Details
$470K Gross, $406K Net, ~11% CAP at asking. Own the city with this cash-flowing multi-family portfolio including 6 buildings & 31 total units. MUST SEE PHOTOS. There are 24 residential units, 6 commercial storefronts, & 1 garage storage. There are 8 3BR/1BA units, 11 2BR/1BA units & 5 1BR/1BA units. The majority of the units are completely renovated with all luxury upgrades including NEW hardwood flooring, NEW carpets, Fresh paint, most modern kitchens & SS appliances, custom countertops, NEW PEX plumbing, NEW electrical, ALL NEW energy-efficient WINDOWS, & completely NEW ROOF. Commercial units have 11' - 14' ceilings. Some of the units are being remodeled in preparation for sale, the ones that are not renovated are tenants that were inherited with the initial purchase of the properties. 4 buildings in Lansford PA: 106 - 108 W Ridge ST, 9 - 11 W Ridge St, 214 - 216 W Ridge St, & 48 - 50 W Ridge St. The 5th & 6th buildings are located at 4025 - 4029 Main St, Slatedale, PA.