110 W RIDGE STREET, LANSFORD, PA 18232

$500,000+ in Renovations | Turnkey 9-Unit Portfolio | 9% Cap RateThis stunning 9-unit multi-family portfolio, spanning three parcels, has undergone over $500,000 in renovations, offering a truly turnkey investment opportunity. Boasting $125700 in gross income and $87344  in net operating income, this portfolio delivers a 9% cap rate and strong cash-on-cash returns under typical financing terms.Ownership spared no expense in transforming these properties:Fully renovated units with new bathrooms, vanities, lighting, hardwood floors, carpet, kitchens, appliances, and paintRefinished and new cabinetry, with granite countertops in select kitchensA brand-new façade enhancing curb appeal and community presence25+ new windows, updated plumbing, electrical systems, and new water heatersRebuilt rear decks and balconies, and a new roofThe unit mix includes:(6) large 1BR/1BA units(1) spacious 3BR/1BA unit with a rear deck(1) expansive 4BR/2BA bi-level unit with a private rear deck(1) commercial unit – a veteran-owned and operated barbershopAll tenants are newly placed, clean, and on 1-year leases. The property is fully code-compliant, delivered with a clear Certificate of Occupancy and new rental licenses from the city.Located adjacent to the brand-new St. Luke’s Hospital and surrounded by local businesses, this asset offers mountain views, prime walkability, and close proximity to highways, shopping, police, and community hubs like local churches.Comparable properties in the area are trading at $115K–$130K per unit, reflecting significant upside and appreciation potential as the town experiences growth driven by rising employment demand.This is a recession-resistant, cash-flowing asset—ideal for the serious investor looking to acquire a beautifully renovated, income-generating portfolio with minimal maintenance needs.