1 month on rocket

110 W Ridge St, Lansford Borough, PA, 18232

$1,097,500

Home List Price

$10,000*

Closing Credit

12 Bedrooms
9 Full Baths, 1 Partial
9,500 SqFt
$116/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

110 W Ridge St, Lansford$1,097,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1970
HeatingBaseboard
CoolingWall Unit(s)
MLS #745068
Lot Size0.07 Acres
StatusActive

About 110 W Ridge St

$123K+ Gross, $105K+ Net, 9.6% CAP, 15% Cash On Cash @ asking (@ full occ). The owners proudly invested over $300K+ to completely rehab & update this cash-flowing, turnkey 9-unit multi-family portfolio, including 110, 112, & 114 W Ridge. These properties have mountain views, stunning curb appeal, a brand-new facade, & a new roof. It’s located next to a brand-new St. Luke's Hospital & many other Main Street businesses. Renovations include mostly new bathrooms, flooring, kitchens, appliances, paint, refinished & new cabinets, & some granite countertops in the kitchens. The property is sold with a clear Certificate of Occupancy & new rental permits issued by the city. Other upgrades include a refinished rear deck & balconies, 25+ new windows, new electrical work, & new water heaters. There are six large 1BR/1BA units, one large 2BR/1BA unit with a deck in the rear, & one enormous, 2-story 4BR/2BA unit with a deck in the rear, plus a veteran-run, long-standing barbershop. All tenants are brand new, clean, & friendly & have 1-year leases. The property is minutes from highways & shopping & is near a police station & a church. Note: The owners love this property but live 1.5 hours away, & due to the distance, they are selling to a lucky buyer. The ownership group lists over 15 multi-family units in addition to this property. Gross projections are $140K+ with 18.8% cash on cash. The owner can fill units or will pay for 1 Month's rent if the unit is vacant at the time of sale.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 3
  • Living Area: 9,500 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 110 W Ridge St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Panther Valley Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Follow US-22 W and I-476 N to US-209 S in Franklin Township. Take exit 74 from I-476 N 33 min (33.5 mi) ? Continue on US-209 S. Take PA-443 W, Mill Rd and Laurel Dr to E Ridge St in Lansford

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,097,500
  • Price Per SqFt: $116/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lansford, PA.

Med. Sold Price

$85.5K

Med. Price/SqFt

$57

Avg. Days On Market

129

# of Sold Homes

3

110 W Ridge St vs Lansford

31 DAYS ON ROCKET

-98 Days

$1,097,500

+$1.0M More

$116/SqFt

+$59 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $59/SqFt more than other homes in Lansford, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #745068

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/13/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,357

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1150143
2
/10
  • Panther Valley Elementary School

  • 1 N Mermon Ave

  • 4.60 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,970. Residents of Lansford, PA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 110 W Ridge St

What is the listing price of this property?

The listing price of 110 W Ridge St property is $1,097,500.

What type of property is this?

The property 110 W Ridge St is a condo located in Lansford Borough, Pennsylvania, 18232.

Is this property for sale now?

Active Listing: 110 W Ridge St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 110 W Ridge St are:
Panther Valley Elementary School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 110 W Ridge St has 12 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 110 W Ridge St is 9,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 110 W Ridge St is 1970.

Rocket HomesPennsylvaniaCarbon CountyLansford18232110 W Ridge St

This home is located at 110 W Ridge St in Lansford Borough, PA and zip code 18232. This 9,500 square foot home, which was built in 1970, sits on a 0.07 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $1,097,500.

In September 2024, from all listings sold in Lansford, PA there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Lansford, PA decreased by 29.8% between August 2024 and September 2024. While the average time on the market in September 2024 was 129 days, the median list price was $85,500.

From Rocket Homes Real Estate and based on county public records data.

More Resources