9 Beds
4 Baths
3,202 SqFt
9 Beds
4 Baths
3,202 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,202 sqft
Price per Sqft $73
Subdivision No Subdivision
MLS Listing ID 782713
Bedrooms 9
Full Baths 2
Half Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,610
Lot Size 5,619 Sqft
Acres 0.129
Property Sub-Type Investment
Property Description
The larger unit, 229 W Patterson, offers six bedrooms, three full baths, a living room, dining room, family room, finished basement, front porch, backyard, and a two-car off-street parking pad. While the property is currently occupied and functional, it would benefit from paint, flooring, and additional cosmetic updating. Its size, bedroom count, multiple living areas, and finished lower level provide a strong foundation for an investor looking to reposition the unit and maximize its rental income.
The adjoining residence at 225 W Patterson includes three bedrooms, one full bath, and a full basement. This unit requires a complete remodel, giving an investor the ability to renovate from the ground up, establish a fresh rental product, and create additional value through strategic improvements.
Together, the two units offer the flexibility to renovate and hold as a two-unit rental property, improve one side while generating income from the other, or reposition both units as part of a longer-term buy-and-hold strategy. With nine total bedrooms between the two residences and separate side-by-side living arrangements, the property offers a scale that is difficult to replicate in a typical duplex.
The roof is less than five years old, providing a meaningful recent capital improvement. The property is also convenient to Lansford shopping and dining, Panther Valley amenities, the No. 9 Coal Mine & Museum, nearby Jim Thorpe, and Lehigh Gorge recreation.
Some MLS photos include virtual staging to demonstrate potential after renovation. Actual condition differs from staged images. For investors seeking a project with size, flexibility, and clear value-add potential, this property deserves a closer look
Location
State PA
County Carbon
Area Lansford
Direction Route 209 West into Lansford. The road turns into West Patterson. The property is on the right side just west of Center Street.
Interior
Heating Hot Water, Oil, Radiator(s)
Cooling Wall/Window Unit(s)
Flooring Carpet, Hardwood
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features Off Street, Parking Pad, On Street
Water Access Desc Public
Total Parking Spaces 2
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Panther Valley
Others
Senior Community No
Tax ID 122A1-25-C26A
Special Listing Condition None
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania 18018, USA