Investor Opportunity: Twin/Duplex Home in Lansford, PA â This twin/duplex home offers a great investment opportunity, featuring two separate 2-bedroom, 1-bath units, each with its own walk-out basement. This property has potential but will require some work to bring it up to its full value. Whether you're looking for rental income or a fix-and-flip, this duplex is priced right for investors ready to take on a project. With solid bones and the ability to renovate both units, you can maximize your returns.
Money maker building in the making. 2 units rented and a 3rd that needs to be finished. This property has 2 units finished and rented out. A 3rd unit can add even more income to the property. The landlord currently pays the for the oil heat, but by making it electric you could make it even more hands off and profitable. Great price and opportunity for a new or experienced investor. OR live in 1 unit and build some equity before you sell or move into a new place. OR, get 2 friends together and buy it and live in it, everyone pays less than rent and you all build equity. Gross income almost $22,000 now and with the 3rd unit rented, could be over $30,000 and keep even more if you put in electric heat. Tough to find just a house for this price, call now and get 3 units.
$26400 gross income! Low taxes and low expenses gets you $20,000 Net income makes this 11% cap! Both sides are up and down 2 bedrooms and one bathroom with large, shared deck and large yard. Tenants pay for all utilities! Newly remodeled with all new flooring. 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 Close to main roads. 15 minutes north of Jim Thorpe, 10 minutes from Tamaqua and 45 minutes from Allentown. Add to your portfolio. Can come with a great property manager so you don't need to go there!
The median home value in Lansford, PA is $50,000. This is lower than the county median home value of $156,100. The national median home value is $219,700. The average price of homes sold in Lansford, PA is $50,000. Approximately 49.41% of Lansford homes are owned, compared to 25.6% rented, while 25% 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 3,819. Lansford 18232 is less family-centric than the surrounding county with 21.9% of the households containing married families with children. The county average for households married with children is 24.47%.
The median household income in Lansford, Pennsylvania 18232 is $31,447. The median household income for the surrounding county is $51,236 compared to the national median of $57,652. The median age of people living in Lansford 18232 is 42.6 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 48.4 inches per year, with 38.3 inches of snow per year.