601 E Abbott Street, Lansford, PA 18232
Local realty services provided by:ERA One Source Realty
601 E Abbott Street,Lansford, PA 18232
$165,000
- - Beds
- - Baths
- 2,351 sq. ft.
- Multi-family
- Active
Listed by: jonathan campbell
Office: real of pennsylvania
MLS#:PM-139507
Source:PA_PMAR
Price summary
- Price:$165,000
- Price per sq. ft.:$70.18
About this home
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....
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Home facts
- Year built:193
- Listing ID #:PM-139507
- Added:10 day(s) ago
- Updated:March 27, 2026 at 02:28 PM
Rooms and interior
- Kitchen Description:Electric Range, Refrigerator
- Basement:Yes
- Living area:2,351 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard, Electric, Heating
Structure and exterior
- Year built:193
- Building area:2,351 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$165,000
- Price per sq. ft.:$70.18
- Tax amount:$2,825
Features and amenities
- Appliances:Electric Range, Refrigerator
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