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$329,900

309-311 E E Ridge Street, Lansford, PA 18232
Lansford, PA 18232
Listed by Michael Mulderig · Bear Mountain Real Estate LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

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

MLS #
PM-142016
Property type
Triplex
Subdivision
None
Status
Active
Days on market
74
On market date
June 8, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.046 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Panther Valley El Sch
4.15 mi away · Grades 0-3
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
617
Student:teacher ratio
15.8:1
District
Panther Valley SD
Middle
Panther Valley Intermediate Sch
1.65 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
406
Student:teacher ratio
17.7:1
District
Panther Valley SD
High
Panther Valley JSHS
1.59 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
755
Student:teacher ratio
18.0:1
District
Panther Valley SD

Mortgage calculator

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Est. monthly payment
$2,137/mo
$65,980 down
$263,920 loan
Principal & interest$1,712
Property tax (est.)$275
Home insurance (est.)$150

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Data source: Listing information provided by Pocono Mountains Association of REALTORS® via Trestle/CoreLogic. Last updated July 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.