For Sale
For Sale
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Overview
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.
Property Details
Lansford Portfolio
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.
- Property TypeMulti-Family
- Sale Price$339,900
- Total Building Size4,380RSF
- Sale StatusAvailable
- Property ID2133663