Operating Income
- $13,802
- Cap Rate
- 7.46%
- MLS #
- 22-1940
- Listed By
- Wychock Real Estate, LLC
What Is Your Lansford Boro Home Worth Today?
Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Lansford Boro and give you a real number — not an automated estimate.
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