35 East Ridge Street

Lansford, PA 18232

$350,000
Price
Beds
Baths
1,522 Sq. Ft.
$230 / Sq. Ft.
1,522
Sq. Ft.
$230
per Sq. Ft.

Description

5-unit investment property offering great income potential. Buildings feature a mix of unit layouts, appealing to a variety of tenants. Well-situated in a convenient location close to local amenities, it provides steady cash flow for investors. With a history of consistent occupancy and maintenance, this is a prime opportunity to expand your portfolio in a thriving rental market. Don’t miss out on this profitable property! Currently under professional property management.5-unit investment property offering great income potential. Buildings feature a mix of unit layouts, appealing to a variety of tenants. Well-situated in a convenient location close to local amenities, it provides steady cash flow for investors. With a history of consistent occupancy and maintenance, this is a prime opportunity to expand your portfolio in a thriving rental market. Don’t miss out on this profitable property! Currently under professional property management.
  1. Listed by Jennifer D. Strohl • Homeway Real Estate

Property Details for 35 East Ridge Street

Area
Lansford
Sub division
No Subdivision
LISTING UPDATED: 01/13/2025 10:28 AM

Property Details for 35 East Ridge Street

StatusAvailable
MLS #750786
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1900
CountyCarbon County

Building Information for 35 East Ridge Street

Building/Complex35 E Ridge StFloor-Stories2Residences5Pet Policy-Pet Policy Details-Year Built1900Building Size-

Property Information for 35 East Ridge Street

Summary
Location and General Information
  • Directions: PA-248 W, PA-443 W/Blakeslee Blvd Dr E, Mill Rd and Laurel Dr to E Ridge St in Lansford. Left on E Ridge.
  • School District: Panther Valley
Parking
  • Garage: Attached, Off & On Street
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $465.50
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 300
  • Municipal Taxes: $1,399.92
  • School Taxes: $2,452.90
Property
Lot Information
  • Acres: 0.08
  • APN: 122A2-24-C17
  • Lot Size Source: Tax Records
  • Zoning Code: COMM
Property and Assessments
  • County Assessment: $38,000.00
  • Features: Balcony, Fire Escape
  • Property SubType Category: Apartment Style, Converted
  • Square Footage Source: Tax Records
  • Technology: Cable
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Ceiling Fans, No Air, Window ACs
  • Electric: 50
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Stucco, Vinyl
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Electric, Oil
Multi Family
Multi-Family Information
  • Gross Income: $43,200.00
  • Insurance: $2,500
  • Net Income: $32,200.00
  • Operating Expense: $10,000
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 5
  • Total Units: 5

Property History for 35 East Ridge Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 35 East Ridge Street

Taxable ValueLand$4,300Additions$33,700Total$38,000
Tax Record2024$4,347 ($362 / month)
Home Facts
Baths1Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories2Lot Size3,900 SqFtStyleMiscellaneous CommercialYear Built1901CountyCARBONAPN122A2-24-C17

Schools near 35 East Ridge Street

This home is within Panther Valley School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 12
Private - PK to 8
Rating
School
Distance
Panther Valley El School
PublicK to 3

Panther Valley Intermediate School
Public4 to 6

Panther Valley Junior-Senior High School
Public7 to 12

Our Lady Of The Angels Academy
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

35 East Ridge Street is a multi-family home for sale in Lansford, PA 18232. This property was listed for sale on January 13, 2025 by Homeway Real Estate, it's currently listed at $350,000. It has been on the market for a total of 40 days and was last sold on June 14, 2024. This listing's school district is Panther Valley School District. Nearby schools include Panther Valley El School, Panther Valley Intermediate School and Panther Valley Junior-Senior High School. 35 East Ridge Street is a 0-bed, 0-bath, 1,522 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homeway Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.