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About This Home
This 5-bedroom, 5-bathroom multi-family at 35 E Ridge Street in Lansford, PA is listed for $349,000. Built in 1914, on a 0.09 acres lot.
Fully occupied five-unit investment property generating $45,600 in gross income and $31,070 in net income. The asset offers a strong value-add opportunity in the growing Lansford market, with stable in-place income and clear upside upon stabilization.
Tenants are responsible for their own electric and heat, while landlord responsibilities are limited to water/sewer and trash, creating a simple and efficient structure for new owner. The property also features a roof that is only two years old, helping reduce near-term capital concerns.
Additional value is supported by a six-car garage, offering potential for added rental income and improved overall cash flow. With full occupancy, low landlord utility exposure, garage income potential, and a growing rental location, this property is well suited for investors seeking a value-add multifamily asset with the opportunity to become a strong cash-flowing investment upon stabilization.
Key Features
- Built in 1914
- 0.09 acre lot
- 2 stories
- 6 parking spaces
Property Details
Monthly Cost Estimate
$1,867/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
35 E Ridge Street
Lansford, PA 18232
Not in Development
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 5-bathroom multi-family at 35 E Ridge Street is listed at $349,000. The estimated monthly payment is $1,512 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.09 acre lot, 2 stories, 6 parking spaces.
This property is listed by Akinlana Popoola and can be reached at (412) 925-5551 or popoola.akin06@gmail.com.
