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304 E Kline Ave - Duplex in Lansford 2 Unit Apartment Building Offered at $185,000 at a 10.65% Cap Rate Lansford, PA 18232
Investment Highlights
- All utilities separated.
- Possibly subdivide and sell separately.
- Both sides of this duplex
Executive Summary
Great opportunity to own both sides of a fully rented duplex in Lansford. This income-producing property offers strong cash flow with tenants paying all utilities, keeping owner expenses low. A solid addition to any investment portfolio with minimal overhead and steady rental income. Perfect for investors seeking a straightforward, cash-flowing asset.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$23,700
|
$15.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$23,700
|
$15.80
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,991
|
$2.66
|
| Net Operating Income |
$19,709
|
$13.14
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $23,700 |
| Annual Per SF | $15.80 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $23,700 |
| Annual Per SF | $15.80 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,991 |
| Annual Per SF | $2.66 |
| Net Operating Income | |
|---|---|
| Annual | $19,709 |
| Annual Per SF | $13.14 |
Property Facts
| Price | $185,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $92,500 | Building Size | 1,500 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 10.65% | No. Stories | 2 |
| No. Units | 2 | Year Built | 1896 |
| Property Type | Multifamily |
| Price | $185,000 |
| Price Per Unit | $92,500 |
| Sale Type | Investment |
| Cap Rate | 10.65% |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Building Size | 1,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1896 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 122A3-22-N3 | Improvements Assessment | $8,950 |
| Land Assessment | $4,050 | Total Assessment | $13,000 |
Property Taxes
Parcel Number
122A3-22-N3
Land Assessment
$4,050
Improvements Assessment
$8,950
Total Assessment
$13,000
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304 E Kline Ave - Duplex in Lansford
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