309-311 E Ridge St Lansford, PA 18232
Lansford AreaEstimated payment $1,876/month
Highlights
- Traditional Architecture
- Living Room
- Dining Room
- No HOA
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,779
Year Built
- Built in 1920
Lot Details
- 2,004 Sq Ft Lot
Parking
- 3 Open Parking Spaces
Home Design
- Triplex
- Traditional Architecture
Interior Spaces
- 3,776 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Room
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 122A3-22-B7
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $2,714 | $23,333 | $3,214 | $20,119 |
| 2025 | $2,540 | $23,333 | $3,214 | $20,119 |
| 2024 | $2,669 | $23,333 | $3,214 | $20,119 |
| 2023 | $2,652 | $23,333 | $3,214 | $20,119 |
| 2022 | $2,672 | $23,333 | $3,214 | $20,119 |
| 2021 | $2,672 | $23,333 | $3,214 | $20,119 |
| 2020 | $2,631 | $23,333 | $3,214 | $20,119 |
| 2019 | $2,503 | $23,333 | $3,214 | $20,119 |
| 2018 | $2,480 | $23,333 | $3,214 | $20,119 |
| 2017 | $2,449 | $23,333 | $3,214 | $20,119 |
| 2016 | -- | $23,333 | $3,214 | $20,119 |
| 2015 | -- | $23,333 | $3,214 | $20,119 |
| 2014 | -- | $23,333 | $3,214 | $20,119 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | Price Changed | $309,900 | -6.1% | $82 / Sq Ft |
| 07/03/2026 07/03/26 | Price Changed | $329,900 | -5.7% | $87 / Sq Ft |
| 06/08/2026 06/08/26 | For Sale | $349,900 | -- | $93 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $50,000 | Jamison Kelly C | |
| Quit Claim Deed | $1,000 | None Available | |
| Quit Claim Deed | $1,000 | Attorney | |
| Special Warranty Deed | $3,350 | Servicelink | |
| Sheriffs Deed | $1,010 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $47,200 | Commercial |
Source: Pocono Mountains Association of REALTORS®
MLS Number: PM-142016
APN: 122A3-22-B7
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.
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Ask me questions while you tour the home.