265 E Bertsch St Lansford, PA 18232
Lansford AreaEstimated payment $3,543/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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®
MLS Number: 780378
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