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$600,000
11 Beds
- 5 Baths
5 full baths
5,300sqft
149 W Ridge St, Lansford Boro, PA 18232
$600,000
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Apartment
Built in 1929
$-- HOA
3,120 sqft lot
$113/sq.ft
Description
$78,600 GROSS INCOME | $64,178 NOI | 10.70% CAP RATE AT $600,000. 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, producing total monthly rents of $6,550. 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, mi...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1929
HOA Fees
-
Finished Area
5,300 sqft
Lot Size
3,120 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
780415
MLS Status
Active
Days on Market
9
Cumulative Days on Market
1
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