110 W Ridge St Lansford Boro, PA 18232
Property details
About 110 W Ridge St
$125700K Gross, $87344K Net, 9% CAP, 20% Cash On Cash @ asking. The owners proudly invested over $300K+ to completely rehab & update this cash-flowing, turnkey 9-unit multi-family portfolio, including 110, 112, & 114 W Ridge. These properties have mountain views, stunning curb appeal, a brand-new facade, & a new roof. It’s located next to a brand-new St. Luke's Hospital & many other Main Street businesses. Renovations include mostly new bathrooms, flooring, kitchens, appliances, paint, refinished & new cabinets, & some granite countertops in the kitchens. The property is sold with a clear Certificate of Occupancy & new rental permits issued by the city. Other upgrades include a refinished rear deck & balconies, 25+ new windows, new electrical work, & new water heaters. There are six large 1BR/1BA units, one large 2BR/1BA unit with a deck in the rear, & one enormous, 2-story 4BR/2BA unit with a deck in the rear, plus a veteran-run, long-standing barbershop. All tenants are brand new, clean, & friendly & have 1-year leases. The property is minutes from highways & shopping & is near a police station & a church. Note: The owners love this property but live 1.5hrs away, & due to the distance, they are selling to a lucky buyer. The ownership group lists over 15 multi-family units in addition to this property. Gross projections are $140K+ with 18.8% cash on cash. The owner can fill units or will pay for 1 Month's rent if the unit is vacant at the time of sale. seller is RE agent.
Highlights
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 9
- Total Bedroom Count: 12
- Parking: On Street
- Heating: Baseboard
- Cooling: Wall Unit(s)
- List Price: $985,000
- Price/SqFt: $103
- Directions: Follow US-22 W and I-476 N to US-209 S in Franklin Township. Take exit 74 from I-476 N 33 min (33.5 mi) ? Continue on US-209 S. Take PA-443 W, Mill Rd and Laurel Dr to E Ridge St in Lansford
- Year Built: 1970
- Stories: 3
- Living Area: 9,500 SqFt
- Lot Size: 0.071 Acres
- MLS Number: 745068
- MLS Name: HIGH
- Office Name: EXP Realty LLC
- Office Phone: (888) 397-7352
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Price information
Property sales
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Tax history
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Nearby schools
2
Panther Valley Elementary School
Public District KG-5
4.6 mi
•1 N Mermon Ave
3
Tamaqua Elementary School
Public District KG-5
5.0 mi
•Boyle Ave
6
West Penn Township Elementary School
Public District KG-5
5.7 mi
•185 School Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,970. Residents of Lansford Boro, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Stein Mart
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Cracker Barrel
What do the neighbors drive?
Chevrolet
Buick
Ram
What do the neighbors listen to?
Country
Oldies
Adult Standards
Frequently asked questions
About 110 W Ridge St
The listing price of 110 W Ridge St property is $985,000.
The property 110 W Ridge St is a condo located in Lansford Boro, Pennsylvania, 18232.
Active Listing: 110 W Ridge St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 110 W Ridge St are: Panther Valley Elementary School (GreatSchools Rating 2/10), Tamaqua Elementary School (GreatSchools Rating 3/10), West Penn Township Elementary School (GreatSchools Rating 6/10), Panther Valley Intermediate School (GreatSchools Rating 4/10), Tamaqua Area Middle School (GreatSchools Rating 4/10), McAdoo Kelayres Elementary/Middle School (GreatSchools Rating 4/10), Panther Valley Jr/Sr High School (GreatSchools Rating 3/10), Tamaqua Area Sr High School (GreatSchools Rating 6/10), Weatherly Area High School (GreatSchools Rating 5/10).
The property at 110 W Ridge St has 12 bedrooms and 9 full and 1 half bathrooms.
The property 110 W Ridge St is 9,500 SqFt (source: MLS/tax record).
The year of construction for 110 W Ridge St is 1970.
This home is located at 110 W Ridge St in Lansford Boro, PA and zip code 18232. This 9,500 square foot home, which was built in 1970, sits on a 0.07 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $985,000.
Over 3 listings were sold over their listed price in June 2025 in Lansford Boro, PA. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Lansford Boro, PA decreased by 27.5% between May and June 2025. Listings spent 64 days on the market in June 2025, and had a median list price of $79,500 during the same period.