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214-216 W Ridge St 4 Unit Apartment Building $395,000 ($98,750/Unit) 8.34% Cap Rate Lansford, PA 18232



Executive Summary
Fully Occupied 4-Unit Investment Property in Lansford, PA Excellent opportunity to own a fully leased 4-unit multifamily property in Lansford. This income-producing asset offers stable rental income with tenants responsible for all utilities, keeping operating expenses low for the owner. A great addition to any investment portfolio for those seeking strong cash flow and low overhead in a reliable rental market.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $98,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 8.34% | Building Size | 2,176 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Price | $395,000 |
| Price Per Unit | $98,750 |
| Sale Type | Investment |
| Cap Rate | 8.34% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,176 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | 122A1-25-C15.01 | Improvements Assessment | $62,350 |
| Land Assessment | $4,250 | Total Assessment | $66,600 |
Property Taxes
Parcel Number
122A1-25-C15.01
Land Assessment
$4,250
Improvements Assessment
$62,350
Total Assessment
$66,600
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214-216 W Ridge St
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