9-11 W RIDGE ST Lansford, PA 18232

11.25% + Cap, $134,700 Gross Income, $113,128 Net, PRE-Leased + Projected. Owners have invested hundreds of thousands in this completely remodeled 9 Unit "Loft Style" multi-family featuring six (6) residential units, two (2) commercial units, and one (1) storage/garage unit. There are four (4) 3BR/1BA, one (1) 2BR/1BA, and one (1) 1BR/BA. The property has all luxury upgrades including NEW hardwood flooring, NEW carpets, Fresh paint, all modern kitchens with custom cabinets & stainless steel appliances, custom countertops, high-end lighting fixtures, NEW PEX plumbing, NEW electrical, ALL NEW energy-efficient WINDOWS, & completely NEW ROOF. Commercial units have 11' - 14' ceilings and have tenants already interested as it is located on the busy main street of downtown Lansford. Per zoning, the potential for commercial conversion to residential units. A couple of units have been pre-leased and only 2 units remain to be completed with the region's top-ranking construction company. PROPERTY IS LOCATED NEXT TO Brand New ST. Luke's Hospital Facility. Owners have multiple units on Main St and always hit their projected rents, the property is currently being rented. The sellers will guarantee the property will be fully rented by closing for the lucky buyer. This property can be purchased individually or along with 30 other units being sold by the same seller, including 48 - 50 Ridge (6 units), 106 Ridge (6 Units), 214 216 Ridge (4 Units), and three additional parcels.