
Courtesy of: Akinlana Popoola, EXP Realty LLC, popoola.akin06@gmail.com
$349,000
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5 bed
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5.00 Bath (5 Full)
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Lot: 0.09 Acres
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Apartment
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$349,000
35 E Ridge Street Fully occupied five-unit investment property generating $45, 600 in gross income and $31, 070 in net income. The asset offers a strong value-add opportunity in the growing Lansford market, with stable in-place income and clear upside upon stabilization. Tenants are responsible for their own electric and heat, while landlord responsibilities are limited to water/sewer and trash, creating a simple and efficient structure for new owner. The property also features a roof that is only two years old, helping reduce near-term capital concerns. Additional value is supported by a six-car garage, offering potential for added rental income and improved overall cash flow. With full occupancy, low landlord utility exposure, garage income potential, and a growing rental location, this property is well suited for investors seeking a value-add multifamily asset with the opportunity to become a strong cash-flowing investment upon stabilization.
Courtesy of: Akinlana Popoola, EXP Realty LLC, popoola.akin06@gmail.com
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