3 Units - Multiple Addresses, Lansford, PA 18232

$199,900
3,068
SqFt

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List Price
$199,900
Days on Market
5
Status
ACTIVE
MLS#
PACC2007964
Living Area
3,068
Lot Size (Acres)
0.06
Style
Traditional
Year Built
1900
County
Carbon
School District
Panther Valley

Property Description

Investor Portfolio Bundle – Three Income-Producing Residential Properties in Lansford, PA Portfolio Includes: 443 E. Abbott St. – 2-bedroom, 1-bath twin home | 980 SF | Currently rented for $900/month; 5 N. Walnut St. – 2-bedroom, 1-bath row home | 780 SF | Currently rented for $800/month; 362 W. Ridge St. – 3-bedroom, 1-bath twin home | 1,308 SF | Currently rented for $1,000/month Excellent opportunity to acquire a portfolio of three fully occupied residential investment properties in Lansford, PA. The portfolio currently generates $2,700 per month ($32,400 annually) in gross rental income. At the asking price of $199,900, this represents an exceptional 16.2% gross rental yield. Based on current rents and real estate taxes only, the portfolio produces an estimated 14.3% cap rate before insurance, maintenance, vacancy, and other operating expenses. All three units are occupied with month-to-month tenants, providing immediate cash flow while allowing flexibility for future rent adjustments or improvements. Tenants pay all utilities, including water, sewer, electric, and other utility costs, helping keep owner operating expenses low. These properties feature solid bones with potential through strategic renovations for future rent increases. Whether you're expanding an existing portfolio or purchasing your first investment property, this package offers immediate income with upside potential. Don't miss this opportunity to acquire three income-producing properties in one transaction!

Additional Information

Area
Lansford Boro (13409)
Subdivision
None Av Ailble
Taxes
$3771
School District
Panther Valley
Heating
Pellet Stove, Baseboard - Electric, Radiator
Heating Fuel
Pellets, Oil, Electric
Cooling
Ceiling Fan(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Bear Rock Realty LLC. Contact: