Commercial Real Estate in 18232
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Lansford
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18232
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Lansford Portfolio
2 E Ridge & 301 E Bertsch St
Lansford, PA
Building Size:4,380SF
Take 476 North to 209 South towards Lansford: 2 E Ridge: Right on Spring Garden, left on Ridge, go to end of block 301 E Bertsch: 209 south to Lansford, left on Chestnut, building on left corner 2 E Ridge Street is located in the heart of the commercial district of Lansford. It’s situated on the corner of Tunnel and Ridge, the latter of which is the main commercial street. 301 E Bertsch is located on the corner of Chestnut and E Bertsch St in the heart of the downtown residential section of Lansford. This portfolio consists of 2 buildings and 10 total units. 9 of the units are residential and 1 commercial. The commercial unit has the potential to be converted into 2 apartments, bringing the total to 11 residential units. Both properties feature great rental history and the apartments are currently 100% occupied. With exceptionally low operating expenses and very minor upkeep needed this portfolio can be operated from near or far. Current rents are as much as 34% below market value, allowing the future owner to truly capitalize on their investment returns with little effort. A turn-key property and a great piece to start or add to an existing rental portfolio.
$339,900
2 E Ridge Street
2 E Ridge St
Lansford, PA
Lot Size:0.06Acres
Take 476 North to 209 South towards Lansford. Right on Spring Garden, left on Ridge, go to end of block. 2 E Ridge Street is located in the heart of the commercial district of Lansford. It’s situated on the corner of Tunnel and Ridge, the latter of which is the main commercial street. The building is a solid 3 story brick building with a long history of fully occupied units. The first floor commercial space has operated as a real estate office for many years. The residences above have been improved over the years to keep occupants and new tenants happy. 2 E Ridge Street is located across from the Borough Offices and next to shops, restaurants and local services. The commercial unit may be able to be split into an additional 2 residential units, bringing the total to 7 apartments. Current rents are below market value allowing the next owner to quickly improve on the net return of this investment. Tenants currently operate on short term leases allowing an investor a variety of options to reposition the property.
$239,900
748 East Patterson Street
748 E Patterson St
Lansford, PA
Lot Size:0.42Acres
$125,000
9 West Ridge Street
9 W Ridge St
Lansford, PA
$13,980
219 West Patterson Street
219 W Patterson St
Lansford, PA
Building Size:2,268SF
$34,900
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Market Stats
18232 does not have any spaces available for lease. 5 buildings are available for sale.
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