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$349,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 35 E Ridge St
General
- Price: $349,000
- HOA FEE: $1,368
- Taxes: $5,327
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 777054
- Updated: 6/9/2026
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 6
- Parking Features: Off Street
Location
- Area: Lansford
- County: Carbon
- Subdivision: Not in Development
- Driving Directions: From Route 209, follow signs toward Lansford and continue into town via Patterson Street. Turn onto E Ridge Street—35 E Ridge Street will be on your left in the borough center.
School Information
- Elem School District: Panther Valley
- Midd School District: Panther Valley
- High School District: Panther Valley
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: None, Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 2
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Public Records
- Zoning: C
Financial Considerations
- Maint. Fee: $1,368
- Operating Expenses: $14,530
- Tax Amount: $5,327.13
Disclosures and Reports
- Property ID: 122A2-24-C17
Listed by EXP Realty LLC
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Schools
Schools serving 35 E Ridge St
School District:Panther Valley School District
| Name | Grades | Distance |
|---|---|---|
Panther Valley El School 1 North Mermon Avenue, Nesquehoning, PA 18240 | K-5 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 35 E Ridge St
Date
Details
Price
Change
Source
6/09/2026
Listed
$349,000
55.11%
MLS
6/14/2024
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 35 E Ridge St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,202
7%
$44,732
—
2025
$4,869
12%
$44,732
18%
2024
$4,347
1%
$38,000
—
2023
$4,319
-1%
$38,000
—
2022
$4,352
100%
$38,000
—
2020
-100%
$38,000
—
2020
$4,286
5%
$38,000
—
2019
$4,077
1%
$38,000
—
2018
$4,039
1%
$38,000
—
2017
$3,989
3%
$38,000
—
2016
$3,856
1%
$38,000
—
2015
$3,829
2%
$38,000
—
2014
$3,747
—
$38,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 35 E Ridge St
35 E Ridge Street, Lansford, PA 18232 (MLS# 777054) is a Apartment property with 5 bedrooms and 5 full bathrooms. 35 E Ridge Street is currently listed for $349,000 and was received on June 09, 2026. Want to learn more about 35 E Ridge Street? Do you have questions about finding other Apartment real estate for sale in Lansford? You can browse all Lansford real estate or contact a Coldwell Banker agent to request more information.

