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110 West Ridge Street #Portfolio, 
Lansford Borough, PA 18232

$1,050,000


12

Beds


10

Baths


9,500

Sq Ft


Multi-Family

Active

Listed by

Joshua Schoenberger

eXp Realty LLC.

Last updated:

June 4, 2025, 01:02 PM

MLS#

754171

Source:

PA LVAR

About This Home

110 West Ridge Street #Portfolio

HALF A MILLION in Renovations for this Stunning 9-unit multi-family portfolio, including 3 Parcels, full reno on most units and bringing home $127,800 Gross Income and $109,272 Net Income, and a solid 10.4% CAP with Strong Cash On Cash with average financing terms. The owners proudly invested over $500K+ to completely rehab & update new bathrooms, vanities, lighting, hardwood flooring, new carpet, New kitchens, appliances, paint, refinished & new cabinets, & some granite countertops in the kitchens, and a BRAND NEW facade that give major curb appeal and brings light to the community. Other upgrades include a refinished rear deck & balconies, 25+ new windows, new electrical work, new plumbing & new water heaters. These properties have mountain views, stunning curb appeal, a brand-new facade, & a new roof. It’s next to a brand-new St. Luke's Hospital & many other Main Street businesses. The property is sold with a clear Certificate of Occupancy & new rental permits issued by the city. There are six large 1BR/1BA units, one large 2BR/1BA unit with a deck in the rear, & one enormous, 2-story 4BR/2BA unit with a deck in the rear, plus a veteran-run barbershop. All tenants are brand new, clean, & friendly & have 1-year leases. The property is minutes from highways & shopping & is near a police station & a church. MOST COMPS in the area are appraising between $120 - $175K/unit with the town expanding with employment demand. This is a recession-proof asset that will mint you money.

Home Facts

Multi-Family

10 Baths

12 Bedrooms

Built in 1970

Price Summary

1,050,000

$110 per Sq. Ft.

MLS #:

754171

Last Updated:

June 4, 2025, 01:02 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

9

Interior

Living Area:

9,500 Sq. Ft.


Structure

Structure

Building Area:

9,500 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

3,100


Finances & Disclosures

Finances

Price:

$1,050,000

Price per Sq. Ft:

$110 per Sq. Ft.

Source:PA LVAR
The information being provided by Lehigh Valley Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Lehigh Valley Association of Realtors All rights reserved.

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