Fully occupied five-unit investment property generating $45,600 in gross income and $31,070 in net income. The asset offers a strong value-add opportunity in the growing Lansford market, with stable in-place income and clear upside upon stabilization.
Tenants are responsible for their own electric and heat, while landlord responsibilities are limited to water/sewer and trash, creating a simple and efficient structure for new owner.
The property also features a roof that is only two years old, helping reduce near-term capital concerns. Additional value is supported by a six-car garage, offering potential for added rental income and improved overall cash flow.
With full occupancy, low landlord utility exposure, garage income potential, and a growing rental location, this property is well suited for investors seeking a value-add multifamily asset with the opportunity to become a strong cash-flowing investment upon stabilization.
For sale
$349,000
35 E Ridge St, Lansford, PA 18232
5beds
--sqft
Multi Family, Apartment
Built in 1914
-- sqft lot
$337,800 Zestimate®
$--/sqft
$-- HOA
What's special
Six-car garage
- 99 days
- 113
- 5
Zillow last checked:
Listing updated:
Listed by:
Akinlana Popoola 610-735-6082,
EXP Realty LLC 888-397-7352
Source: GLVR,MLS#: 777054
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard
Cooling
- None, Wall/Window Unit(s)
Property
Parking
- Total spaces: 6
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 122A224C17
- Zoning: C
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Lansford
Financial & listing details
- Tax assessed value: $44,732
- Annual tax amount: $5,327
- Date on market: 6/9/2026
Estimated market value
$337,800
$318,000 - $355,000
$961/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $349,000-0.3% |
Source: | ||
| 2/26/2025 | Listing removed | $350,000 |
Source: | ||
| 1/13/2025 | Listed for sale | $350,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




