149 W Ridge Street, Lansford Boro, PA 18232 (MLS# 26-3657)


$600,000
149 W Ridge Street
Lansford Boro, PA 18232
MLS# 26-3657
5300 sqft


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Property Description
$78,600 gross income | $64,178 NOI | 10.70% cap rate at $600,000. Extensively renovated 5-unit property with two 3BR, two 2BR, and one 1BR unit generating $6,550/month. Over $216,000 in documented improvements, including roof, structural, electrical, plumbing, windows, siding, interiors, fire-safety upgrades, and 5 off-street parking spaces. At the asking price, the property has over 10% cap rate

Details
Maps
Listing Information
Limited Service: No
Current Price: $600,000
List Price: $600,000
List Date: 2026-07-23
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 100 Plus Yrs
Lot Size: 3120
Garage Stalls: 0
Garage Type: None
# Spaces off-Street: 8
Parking: On-Street
Property Sub Type: Multi Family
Aprx Total SF: 5300
Year Built: 1910
Location, Tax & Legal
Zoning: Apartment Residential
PIN #: 2
DB/Record Book: 1
Page: 2718/876
Total County Assmnt: 44144
Est County Tax: 752
Est Total Tax: 5257
Tax Year: 2025
House # (1): 149
Street Direction Pfx: W
Street Name: Ridge
Street Suffix: Street
City (Post Office): Lansford Boro
State/Province: PA
Zip Code: 18232
County: Carbon
MLS Area: Carbon County
School District: Panther Valley
Municipality: Lansford Boro
Develop/Subdivision: None
Remarks & Directions
Include: Take PA-145 N / MacArthur Rd toward Walnutport. Continue toward PA-248 W. Follow US-209 S toward
Hot Sheet Comment: new
Expenses
Annual Gross Income: 78600
Annual Electric Exp: 200
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 1200
Annual Sewer Exp: 1200
Annual Real Est Tax: 5257
Annual Fire/Liabilty: 3400
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 300
Annual Other Misc: 120
Total Annl Expenses: 14400
Anl Net Inc b/4 Debt: 64178
Heat Fuel Type
Electric: 1
Interior Finish
Drywall: 1
Heat Type
Electric Baseboard: 1
Condition
Excellent: 1
AC Type
Window Units: 1
Water
Public: 1
Exterior
Vinyl: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Hot Water Heater
Electric: 1
Basement
Concrete Floor: 1
Partial: 1
Unfinished: 1
MF Amenities
Deck: 1
Street Lights: 1
Appliances
# Ranges: 5
# Microwave: 5
Unit 1 Info
Unit #: 1
Approx SF: 1100
# Rooms: 6
Monthly Rent: 1275
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: N
Unit 2 Info
Unit #: 2
Approx SF: 1100
# Rooms: 5
Monthly Rent: 1425
# Bedrooms: 3
Kitchen Style: Semi-Modern
# Baths: 1
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: Y
Water in Rent: N
Sewer in Rent: N
Remarks Directions
Directions: Walnutport. Continue toward PA-248 W. Follow US-209 S toward Lehighton / Jim Thorpe / Nesquehoning. Continue into Lansford.Turn onto W Bertsch St and follow it to 149 W Ridge
Status Change Information
Status: Active
Property Features
Heat Fuel Type: Electric
Heat Type: Electric Baseboard
AC Type: Window Units
Condition: Excellent
Exterior: Vinyl
Roof: Comp Shingle
Interior Finish: Drywall
Water: Public
Sewer: Public
Hot Water Heater: Electric
Basement: Concrete Floor; Partial; Unfinished
MF Amenities: Deck; Street Lights

Listing Office: Steel City Realty
Listing Agent: Jennifer de Jesus

Last Updated: July - 24 - 2026

Information deemed reliable but not guaranteed.