Sold
Address
48 West Ridge Street, Lansford Borough, PA
Price
$ 460,000
Property Attributes
  • MLS#722203
  • TypeMulti-Family
  • CountyCARBON
  • CityLansford Borough
  • Zip18232
  • Style
  • Price$ 460,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage2500
  • Lot Size0.07 Acres
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
Property Description

12%+ CAP @ asking, Projected $83,100 Gross Income, $70,836 Net Actual 71k gross 56k Net. The 48-50 E Ridge Apartments feature four residential units and two commercial storefronts including main street staple, Bruch Eye Care Associates. Multiple units have been renovated with some new appliances, fresh paint, new carpet, new hardwood, and new kitchens. There are three 2BR/1BA units and one spacious 1BR/1BA. This property has stunning curb appeal and is located next to a BRAND NEW St. Luke's Hospital Facility as well as many other main street businesses. This property can be purchased individually or along with 30 other units being sold by the same seller, including 106 Ridge (6 units), 9 Ridge (9 Units), 214 216 Ridge (4 Units), and three additional parcels.

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 18232

Price
AVG $160K
$460K

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