Lansford, PA 18232,106-108 W RIDGE ST
Lansford, PA 18232,106-108 W RIDGE ST
Lansford, PA 18232,106-108 W RIDGE ST
$675,000
Est. payment /mo
$775,000
12.9%
Est.Price: ?

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3,285 SqFt
SOLD DATE : 12/04/2023

Key Details

Sold Price $675,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,285 sqft

Price per Sqft $205

Subdivision None Avaible

MLS Listing ID PACC2003014

Sold Date 12/04/23

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $5,754

Tax Year 2022

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 50X80

Property Description

10% + Cap, $97,500 Gross, $78,400 Net, 80% Occupied (Projected + Actuals). The Patriotic Sons of America building is referred to as the Jewel of Lansford and is located in the heart of Main Street. THis property features four (4) residential units with 3BR/1BA each, two (2) commercial units, and two (2) 1500SF basement storage units. The property has all luxury upgrades including NEW/refinished hardwood flooring, NEW carpets, Fresh paint, all modern kitchens with custom cabinets & most stainless steel appliances, custom countertops, high-end lighting fixtures, NEW PEX plumbing, new electrical, ALL NEW WINDOWS, & a completely NEW ROOF. New energy-efficient windows sides and rear-electric panels in each unit and thermostats in every room. There are separate entrances at the street level for the storefront/office. Offices have 11' ceilings and they are 1500SF each with 1500SF under each unit for additional space and storage (7' ceiling height). Per zoning, the potential for commercial conversion to residential units. PROPERTY IS LOCATED NEXT TO Brand New ST. Luke's Hospital Facility. This property can be purchased individually or along with 30 other units being sold by the same seller, including 48 - 50 Ridge (6 units), 9 Ridge (9 Units), 214 216 Ridge (4 Units), and three additional parcels.

Location

State PA

County Carbon

Area Lansford Boro (13409)

Zoning NONE

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s), Ceiling Fan(s)

Flooring Carpet, Ceramic Tile, Hardwood

Heat Source Electric, Oil

Exterior

Garage Spaces 8.0

Water Access N

View City, Street, Valley, Mountain

Roof Type Asphalt

Accessibility 2+ Access Exits, 48\"+ Halls

Total Parking Spaces 8

Garage N

Building

Foundation Concrete Perimeter, Block, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Panther Valley Elem

Middle Schools Panther Valley Middle

High Schools Panther Valley High

School District Panther Valley

Others

Tax ID 122A2-24-N24

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by james J Reardon • eXp Commercial
Bought with james J Reardon • eXp Commercial

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Matthew Kimmey

+1(443) 966-4683

Broker | License ID: 666615

Broker License ID: 666615

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