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For sale
  • $600,000

    265-267 E Bertsch St, Lansford, PA 18232

    10beds
    5,600sqft
    : 
    $3,958/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 1928
    -- sqft lot
    $579,500 Zestimate®
    $107/sqft
    $-- HOA

    What's special

    Roof repairsDistinctive rooflineRich wood trimCorner lotBright exteriorNew exterior entry doorsIncluded appliances
    $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.
    16 days
    |
    228
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Schoenberger 484-895-9005,

    Steel City Realty 484-895-9005

    Source: GLVR,MLS#: 780378MLS LogoOriginating MLS: Lehigh Valley MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 5
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Electric, Oil
      Cooling
      • None, Wall Unit(s)
      Features
      • Flooring: Hardwood
      Interior area
      • Total interior livable area: 5,600 sqft

      Property

      Parking
      • Total spaces: 8
      Features
      • Stories: 3
      Lot
      • Size: 3,005 Square Feet
      • Dimensions: 40 x 75
      Details
      • Parcel number: 122A322T31
      • Zoning: MC
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Frame, Stone, Vinyl Siding
      Condition
      • Unknown
      • Year built: 1928

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: No Subdivision
      Location
      • Region: Lansford

      Financial & listing details

      • Price per square foot: $107/sqft
      • Tax assessed value: $25,368
      • Annual tax amount: $3,021
      • Date on market: 7/13/2026
      • Cumulative days on market: 17 days

        Estimated market value

        $579,500

        $551,000 - $608,000

        $1,468/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$600,000+157.5%$107/sqft
        Source: GLVR #780378 Report a problem
        3/11/2026Sold$233,000+366%$42/sqft
        Source: Public Record Report a problem
        10/2/2007Sold$50,000$9/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,950 +1.7%$25,368
        2024$2,902 +0.7%$25,368
        2023$2,883 -0.8%$25,368
        2022$2,905 $25,368
        2021$2,905 +1.6%$25,368
        2020$2,861 $25,368
        2019-- $25,368
        2018-- $25,368
        2017$3 -99.7%$25,368
        2016$1,026 $25,368
        2015$1,026 $25,368
        2014$1,026 $25,368
        2013-- $25,368
        2012-- $25,368
        2011-- $25,368 -30.3%
        2010-- $36,400
        2009-- $36,400
        2008-- $36,400
        2007$216 $36,400
        2006-- $36,400
        2005-- $36,400
        2004-- $36,400
        2003-- $36,400
        2002-- $36,400
        2000-- $36,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 18232

        Getting around

        55 / 100
        Somewhat Walkable
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Panther Valley

        Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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