$309,900
 $1,664 est/mo Sourced by Back At You

309-311 E E Ridge Street,Lansford, PA 18232

Lansford, PA 18232

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Description

Turnkey Investment Opportunity in Lansford, PA! Don't miss this recently renovated triplex offering strong cash flow potential with a projected 10% cap rate. Whether you're looking to expand your portfolio or secure your first multifamily investment, this property delivers a compelling combination of updated condition, and income producing potential. The building features three spacious units consisting of two 3 bedroom, 1 bath apartments and one 2 bedroom, 1 bath apartment, providing flexibility for a diverse tenant base. Residents enjoy access to a shared laundry area located on the lower level, adding convenience and additional appeal. Recent renovations help minimize immediate capital expenditures, while the durable metal roof offers long term peace of mind and reduced maintenance concerns. The property also includes valuable off street parking. Conveniently located in Lansford, Pennsylvania, this income producing asset is positioned in an affordable rental market with strong demand for quality housing. Whether you're seeking steady cash flow, long term appreciation potential, or a value add investment already performing, this triplex checks all the boxes. Schedule your showing today and see why this turnkey multifamily property is an excellent addition to any real estate portfolio.

Details

MLS #PM-142016
Listing TypeFor Sale
StyleTriplex
Sub-TypeResale
StatusActive
Year1920
Days On Site132
Listing Provided ByBear Mountain Real Estate LLC | Michael Mulderig

Features

SQ Feet3,776
Story(s)3
Units3
ZoningMulti-Family
Acreage0.05

Parking

Open Parking Yes / NoYes

Taxes

Tax Book Number2727/924 202207171
Tax Annual Amount2778.72

Area Information

StatePA
CountyCarbon
CityLansford
Zip Code18232
AreaCarbon
Listing VS Median (in 18232)
Price:
$309,900
low | high
Med:
$149,900
100% of Average
sqft:
3,776
low | high
Med:
2,800
75.847457627119% of Average
$ / sqft:
$82
low | high
Med:
$54
84.769003826119% of Average
On site:
132
low | high
Med:
47
100% of Average
Sourced by Back At You

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Learn More About This Property

StatePA
CountyCarbon
CityLansford
Zip Code18232
AreaCarbon
Listing VS Median (in 18232)
Price:
$309,900
low | high
Med:
$149,900
100% of Average
sqft:
3,776
low | high
Med:
2,800
75.847457627119% of Average
$ / sqft:
$82
low | high
Med:
$54
84.769003826119% of Average
On site:
132
low | high
Med:
47
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $232K - $387K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
200-202 W BERTSCH ST Property Photo 1
$299,000
200-202 W Bertsch St
Lansford, PA 18232
533 E Patterson Street Property Photo 1
$239,000
533 E Patterson Street
Lansford, PA 18232
Listing Updated: October 6, 2026 at 11:42:14 AM PDT