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Lansford,PA 18232
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $222
MLS Listing ID PACC2005166
Style Other
Abv Grd Liv Area 1,620
Originating Board BRIGHT
Year Built 1921
Annual Tax Amount $2,488
Tax Year 2017
Lot Size 2,614 Sqft
Acres 0.06
Property Description
This property has been completely renovated and will soon be occupied by year-to-year tenants with a conservative projected Gross of $49,200, $38,300 NET Income, and 10.5% CAP at the asking price. Owners have made a substantial financial investment into fully modernizing this 3-unit multi-family residence, renovations across all units including new windows, flooring, paint, electrical updates, new kitchens, cabinets, bathrooms, bedrooms, and updated appliances. The configuration includes two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Located in Carbon County, the property is conveniently close to highways and shopping centers. One of the owners is a RE agent Tenants are responsible for electricity and heat. NOTE—The owners are fond of this property but have decided to sell it because they live 1.5 hours away, presenting a great opportunity for the right buyer. The property can be bought individually or as a package with 30+ other units nearby including: 3UNIT - 755 E Broad St, Tamaqua; 9Unit - 110 W Ridge st, Lansford; 4Unit 424 E Broad St, Tamaqua, Lansford; 4Unit 157 W Ridge, Lansford. Show and go. Can be FHA at 6.25%financing, 5%down, 30YR fixed.
Location
State PA
County Carbon
Area Lansford Boro (13409)
Zoning R
Rooms
Basement Partial
Interior
Hot Water Oil,Electric
Heating Baseboard - Electric,Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Oil,Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block,Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Panther Valley
Middle Schools Panther Valley
High Schools Panther Valley Senior
School District Panther Valley
Others
Tax ID 122A3-22-M4.01
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard