247 E Ridge St, Lansford, PA 18232
247 E Ridge St, Lansford, PA 18232
247 E Ridge St, Lansford, PA 18232
PENDING

247 E Ridge St
Lansford, PA 18232

Local Information

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Description

$43,500 Gross, $28,844 Net, 8.2% Cap @ $360,000 asking. Projected income can easily go over $50,000 by raising the rents. There are 5 (five), 1 (one) bedroom apartments, and 1 (one) 3 bedroom apartment. Expand your real estate portfolio with a cash flowing and value add property. Priced to sell and the same seller has 16 more units nearby. Buy this along with MLS #'s 681001, 680997, 680993, 676788 and 679571#'s all for $1,255,000. Buy them all with a built-in property manager. If you are looking for a value-add project to complete and refinance out of, this is the one.

Home Details for 247 E Ridge St

Year Built
1900
Parking
None
Price/Sqft
$386
HOA
None
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
No Info

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 920 Square Feet
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: No AirHas Heating
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Parking & Garage
No CarportNo GarageParking Spaces: 6Parking: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 57

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Brick
Property Information
Parcel Number: 122A322A30

Price & Status

Price
Price Per Sqft: $386

Active Status

MLS Status: Under Agreement

Location

Direction & Address
Community: No Subdivision
School Information
Elementary School District: Panther ValleyJr High / Middle School District: Panther ValleyHigh School District: Panther Valley

Agent Information

Listing Agent
MLS/Source ID: 680997

Building

Building Area
Building Area: 920 Square Feet

HOA

Association for this Listing: Lehigh Valley MLS

Lot Information

Lot Area: 3484.8 Square Feet

Offer

Listing Terms: Cash, Conventional

Tax Information

Annual Tax Amount: $5,038

Rental

Lease Term: 1 + Year
Last check for updates: about 18 hours ago
Listing courtesy of James J. Reardon
EXP Realty LLC, (888) 397-7352
Originating MLS: Lehigh Valley MLS
Source: GLVR, MLS#680997

Price History for 247 E Ridge St

Event DetailsPrice
11/19/2021
Pending
GLVR #680997
$355K

10/17/2021
PriceChange
GLVR #680997
$355K

10/04/2021
Listed For Sale
GLVR #680997
$360K

Similar Homes You May Like

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Price Trends

For homes in 18232
$60,422
Typical home value
This home: $355,000 83% above
$43
Typical Home Value by sqft
This home: $386 89% above
Price trends provided by third party data sources.

What Locals Say about Lansford

  • Trulia User
    "there are not many grassy areas to walk your dog, only on the sidewalks. many dogs in the neighborhood are not friendly."
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  • Trulia User
    "The only community events that goes on in Lansford is the Infamous Sports Zoo Bar. They have Zoofest and also the coal mine no.9 down the street from the bar holds events throughout the year"
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  • Trulia User
    "The only transportation I know in this town is for senior citizens and your own personal vehicle. I’ve never seen a local bus, there are no trains here, and there’s no bike shop without walking a few miles to Tamaqua. I only see people riding their own personal bicycles or driving their own vehicles."
    2
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  • Trulia User
    "There’s a meth house on almost every block. Very little jobs, Over all town appearance is very low. Nothing for kids or teenagers to do. "
    4
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  • Trulia User
    "Is a small quiet area, the neighbors are friendly.There are no store around except for a family dollar."
    7
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  • Trulia User
    "this neighborhood is a trash can, there's people coming in from the city's selling drugs,and there's nothing here, if u dont live hear then dont move hear. "
    11
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LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
247 E Ridge St, Lansford, PA 18232 is a 8 bedroom, 6 bathroom, 920 sqft multi-family built in 1900. This property is currently available for sale and was listed by GLVR on Oct 3, 2021. The MLS # for this home is MLS# 680997.