111 E Patterson Street, Lansford Borough, PA 18232 (MLS # 717216)
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The charm, stylish renovations and efficiency of this 2-unit show why its units were so appreciated and in such demand by quality tenants. Priced at a +11% non-leveraged cap rate. New tenants with leases starting 5/14 for huge 2nd/3fl unit with 3 b/r, at $1,000/mo. First floor 1 b/r unit 6/1, at $750/mo. New kitchens with granite counters. New tile floors. Refinished hardwood and new carpets. Contemporary baths. Landlord benefits from low maintenance and operating costs. Separate heat/electric paid by tenants. No common area electric. New stoves/microwaves; new h/w heaters. Refrigerators. Vinyl siding, newer roof, mostly new vinyl windows. Very desirable and attractive property, easy to manage.
| DAYS ON MARKET | 36 | LAST UPDATED | 11/8/2023 |
|---|---|---|---|
| TRACT | No Subdivision | YEAR BUILT | 1925 |
| COMMUNITY | Lansford | COUNTY | Carbon |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Lansford |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Electric |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 25x75 |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | No Subdivision |
| TAXES | 1653 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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