MLS® ID: 631499

46 West Ridge Street

Lansford Borough, Pennsylvania, 18232

$89,900 Available
  • 2976 SQFT
Great opportunity!!! Get your hand on this money maker before its gone! 2976 sqft building located in the heart of Lansford. Presently used as a liquor Store. The State leases the store from owner for $1,300. The landlord pays $4275 yearly in taxes, $677 yearly in insurance, $238 yearly for snow removal, and $180 a year in heater maintenance total expenses $5370. Gross income is $15,600 yearly with net income being $10,230. Solid building. Seller can owner finance for acceptable buyer. Cap rate over 10% despite no rent increase in years. Lease amount should be $1600 plus from State.
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Listing courtesy of Keller Williams Real Estate

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    18232
  • Office name
    Keller Williams Real Estate
  • SQFT
    2976
  • Bedrooms
    0
  • Property type
    Investment Property
  • Zoning type
    Commercial
  • School district
    Panther Valley
  • Year built
    1895
  • Lot size
    3049
  • Sewer
    Public
  • Heating
    0
  • Agent name
    Jim Christman
  • Tax amount
    $ 4275.1
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    2500-3000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    KWRS1
  • Agent ID
    christmj

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