Search
Mixed-Use Multifamily Portfolio
For Sale
Contact for pricing
Pending

106 W Ridge St, Lansford, PA 18232

Six-building portfolio with 24 residential units and 7 commercial storefronts, with extensive renovations across most units.

Property SizeContact for details
Days on Market122

Property Features for 106 W Ridge St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 10.2%
Clear Height 14 ft
Multifamily Units 24

Building Details

Tenancy Multi
Listing Agency: eXp Commercial
Listed By: James Reardon · License #PA RS337438
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial

Investment Insights

Based on property information with market context.

This mixed-use multifamily portfolio consists of six buildings totaling 31 units, including 24 residential units and 7 commercial storefronts. The residential unit mix includes eight 3BR/1BA units, eleven 2BR/1BA units, and five 1BR/1BA units. Many of the residential units have been renovated with new hardwood flooring, new carpets, fresh paint, and updated kitchens featuring custom cabinets and stainless steel appliances, along with custom countertops and upgraded lighting. Renovations also include new PEX plumbing, new electrical, new energy-efficient windows, and a newly installed roof. Some units are currently being remodeled in preparation for sale, while other units are occupied and were inherited with the initial purchase. The commercial storefront units have 11' to 14' ceilings.

Four buildings are located in Lansford, Pennsylvania at 106–108 W Ridge St, 9–11 W Ridge St, 214–216 W Ridge St, and 48–50 W Ridge St. The fifth and sixth buildings are located at 4025–4029 Main St in Slatedale, Pennsylvania.

All properties are listed separately, though the seller prefers a single buyer for the full package.

Key Highlights

  • Six‑building multi‑family portfolio with 24 residential units and 7 commercial storefronts.
  • 31 total units across the portfolio, with a mix of 8 three‑bedroom, 11 two‑bedroom, and 5 one‑bedroom units.
  • Majority of units reportedly renovated with new hardwood flooring, new carpets, fresh paint, modern kitchens, and stainless steel appliances.

Property Analytics

Current Use

J&B's Family Entertainment Party Supply Store Mishka Premium Vodka Brewery & Distillery

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
24
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

Demographics for 18232, PA

4,222
Population
2,129
Households
2
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
2.1 sq mi
ZIP Area
2,010
Density / Sq Mi
$44,078
Median Household Income
$34,802
Median Earnings
$963
Median Rent
$48,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Six-building portfolio with 24 residential units and 7 commercial storefronts, with extensive renovations across most units.
Where is this apartment building located?
The property is located at 106 W Ridge St Lansford, PA.
What are key features of this property?
This property features: Six‑building multi‑family portfolio with 24 residential units and 7 commercial storefronts.; 31 total units across the portfolio, with a mix of 8 three‑bedroom, 11 two‑bedroom, and 5 one‑bedroom units.; Majority of units reportedly renovated with new hardwood flooring, new carpets, fresh paint, modern kitchens, and stainless steel appliances.
(888) 397-7352 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message