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Listed by Jennifer de Jesus Steel City Realty
$ 600,000
Est. payment /mo
New
149 W Ridge ST Lansford Boro, PA 18232
5,300 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $113
MLS Listing ID 26-3657
Year Built 1910
Annual Tax Amount $5,257
Tax Year 2025
Lot Size 5,300 Sqft
Lot Dimensions 3120
Property Sub-Type Residential Income
Source Luzerne County Association of REALTORS®
Property Description
$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
Location
State PA
County Carbon
Direction Walnutport. Continue toward PA-248 W. Follow US-209 S toward Lehighton / Jim Thorpe / Nesquehoning. Continue into Lansford.Turn onto W Bertsch St and follow it to 149 W Ridge
Rooms
Basement Unfinished, Partial, Concrete Floor
Interior
Fireplace No
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Panther Valley
Others
Tax ID 2