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Sold for $460,000 on 12/22/23
  • $460,000

    48-50 W Ridge St, Lansford, PA 18232

    8beds
    2,500sqft
    Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $483,400 Zestimate®
    $184/sqft
    $1,116 Estimated rent

    What's special

    12%+ CAP @ asking, Projected $83,100 Gross Income, $70,836 Net Actual 71k gross 56k Net. The 48-50 E Ridge Apartments feature four residential units and two commercial storefronts including main street staple, Bruch Eye Care Associates. Multiple units have been renovated with some new appliances, fresh paint, new carpet, new hardwood, and new kitchens. There are three 2BR/1BA units and one spacious 1BR/1BA. This property has stunning curb appeal and is located next to a BRAND NEW St. Luke's Hospital Facility as well as many other main street businesses. This property can be purchased individually or along with 30 other units being sold by the same seller, including 106 Ridge (6 units), 9 Ridge (9 Units), 214 216 Ridge (4 Units), and three additional parcels.

    Zillow last checked: 7 hours ago

    Listing updated: December 22, 2023 at 06:30pm

    Listed by:

    Joshua Schoenberger,

    EXP Realty LLC

    Bought with:

    Joshua Schoenberger, RS341739

    EXP Realty LLC

    Source: GLVR,MLS#: 722203MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 3
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: 122A224B30
    • Zoning: commercial
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Stone, Vinyl Siding
    Condition
    • Unknown
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lansford
    • Subdivision: No Subdivision

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $483,400
    2% more+ $9,668
    With Zillow Showcase(estimated)
    $493,068