110 W Ridge St Portfolio Unit Portfolio, Lansford Borough, PA 18232
Property details
About 110 W Ridge St Portfolio
HALF A MILLION in Renovations for this Stunning 9-unit multi-family portfolio including 3 Parcels, full reno on most units and bringing home $126,300 Gross Income and $107,772 Net Income, and a solid 10% CAP with 20% Cash On Cash @ asking. The owners proudly invested over $500K+ to completely rehab & update new bathrooms, vanities, lighting, hardwood flooring, new carpet, New kitchens, appliances, paint, refinished & new cabinets, & some granite countertops in the kitchens, and a BRAND NEW facade that give major curb appeal and brings light to the community. Other upgrades include a refinished rear deck & balconies, 25+ new windows, new electrical work, new plumbing & new water heaters. These properties have mountain views, stunning curb appeal, a brand-new facade, & a new roof. It’s next to a brand-new St. Luke's Hospital & many other Main Street businesses. The property is sold with a clear Certificate of Occupancy & new rental permits issued by the city. 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 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. MOST COMPS in the area are appraising between $120 and $175K per unit with the town expanding with employment demand. This is a recession-proof asset that will mint you money.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 9
- Total Bedroom Count: 12
- Parking: Off Street, On Street
- Heating: Baseboard
- Cooling: Wall Unit(s)
- List Price: $1,075,000
- Price/SqFt: $113
- Directions: Turn right onto US-209 N/E Broad St Continue to follow US-209 N 4.9 mi Turn left onto Coal St 213 ft Turn right onto W Ridge St
- Year Built: 1970
- Stories: 3
- Living Area: 9,500 SqFt
- Lot Size: 0.071 Acres
- MLS Number: 754171
- MLS Name: HIGH
- Office Name: EXP Realty LLC
- Office Phone: (888) 397-7352
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Last updated on: 4/29/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,075,000
110 W Ridge St Portfolio
$10,000
closing credit¹
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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. The most common annual income of people living in Unit Portfolio, Lansford Borough, PA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area 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 Portfolio
The listing price of 110 W Ridge St Portfolio property is $1,075,000.
The property 110 W Ridge St Portfolio is a condo located in Unit Portfolio, Lansford Borough, Pennsylvania, 18232.
Active Listing: 110 W Ridge St Portfolio is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 110 W Ridge St Portfolio 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 Portfolio has 12 bedrooms and 9 full and 1 half bathrooms.
The property 110 W Ridge St Portfolio is 9,500 SqFt (source: MLS/tax record).
The year of construction for 110 W Ridge St Portfolio is 1970.
This home is located at 110 W Ridge St Portfolio in Unit Portfolio, Lansford Borough, 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 March 20, 2025 and is currently priced at $1,075,000.
In March 2025 more than 2 listings in Unit Portfolio, Lansford Borough, PA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. In March 2025 in Unit Portfolio, Lansford Borough, PA there were 22.7% more homes for sale than in February. Listings spent 43 days on the market in March 2025, and had a median list price of $84,500 during the same period.