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309-311 E Ridge Street
Lansford PA 18232 US

$349,900

Active Listing ID PM-142016
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8 bed
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3.00 Bath (3 Full)
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Lot: 0.05 Acres
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Other

$349,900

Active Listing ID PM-142016
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309-311 E Ridge Street Turnkey Investment Opportunity in Lansford, PA! Don't miss this recently renovated triplex offering strong cash flow potential with a projected 10% cap rate. Whether you're looking to expand your portfolio or secure your first multifamily investment, this property delivers a compelling combination of updated condition, and income producing potential. The building features three spacious units consisting of two 3 bedroom, 1 bath apartments and one 2 bedroom, 1 bath apartment, providing flexibility for a diverse tenant base. Residents enjoy access to a shared laundry area located on the lower level, adding convenience and additional appeal. Recent renovations help minimize immediate capital expenditures, while the durable metal roof offers long term peace of mind and reduced maintenance concerns. The property also includes valuable off street parking. Conveniently located in Lansford, Pennsylvania, this income producing asset is positioned in an affordable rental market with strong demand for quality housing. Whether you're seeking steady cash flow, long term appreciation potential, or a value add investment already performing, this triplex checks all the boxes. Schedule your showing today and see why this turnkey multifamily property is an excellent addition to any real estate portfolio.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 349900
  • unparsedaddress: 309-311 E Ridge Street
  • postalcity: Lansford
  • stateorprovince: PA
  • country: US
  • postalcode: 18232
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 3776
  • livingareaunits: Square Feet
  • latitude: 40.833656
  • longitude: -75.878591
  • listagentfullname: Michael Mulderig
  • listagentkey: 3yd-PMARPA-MUL
  • listagentmlsid: MUL
  • listagentpreferredphone: (570) 325-3300
  • listofficekey: 3yd-PMARPA-BEAR
  • listofficemlsid: BEAR
  • disclaimer: Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PMARPA
  • yearbuilt: 1920
  • listingcontractdate: 2026-06-08
  • countyorparish: Carbon
  • parcelnumber: 122A3-22-B7
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 8
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.87859, 40.833656
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Bear Mountain Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"bearmtnre@gmail.com", "ListBrokerageCity":"Jim Thorpe", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Bear Mountain Real Estate LLC", "ListBrokeragePhone":"(570) 325-3300", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":"Office C", "ListBrokerageUnparsedAddress":"1404 State Route 903", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1983 Route 903 ", "ListOfficeAddress2":"Office C", "ListOfficeBrokerMlsId":"BEAR", "ListOfficeCity":"Jim Thorpe", "ListOfficeCountry":"US", "ListOfficeEmail":"bearmtnre@gmail.com", "ListOfficePostalCode":"18229", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Lansford, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/309-E-Ridge-St_Lansford_PA_18232_M41275-73420?f=listhub&s=PMARPA-PM&m=142016&c=rexren", "MLSModificationTimestamp":"2026-06-08 19:21:40", "Neighborhoods":[{"Description":null, "Name":"Lansford Borough"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2779, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/8/2026 9:32:37 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Michael Mulderig, Bear Mountain Real Estate LLC

Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.