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New
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$600,000

For Sale

A day ago

265 E Bertsch St, Lansford, PA

Condo

MLS® 780378

10 Bed

6 Bath

5600 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5600 sqft
Garage 
HOA Fees 
Taxes $3,021
Days Active 1
Approx. Age 1928
Avg. Price Per Sqft $107
MLS® Number 780378

Property Address: 265 E Bertsch St, Lansford, PA, 18232-2106

Average square foot calculated using Size range provided by listing agent.

Description

$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.
MLS® Number780378
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1928
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric, Oil
A/CNone, Wall Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 12, 2026List Date
$600,000List Price
  • Commute

Commute

Starting Address
Destination Address
265 E Bertsch St, Lansford, PA

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