$150,000
$165,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
601 E Abbott ST Lansford, PA 18232
1,219 Sqft Lot
Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Municipality Lansford Borough
MLS Listing ID PM-139507
Sold Date 04/04/26
Style Other
HOA Y/N false
Annual Tax Amount $2,825
Tax Year 2026
Lot Size 1,219 Sqft
Acres 0.03
Lot Dimensions 0.03
Property Sub-Type Duplex
Source Pocono Mountains Association of REALTORS®
Property Description
Rare Investment Opportunity in Lansford! This well-maintained two-unit property is just minutes from Jim Thorpe and offers long-term tenants secured through 2027, making it ideal for investors seeking immediate cash flow. Unit 1 (Lower Level) features 2 bedrooms and 1 bathroom with approximately 723 sq ft. The layout includes a kitchen at entry, a living room and laminate flooring throughout most of the unit. The rear bedroom has newer flooring installed within the past year. Unit 2 (Upper Unit) offers a spacious 4-bedroom layout with approximately 1,566 sq ft. The first level includes the kitchen, living room, two bedrooms, and a full bathroom, while the second level provides two additional bedrooms and a flexible common space with hardwood stairs. Laminate flooring flows throughout the unit. Both units share a common front entry located near the mailbox, and each has its own washer, dryer, and hot water heater. The property also features a large basement for storage, electric baseboard heat, public water and sewer, and a durable metal roof. All appliances remain with the property. Listed at $165,000, the property generates a gross annual income of $18,600 with an estimated Net Operating Income of ~$13,236 and an estimated cap rate of ~8%. Positioned on a quiet side street, this property offers a rare combination of stable income, long-term tenants, and low-maintenance features, with possession available immediately.
Location
State PA
County Carbon
Area 0.03
Rooms
Basement Full
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Exterior
View Y/N No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Panther Valley
Others
Tax ID 122A4 22 H28
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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