Lansford PA Multi Family for Sale
- Type:
- Investment
- Sq.Ft.:
- 1,277
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1899
- Baths:
- MLS#:
- 749625
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Welcome to this beautifully renovated two-unit property. This is the perfect opportunity for investors looking for a turnkey rental property with fantastic income potential. Each unit has been completely updated and modernized, boasting new fixtures, appliances, and finishes throughout. The tenants cover all utilities, ensuring hassle-free ownership for the lucky new owner. With a gross rental income of $20,400 per year, this property is sure to be a lucrative investment. Offered at an incredible price of $135,000.00, this property won't last long! Don't miss your chance to own this income-generating gem. Schedule your showing today and start reaping the benefits of real estate investing!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- PACC2005166
ADDITIONAL INFORMATION
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.
- Type:
- Investment
- Sq.Ft.:
- 1,004
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.03 Acres
- Year built:
- 1900
- Baths:
- 1.00
- MLS#:
- 748150
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Fully occupied home in Lansford, PA.Tenant is responsible for all utilities. With room for potential rent growth, this property offers both affordability and investment potential.
- Type:
- Investment
- Sq.Ft.:
- 9,500
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.07 Acres
- Year built:
- 1970
- Baths:
- 10.00
- MLS#:
- 745068
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
$123K Gross, $105K Net, 10.5% CAP, 20% Cash On Cash @ asking. The owners proudly invested over $300K+ to completely rehab & update this cash-flowing, turnkey 9-unit multi-family portfolio, including 110, 112, & 114 W Ridge. These properties have mountain views, stunning curb appeal, a brand-new facade, & a new roof. Itâ??s located next to a brand-new St. Luke's Hospital & many other Main Street businesses. Renovations include mostly new bathrooms, flooring, kitchens, appliances, paint, refinished & new cabinets, & some granite countertops in the kitchens. The property is sold with a clear Certificate of Occupancy & new rental permits issued by the city. Other upgrades include a refinished rear deck & balconies, 25+ new windows, new electrical work, & new water heaters. There are six large 1BR/1BA units, one large 2BR/1BA unit with a deck in the rear, & one enormous, 2-story 4BR/2BA unit with a deck in the rear, plus a veteran-run, long-standing barbershop. All tenants are brand new, clean, & friendly & have 1-year leases. The property is minutes from highways & shopping & is near a police station & a church. Note: The owners love this property but live 1.5hrs away, & due to the distance, they are selling to a lucky buyer. The ownership group lists over 15 multi-family units in addition to this property. Gross projections are $140K+ with 18.8% cash on cash. The owner can fill units or will pay for 1 Month's rent if the unit is vacant at the time of sale. One seller is RE agent.
- Type:
- Investment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 742179
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
13% Cap at asking! 2 unit residential building with $27,600 gross income! very low taxes and expenses gets you $23,974 in Net income annually. Remodeled 2 - bedroom apartments with large, shared deck and large yard. Tenants pay for all utilities! Tenants mow the lawn and pay pet fees for more income. Both sides have brand new split systems for heat and AC! On - street parking. 15 minutes north of Jim Thorpe, 10 minutes from Tamaqua and 45 minutes from Allentown. Comes with a great property manager so you don't need to go there!
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Lansford Real Estate
The median home value in Lansford, PA is $68,900. 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 $68,900. 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 18232 has a population of 4,110. Lansford 18232 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 18232 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 18232 is 38.6 years.
Lansford Weather
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.