$600,000

265 E Bertsch St Lansford, PA 18232

Lansford Area

Estimated payment $3,543/month

Total Views 1,853
10 Beds
5.5 Baths
5,600 Sq Ft
$107 Price per Sq Ft

About This Home

$75,300 GROSS INCOME | $59,831 NOI | 9.97% CAP RATE at $600,000. Impressive, fully renovated 5-unit investment property offering strong cash flow, attractive curb appeal, a highly rentable unit mix and limited near-term capital exposure. Prominently positioned on a corner lot, the property presents beautifully from the street with its classic architecture, bright exterior, distinctive roofline and substantial residential presence. Current and projected rents total $6,275 per month across two 3-bedroom units, one spacious 2-bedroom/1.5-bath unit and two well-sized 1-bedroom units. This diverse unit mix broadens the tenant pool and reduces reliance on any single apartment type. Ownership recently completed an extensive renovation exceeding $100,000, creating a clean, refreshed and professionally improved asset ready for continued operation. Improvements include luxury vinyl plank flooring, interior painting, drywall repairs, updated kitchens and bathrooms, new lighting and electrical fixtures, plumbing repairs including replacement of a section of the main sewer stack, new exterior entry doors, select interior doors, replacement windows, roof repairs, pressure washing and exterior enhancements. Two kitchens were fully remodeled, two additional kitchens were refreshed, four bathrooms were refurbished and one bathroom was completely remodeled. The renovation preserved the property’s strongest original features, including hardwood floors, rich wood trim, bay windows, exposed brick and generously proportioned rooms. The result is a compelling blend of historic character and updated finishes that photographs well, shows well and gives the building a level of charm that many competing multifamily properties lack. For an investor, this property offers the key advantages ownership should provide: immediate income, diversified rent streams, substantial recent capital improvements, low reported operating expenses and a near-10% projected cap rate at the asking price. Public water and sewer, included appliances, large layouts and strong local rental demand further support operational stability. Two units rented immediately following completion, while the remaining units are actively marketed and generating showing activity. This is not a basic five-unit requiring years of deferred maintenance and constant renovation. It is a substantially improved, visually appealing income property positioned to deliver cash flow from day one while offering the durability, tenant demand and long-term wealth-building benefits investors seek. Financials reflect actual and projected rents; buyer to verify all figures. Seller is a licensed agent.

Listing Agent

Joshua Schoenberger

Steel City Realty License #RS341739 Listed on: 07/12/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1928

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 40x75

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 5,600 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms

Utilities

  • Heating Available

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $400
  • Insurance Expense $4,848
  • Maintenance Expense $1,800
  • Water Sewer Expense $2,400
  • Operating Expense $15,469
  • Gross Income $75,300
  • Net Operating Income $59,831

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,021

Year Built

Built in 1928

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1928
  • LotSizeAcres: 0.069
  • Lot Size: 40X75
  • Co List Office Mls Id: STEEL
  • Subdivision Name: No Subdivision
  • Year Built Details: Unknown
  • HumanModifiedYN: Yes
  • PropertySubTypeAdditional: Apartment
  • CurrentPrice: 600000.0
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Living Area: 5600.0
  • Stories: 3

Exterior Features

  • Construction Type: Frame, Stone, Vinyl Siding
  • Property Condition: Unknown

Utilities

  • Cooling: None, Wall Unit(s)
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 15469.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Panther Valley

Lot Info

  • Lot Size Sq Ft: 3006.0
  • Zoning: MC

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 400.0
  • Insurance Expense: 4848.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 59831.0

Tax Info

  • Tax Annual Amount: 3021.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $469 $75,500 $5,600 $69,900
2024 $535 $69,600 $5,600 $64,000
2023 $1,306 $65,300 $5,600 $59,700
2022 $355 $53,200 $5,600 $47,600
2021 $331 $47,100 $5,600 $41,500
2020 $375 $51,900 $5,600 $46,300
2019 $440 $60,300 $5,600 $54,700
2018 $534 $57,600 $5,600 $52,000
2017 $499 $56,900 $5,600 $51,300
2016 $482 $54,600 $5,600 $49,000
2014 $424 $51,500 $5,600 $45,900
2013 -- $52,000 $5,600 $46,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2026 07/12/26 For Sale $600,000 -- $107 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 780378

Greater Lehigh Valley REALTORS®
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