$121,527*
●
Multifamily -
Off Market
46 West Ridge Street
Lansford, PA 18232
Studio
0 Bath
2976 Sqft
$80,000 - $90,000
Reference Base Price*
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Great opportunity!!! Get your hand on this money maker before its
gone! 2976 sqft building located in the heart of Lansford.
Presently used as a liquor Store. The State leases the store from
owner for $1,300. The landlord pays $4275 yearly in taxes, $677
yearly in insurance, $238 yearly for snow removal, and $180 a year
in heater maintenance total expenses $5370. Gross income is $15,600
yearly with net income being $10,230. Solid building. Seller can
owner finance for acceptable buyer. Cap rate over 10% despite no
rent increase in years. Lease amount should be $1600 plus from
State.
The manager has listed the unit size as 2976 square feet.
The manager has listed the unit size as 2976 square feet.
Unit Size
2,976Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$30
Property Type
Multifamily
Property Taxes
$4,275
HOA Dues
-
Year Built
1895
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2022 | Sold | $80,000 | |
| Sold | |||
| Sep 12, 2020 | No longer available | - | |
| No longer available | |||
| Jan 15, 2020 | Listed | $89,900 | |
| Listed | |||
Property Highlights
Air Conditioning
46 West Ridge Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
2
Baths
2,476 ft²
$41/ft²
$102,000
Feb 19, 2024
$102,000
Mar 25, 2024
$163/mo
House
3
Beds
1
Bath
1,512 ft²
$59/ft²
$89,000
Feb 19, 2024
$89,000
Mar 7, 2024
$126/mo
Sold
House
4
Beds
1
Bath
1,338 ft²
$67/ft²
$89,000
May 31, 2023
$89,000
Dec 8, 2023
$120/mo
House
3
Beds
1
Bath
1,218 ft²
$78/ft²
$95,000
Jul 3, 2023
$95,000
Aug 25, 2023
$119/mo
Active
House
7
Beds
3
Baths
2,772 ft²
$36/ft²
$99,900
Mar 21, 2024
-
$229/mo
Active
Townhouse
2
Beds
1
Bath
1,829 ft²
$41/ft²
$74,900
Jan 16, 2024
-
$124/mo
Active
Townhouse
2
Beds
1
Bath
1,429 ft²
$52/ft²
$74,900
Jan 16, 2024
-
$124/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/13/2021
|
|
Loft
|
-
|
2976 ft²
|
$159,900
Loft
-
2976 ft²
|
-
-
|
-
|
Jeffrey D. Torchia
Preferred Properties Plus
|
|
01/15/2020
|
|
Studio
|
-
|
2976 ft²
|
$89,900
Studio
-
2976 ft²
|
-
-
|
-
|
-
|
|
11/16/2018
|
|
Studio
|
-
|
2976 ft²
|
$99,900
Studio
-
2976 ft²
|
-
-
|
-
|
-
|
Building Info
