Residential Income in Lansford Boro

$349,000

35 Ridge, 18232, Lansford Boro, PA

Residential Income for sale in Lansford Boro, 35 Ridge, 18232

35 Ridge, 18232, Lansford Boro, PA

$349,000

5Bed
5Bath
Type: Residential Income

Description

Fully occupied five-unit investment property generating $45, 600 in gross income and $31, 070 in net income. The asset offers a strong value-add opportunity in the growing Lansford market, with stable in-place income and clear upside upon stabilization. Tenants are responsible for their own electric and heat, while landlord responsibilities are limited to water/sewer and trash, creating a simple and efficient structure for new owner. The property also features a roof that is only two years old, helping reduce near-term capital concerns. Additional value is supported by a six-car garage, offering potential for added rental income and improved overall cash flow. With full occupancy, low landlord utility exposure, garage income potential, and a growing rental location, this property is well suited for investors seeking a value-add multifamily asset with the opportunity to become a strong cash-flowing investment upon stabilization.

Location

35 Ridge, 18232, Lansford Boro, PA

Data

Object TypeResidential Income
Purchase Price$349,000
Living Space0 m²
Plot Size364.18 m²
Bathrooms5
Construction Year1914
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard
Primary Energy SourceN/A
Construction Year1914
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent