USAPALansford110 W Ridge St
110 W Ridge St, Condo with 12 bedrooms, 10 bathrooms and 2 parking in Lansford PA | Image 1
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$985,000

110 W Ridge St, Lansford, PA

Condo

For Sale

$--,---,---
12102
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 9500 sqft
Garage No
HOA Fees $1,800
Taxes $8,528
Days Active 23
Approx. Age 1970
Avg. Price Per Sqft $103
MLS® Number 764219

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This fully occupied CASH COW & Immediate cash flow with Gross of $128, 100 & Net Income of $105, 992, making this fully renovated, turn-key 9-unit portfolio a premier investment. Ownership invested over $300, 000 into a complete rehabilitation across 110, 112, & 114 W Ridge St, transforming these buildings into the most attractive multifamily assets on the block. Exterior highlights include a brand-new façade, roof, balconies, & refinished rear deck, along with 25+ new windows that enhance efficiency and curb appeal. Inside, nearly every aspect has been modernized: new & refinished kitchens with appliances, cabinets, & granite countertops; updated bathrooms; new flooring; fresh paint; & new water heaters & electrical upgrades. The property is sold with a clear Certificate of Occupancy and new city rental permits. The unit mix provides tenant diversity and strong retention: six large 1BR/1BA units, one spacious 2BR/1BA with private rear deck, one enormous 2-story 4BR/2BA with rear deck, and a long-standing, veteran-run barbershop anchoring the commercial space. All tenants are brand-new, friendly, and secured on 1-year leases, stabilizing income from day one. Located next to the new St. Luke’s Hospital, near Main Street businesses, highways, police station, and a church, the property offers a strong rental base in a revitalizing community. This is a rare chance to own a fully renovated, fully leased, high-yield property with unmatched curb appeal & long-term stability.Show Description
MLS® Number764219
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1970
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CWall Units
Heating Fuel

Extras

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