$675,000
$775,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with james J Reardon • eXp Commercial
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