309-311 E E Ridge St, Lansford, PA 18232

$329,900

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List Price
$329,900
Price Change
▼ $20,000 1783137345
MLS#
PM-142016
Status
ACTIVE
City
Lansford
County
Carbon
Neighborhood
Lansford Borough
Lot Size
2,003
Year Built
1920

Property Description

Turnkey Investment Opportunity in Lansford, PA! Don't miss this recently renovated triplex offering strong cash flow potential with a projected 10% cap rate. Whether you're looking to expand your portfolio or secure your first multifamily investment, this property delivers a compelling combination of updated condition, and income producing potential. The building features three spacious units consisting of two 3 bedroom, 1 bath apartments and one 2 bedroom, 1 bath apartment, providing flexibility for a diverse tenant base. Residents enjoy access to a shared laundry area located on the lower level, adding convenience and additional appeal. Recent renovations help minimize immediate capital expenditures, while the durable metal roof offers long term peace of mind and reduced maintenance concerns. The property also includes valuable off street parking. Conveniently located in Lansford, Pennsylvania, this income producing asset is positioned in an affordable rental market with strong demand for quality housing. Whether you're seeking steady cash flow, long term appreciation potential, or a value add investment already performing, this triplex checks all the boxes. Schedule your showing today and see why this turnkey multifamily property is an excellent addition to any real estate portfolio.

Additional Information

Acres
0.05
Lot Size
2,003
Stories
3
Style
Traditional
Taxes
$2,778

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Listing provided by Bear Mountain Real Estate LLC

The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.