# 149 W Ridge Street, Lansford, PA 18232 > **TL;DR:** 11bd/5ba multi-family, $550,000 ($104/sqft), built 1929, 5,300 sqft. > Hardwood. Est. $2,941/mo. Listed 13 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $550,000 | | Price/sqft | $104 | | Bedrooms | 11 | | Bathrooms | 5 full | | Square Feet | 5,300 | | Year Built | 1929 | | Lot Size | 3,136 sqft (0.07 acres) | | Stories | 3 | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 13 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,781 | | Estimated Insurance | $160 | | **Total** | **$2,941** | ## Key Amenities - Hardwood ## Property Highlights - Built in 1929 - 0.07 acre lot - 3 stories - 3 parking spaces ## Description ### Agent Description $75,000 GROSS INCOME | $60,578 NOI | 11.0% CAP RATE AT $550,000. This extensively renovated 5-unit multifamily asset combines strong current income, a highly rentable unit mix, attractive curb appeal, and more than $216,000 in documented improvements. The property includes two 3-bedroom units, two 2-bedroom units, and one 1-bedroom unit. All five apartments were substantially refreshed with repaired walls and ceilings, fresh neutral paint, mold-resistant coatings, subfloor repairs, durable wood-look flooring, updated kitchens with new cabinetry and countertops where required, renovated bathrooms with updated vanities, fixtures, mirrors, toilets, and tub surrounds, upgraded lighting and outlets, and replacement appliances where needed. The finished units are bright, clean, and highly marketable, offering generous room sizes, modern finishes, abundant natural light, and practical layouts designed to attract a broad tenant base. Common areas were also improved with fresh paint, durable wall finishes, stair safety upgrades, and added windows for natural light. Beyond the interiors, ownership addressed the expensive items investors worry about most. Major capital work included a complete roof tear-off and replacement, reinforcement of compromised framing from the basement through the third floor, engineer-stamped and city-approved structural repairs, rebuilt rear wall sections, installation of an air and moisture barrier, insulated vinyl siding, exterior painting, replacement energy-efficient windows, new fire-rated entry and apartment doors, upgraded locks and hardware, repaired stair framing, updated handrails and guardrails, electrical improvements, plumbing repairs, and a new interconnected 25-device smoke-detector system. The result is not a superficial flip, but a substantially improved income property with reduced deferred-maintenance risk and limited near-term capital exposure. The building presents with a clean, prominent residential appearance against a scenic hillside backdrop and includes five lined off-street parking spaces, public water and sewer, electric baseboard heat, separate apartment layouts, and low reported operating expenses. At the asking price, the property offers a projected 11% cap rate, immediate cash-flow potential, diversified rental income, and the long-term wealth-building advantages of owning a renovated multifamily asset rather than inheriting years of neglected capital work. Financials reflect current and projected rents; buyer to verify all figures. ## Location - **Address:** 149 W Ridge Street, Lansford, PA 18232 - **County:** Carbon - **Neighborhood:** No Subdivision - **Coordinates:** 40.831358, -75.888137 - **Google Maps:** https://www.google.com/maps?q=40.831358,-75.888137 ## Listing Agent - **Name:** Jennifer L. DeJesus - **Brokerage:** Steel City Realty - **Broker Phone:** (484) 895-9005 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/149-W-Ridge-St-Apt-3_Lansford_PA_18232_M46370-36119?f=listhub&s=LVARPA&m=786724&c=propsimple) ## Photos ![149 W Ridge Street - Photo 1](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3634335510r.jpg) ![149 W Ridge Street - Photo 2](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f4102931631r.jpg) ![149 W Ridge Street - Photo 3](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f315248727r.jpg) ![149 W Ridge Street - Photo 4](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2387213537r.jpg) ![149 W Ridge Street - Photo 5](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1631462426r.jpg) ![149 W Ridge Street - Photo 6](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f837281195r.jpg) ![149 W Ridge Street - Photo 7](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f63765641r.jpg) ![149 W Ridge Street - Photo 8](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f724800781r.jpg) ![149 W Ridge Street - Photo 9](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2866094141r.jpg) ![149 W Ridge Street - Photo 10](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f695773743r.jpg) ![149 W Ridge Street - Photo 11](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3467412485r.jpg) ![149 W Ridge Street - Photo 12](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2182411705r.jpg) ![149 W Ridge Street - Photo 13](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1255385422r.jpg) ![149 W Ridge Street - Photo 14](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1865472755r.jpg) ![149 W Ridge Street - Photo 15](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2593268027r.jpg) ![149 W Ridge Street - Photo 16](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2524072270r.jpg) ![149 W Ridge Street - Photo 17](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1918017917r.jpg) ![149 