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

149 W Ridge Street, Lansford Boro, PA 18232

New Listing

$600,000

Property Type: Residential Income Square Footage: 5,300 Status: Active

Current Price: $600,000 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

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

Listing Details MLS# 26-3657

Location, Tax & Legal

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
Zoning: Apartment Residential
PIN #: 2
DB/Record Book: Yes
Page: 2718/876
Total County Assmnt: 44144
Est County Tax: 752
Est Total Tax: 5257
Tax Year: 2025

Listing Information

Limited Service: No

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 5300
Year Built: 1910
Est Age Range: 100 Plus Yrs
Garage Type: None
# Spaces off-Street: 8
Parking: On-Street
Garage Stalls: No

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

Expenses

Annual Gross Income: 78600
Annual Electric Exp: 200
Annual Water Exp: 1200
Annual Sewer Exp: 1200
Annual Real Est Tax: 5257
Annual Fire/Liabilty: 3400
Annual Snow Removal: 300
Annual Other Misc: 120
Total Annl Expenses: 14400
Anl Net Inc b/4 Debt: 64178
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Flood Ins: 0
Annual Lawn Maint.: 0

More Information

Appliances

# Ranges: 5
# Microwave: 5

Unit 1 Info

Unit #: Yes
Approx SF: 1100
# Rooms: 6
Monthly Rent: 1275
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
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: Yes
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

Include: Take PA-145 N / MacArthur Rd toward Walnutport. Continue toward PA-248 W. Follow US-209 S toward
Hot Sheet Comment: new

Heat Fuel Type

Electric: Yes

Interior Finish

Drywall: Yes

Heat Type

Electric Baseboard: Yes

Condition

Excellent: Yes

AC Type

Window Units: Yes

Water

Public: Yes

Exterior

Vinyl: Yes

Sewer

Public: Yes

Roof

Comp Shingle: Yes

Hot Water Heater

Electric: Yes

Basement

Concrete Floor: Yes
Partial: Yes
Unfinished: Yes

MF Amenities

Deck: Yes
Street Lights: Yes

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.

One home for you!

MLS Listing