3 Units - Multiple Addresses,LANSFORD, PA 18232
LANSFORD, PA 18232
Description
Investor Portfolio Bundle - Three Income-Producing Residential Properties in Lansford, PA Portfolio Includes: 443 E. Abbott St. - 2-bedroom, 1-bath twin home | 980 SF | Currently rented for $900/month; 5 N. Walnut St. - 2-bedroom, 1-bath row home | 780 SF | Currently rented for $800/month; 362 W. Ridge St. - 3-bedroom, 1-bath twin home | 1,308 SF | Currently rented for $1,000/month Excellent opportunity to acquire a portfolio of three fully occupied residential investment properties in Lansford, PA. The portfolio currently generates $2,700 per month ($32,400 annually) in gross rental income. At the asking price of $199,900, this represents an exceptional 16.2% gross rental yield. Based on current rents and real estate taxes only, the portfolio produces an estimated 14.3% cap rate before insurance, maintenance, vacancy, and other operating expenses. All three units are occupied with month-to-month tenants, providing immediate cash flow while allowing flexibility for future rent adjustments or improvements. Tenants pay all utilities, including water, sewer, electric, and other utility costs, helping keep owner operating expenses low. These properties feature solid bones with potential through strategic renovations for future rent increases. Whether you're expanding an existing portfolio or purchasing your first investment property, this package offers immediate income with upside potential. Don't miss this opportunity to acquire three income-producing properties in one transaction!
Details
| MLS # | PACC2007964 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1900 |
| Days On Site | 70 |
| Listing Provided By | Bear Rock Realty LLC | Emily Catherine Schock |
Features
| SQ Feet | 3,068 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RESIDENTIAL |
| Acreage | 0.06 |
Interior
| Cooling | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Pellet Stove, Baseboard - Electric, Radiator |
| Appliances | Oven/Range - Electric |
Exterior
| Construction Materials | Vinyl Siding, Brick |
|---|---|
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3771 |
|---|
Area Information
| State | PA |
|---|---|
| County | CARBON PA |
| City | LANSFORD |
| Zip Code | 18232 |
| Area | Lansford Boro (13409) |
| Community Name | NONE AV AILBLE |
| School District | PANTHER VALLEY |
| Listing VS Median (in NONE AV AILBLE) | |
Price: $160,000 low | high Med: $112,500 sqft: 3,068 low | high Med: 1,268 $ / sqft: $52 low | high Med: $184 On site: 70 low | high Med: 57.5 | |
Market Activity 18232
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Learn More About This Property
| State | PA |
|---|---|
| County | CARBON PA |
| City | LANSFORD |
| Zip Code | 18232 |
| Area | Lansford Boro (13409) |
| Community Name | NONE AV AILBLE |
| School District | PANTHER VALLEY |
| Listing VS Median (in NONE AV AILBLE) | |
Price: $160,000 low | high Med: $112,500 sqft: 3,068 low | high Med: 1,268 $ / sqft: $52 low | high Med: $184 On site: 70 low | high Med: 57.5 | |