W Ridge Street - Photo 18](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3130538191r.jpg) ![149 W Ridge Street - Photo 19](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1006739831r.jpg) ![149 W Ridge Street - Photo 20](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1154827407r.jpg) ![149 W Ridge Street - Photo 21](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3824015524r.jpg) ![149 W Ridge Street - Photo 22](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3442916905r.jpg) ![149 W Ridge Street - Photo 23](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1581271543r.jpg) ![149 W Ridge Street - Photo 24](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3995718445r.jpg) ![149 W Ridge Street - Photo 25](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f723038013r.jpg) ![149 W Ridge Street - Photo 26](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1973418875r.jpg) ![149 W Ridge Street - Photo 27](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f309024893r.jpg) ![149 W Ridge Street - Photo 28](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1072694334r.jpg) ![149 W Ridge Street - Photo 29](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2878939593r.jpg) ![149 W Ridge Street - Photo 30](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2047428486r.jpg) ![149 W Ridge Street - Photo 31](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3394114652r.jpg) ![149 W Ridge Street - Photo 32](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3227897106r.jpg) ![149 W Ridge Street - Photo 33](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3207810409r.jpg) ![149 W Ridge Street - Photo 34](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1707641252r.jpg) ![149 W Ridge Street - Photo 35](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2727372206r.jpg) ![149 W Ridge Street - Photo 36](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3134499856r.jpg) ![149 W Ridge Street - Photo 37](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f804836537r.jpg) ![149 W Ridge Street - Photo 38](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f3097727448r.jpg) ![149 W Ridge Street - Photo 39](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f1189655504r.jpg) ![149 W Ridge Street - Photo 40](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2885013445r.jpg) ![149 W Ridge Street - Photo 41](http://lh.rdcpix.com/6e2711ff61db3a0ae10f7f1ec71f9f9bl-f2056737798r.jpg) --- **MLS#:** 786724 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/149-w-ridge-street-lansford-pa-18232-85ff8c02cff64f4d8a0710b7b47bad7e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/149-w-ridge-street-lansford-pa-18232-85ff8c02cff64f4d8a0710b7b47bad7e#listing", "url": "https://www.propertysimple.ai/listing/149-w-ridge-street-lansford-pa-18232-85ff8c02cff64f4d8a0710b7b47bad7e", "name": "149 W Ridge Street, Lansford, PA 18232", "description": "$75,000 GROSS INCOME | $60,578 NOI | 11.0% CAP RATE AT $550,000. This extensively renovated 5-unit multifamily asset combines strong current income, a highly rentable unit mix, attractive curb appeal, and more than $216,000 in documented improvements. The property includes two 3-bedroom units, two 2-bedroom units, and one 1-bedroom unit. All five apartments were substantially refreshed with repaired walls and ceilings, fresh neutral paint, mold-resistant coatings, subfloor repairs, durable wood-look flooring, updated kitchens with new cabinetry and countertops where required, renovated bathrooms with updated vanities, fixtures, mirrors, toilets, and tub surrounds, upgraded lighting and outlets, and replacement appliances where needed. The finished units are bright, clean, and highly marketable, offering generous room sizes, modern finishes, abundant natural light, and practical layouts designed to attract a broad tenant base. Common areas were also improved with fresh paint, durable wall finishes, stair safety upgrades, and added windows for natural light. Beyond the interiors, ownership addressed the expensive items investors worry about most. Major capital work included a complete roof tear-off and replacement, reinforcement of compromised framing from the basement through the third floor, engineer-stamped and city-approved structural repairs, rebuilt rear wall sections, installation of an air and moisture barrier, insulated vinyl siding, exterior painting, replacement energy-efficient windows, new fire-rated entry and apartment doors, upgraded locks and hardware, repaired stair framing, updated handrails and guardrails, electrical improvements, plumbing repairs, and a new interconnected 25-device smoke-detector system. The result is not a superficial flip, but a substantially improved income property with reduced deferred-maintenance risk and limited near-term capital exposure. The building presents with a clean, prominent residential appearance against a scenic hillside backdrop and includes five lined off-street parking spaces, public water and sewer, electric baseboard heat, separate apartment layouts, and low reported operating expenses. At the asking price, the property offers a projected 11% cap rate, immediate cash-flow potential, diversified rental income, and the long-term wealth-building advantages of owning a renovated multifamily asset rather than inheriting years of neglected capital work. 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