$1,075,000
12 beds • 9.5 baths • 9,500 sqft
#754171, Listing Office: EXP Realty LLC
Unique opportunity to own a “solid as a fortress” mixed-use building in the heart of Lansford’s business district, totally renovated as a desirable boutique sanctuary of 3 enormous oversized apartment homes for discerning residents who value urbane living aesthetics rarely found in this region. High ceilings, abundant natural light, elegant kitchens/baths in a quiet location. Secluded resident-only courtyard for outdoor relaxing/barbecuing. Separate electric for low landlord maintenance costs. Common areas/exterior lighting low cost LED, all on sensors. New coin-op washer/dryer. The commercial space consists of 2 garages on lower level (1183sf) in 2 separated bays with 2 separate doors that can accommodate at least 4+ vehicles, in addition to a workshop/office area (546 sf) - with separate electric and 1/2 bath. Price improved for a 10.6% un-leveraged cap rate for a turn-key ownership experience as a safe-haven investment during this period of market turbulence and uncertainty. Property is being actively marketed with 4 rental units, with conservative underwriting/assessment of tenant qualifications. 3 b/r now leased at $1,550/month to highly qualified tenant. Remember: people, especially those who value a quality home, always need a place to live, and housing expense has historically been a priority even in the most chaotic of economic conditions.
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Last updated on: 4/10/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
25 W Ridge St
$5,343
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2
Panther Valley Elementary School
Public District KG-5
4.5 mi
•1 N Mermon Ave
3
Tamaqua Elementary School
Public District KG-5
5.1 mi
•Boyle Ave
6
West Penn Township Elementary School
Public District KG-5
5.8 mi
•185 School Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
The neighbors living near this home have an average income of $30,455. The most common annual income of people living in Lansford Borough, PA is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 25 W Ridge St in Lansford Borough, PA and zip code 18232. This 4,093 square foot home sits on a 0.11 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $449,900.
Over 2 listings were sold over their listed price in March 2025 in Lansford Borough, PA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Lansford Borough, PA increased by 22.7% between February and March 2025. While the average time on the market in March 2025 was 43 days, the median list price was $84,500.