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9 Tunnel Street, Lansford Boro, PA 18232

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For Sale

$349,900

3 beds2 baths1 half baths2,154 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $162.44
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Golden investment opportunity in this beautifully maintained and updated three-unit property near the heart of downtown! With one commercial unit, currently salon, and two residential units this presents grand opportunity. The commercial unit is accessed via a sprawling and attractive covered porch and offers an ideal floorplan for a salon with waiting area and workspace; architectural interest is found in a decorative stone fireplace with built-in shelving and a window seat featuring original stained glass. A half bath completes this unit. Also on the ground level is a one bed/one bath apartment with eat-in kitchen and spacious living room heated and cooled with multiple mini-split units. A two bed/one bath unit spans the second floor with two well sized bedrooms and open-concept living-dining room. Accessed via the upper unit, the attic is partially finished; with the addition of heat and finishing touches could make this unit a marvelous 5 bed! Mini-splits throughout, as well as many replacement windows and the 2011 new roof paired with the low-maintenance and attractive exterior just add to the allure of this property! Based on past rental income and current expenses the Cap Rate is 10.6%. The potential for owner-occupied property is also an attractive option for a business owner to build on the established and successful forty-year salon history, and/or live above the shop with extra rental income! Certificate of Occupancy in hand for all units.
MLS# 762462

Courtesy Of RE/MAX real estate

(610) 770-9000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Attic
  • Architecture Style
    Victorian
  • Exterior Type
    Stone
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Vinyl
  • Lot Size
    0.05 Acres
  • Roof Type
    Asphalt
  • Rooms
    Dining Room

Home seller CENTURY 21 Keim Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Keim Realtors

(610) 395-0393
Learn More About Us

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