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Listed by Michael Mulderig Bear Mountain Real Estate LLC
$329,900
Est. payment /mo
2,003 Sqft Lot
Price Dropped by $20K
309-311 E E Ridge ST Lansford, PA 18232
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Municipality Lansford Borough
MLS Listing ID PM-142016
Style Traditional
HOA Y/N false
Year Built 1920
Annual Tax Amount $2,778
Lot Size 2,003 Sqft
Acres 0.05
Lot Dimensions 0.05
Property Sub-Type Triplex
Source Pocono Mountains Association of REALTORS®
Property Description
Turnkey Investment Opportunity in Lansford, PA!
Don't miss this recently renovated triplex offering strong cash flow potential with a projected 10% cap rate. Whether you're looking to expand your portfolio or secure your first multifamily investment, this property delivers a compelling combination of updated condition, and income producing potential.
The building features three spacious units consisting of two 3 bedroom, 1 bath apartments and one 2 bedroom, 1 bath apartment, providing flexibility for a diverse tenant base. Residents enjoy access to a shared laundry area located on the lower level, adding convenience and additional appeal.
Recent renovations help minimize immediate capital expenditures, while the durable metal roof offers long term peace of mind and reduced maintenance concerns. The property also includes valuable off street parking.
Conveniently located in Lansford, Pennsylvania, this income producing asset is positioned in an affordable rental market with strong demand for quality housing. Whether you're seeking steady cash flow, long term appreciation potential, or a value add investment already performing, this triplex checks all the boxes.
Schedule your showing today and see why this turnkey multifamily property is an excellent addition to any real estate portfolio.
Don't miss this recently renovated triplex offering strong cash flow potential with a projected 10% cap rate. Whether you're looking to expand your portfolio or secure your first multifamily investment, this property delivers a compelling combination of updated condition, and income producing potential.
The building features three spacious units consisting of two 3 bedroom, 1 bath apartments and one 2 bedroom, 1 bath apartment, providing flexibility for a diverse tenant base. Residents enjoy access to a shared laundry area located on the lower level, adding convenience and additional appeal.
Recent renovations help minimize immediate capital expenditures, while the durable metal roof offers long term peace of mind and reduced maintenance concerns. The property also includes valuable off street parking.
Conveniently located in Lansford, Pennsylvania, this income producing asset is positioned in an affordable rental market with strong demand for quality housing. Whether you're seeking steady cash flow, long term appreciation potential, or a value add investment already performing, this triplex checks all the boxes.
Schedule your showing today and see why this turnkey multifamily property is an excellent addition to any real estate portfolio.
Location
State PA
County Carbon
Area 0.05
Exterior
View Y/N No
Building
Architectural Style Traditional
Others
Tax ID 122A3-22-B7
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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