Log In/Sign Up
Your email has been sent.
214-216 W Ridge St 4 Unit Apartment Building $375,000 ($93,750/Unit) 8.79% Cap Rate Lansford, PA 18232
Executive Summary
4-Unit Investment Property in Lansford, PA with BRAND-NEW turned over unit. This income-producing asset offers stable rental income with tenants responsible for all utilities, keeping operating expenses low for the owner. One of the units has an opportunity to add additional bedrooms on a second floor for more income. A great addition to any investment portfolio for those seeking strong cash flow and low overhead in a reliable rental market.
Financial Summary (Pro Forma - 2026) 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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) 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 | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts In Escrow
| Price | $375,000 | Apartment Style | Low-Rise |
| Price Per Unit | $93,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 8.79% | Building Size | 2,176 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Price | $375,000 |
| Price Per Unit | $93,750 |
| Sale Type | Investment |
| Cap Rate | 8.79% |
| 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 | 75% |
| No. Stories | 2 |
| Year Built | 1900 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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
1 of 44
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
214-216 W Ridge St