This property has been completely renovated and will soon be occupied by year-to-year tenants with a conservative projected Gross of $49,200, $38,300 NET Income, and 10.5% CAP at the asking price. Owners have made a substantial financial investment into fully modernizing this 3-unit multi-family residence, renovations across all units including new windows, flooring, paint, electrical updates, new kitchens, cabinets, bathrooms, bedrooms, and updated appliances. The configuration includes two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Located in Carbon County, the property is conveniently close to highways and shopping centers. One of the owners is a RE agent Tenants are responsible for electricity and heat. NOTEâThe owners are fond of this property but have decided to sell it because they live 1.5 hours away, presenting a great opportunity for the right buyer. The property can be bought individually or as a package with 30+ other units nearby including: 3UNIT - 755 E Broad St, Tamaqua; 9Unit - 110 W Ridge st, Lansford; 4Unit 424 E Broad St, Tamaqua, Lansford; 4Unit 157 W Ridge, Lansford. Show and go. Can be FHA at 6.25%financing, 5%down, 30YR fixed.
The median home value in Lansford, PA is $83,250. This is lower than the county median home value of $232,000. The national median home value is $338,100. The average price of homes sold in Lansford, PA is $83,250. Approximately 38.17% of Lansford homes are owned, compared to 38.81% rented, while 23.01% are vacant. Lansford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lansford real estate agent to arrange a tour today!
Lansford, Pennsylvania has a population of 4,110. Lansford is less family-centric than the surrounding county with 17.71% of the households containing married families with children. The county average for households married with children is 23.04%.
The median household income in Lansford, Pennsylvania is $39,800. The median household income for the surrounding county is $59,289 compared to the national median of $69,021. The median age of people living in Lansford is 38.6 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 52.3 inches per year, with 40.8 inches of snow per year.