309-311 E E Ridge ST, Lansford, PA 18232
309-311 E E Ridge ST, Lansford, PA 18232
309-311 E E Ridge ST, Lansford, PA 18232
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Listed by Michael Mulderig Bear Mountain Real Estate LLC
$329,900
Est. payment /mo
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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.

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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James Smith

James Smith

Agent | License ID: RS354299

+1(484) 656-8222

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309-311 E E Ridge ST