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Street View
$600,000
10 Beds
- 6 Baths
5 full baths + 1 half bath
5,600sqft
265 E Bertsch St, Lansford, PA 18232
$600,000
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Apartment
Built in 1928
$-- HOA
3,006 sqft lot
$107/sq.ft
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 t...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1928
HOA Fees
-
Finished Area
5,600 sqft
Lot Size
3,006 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
780378
MLS Status
Active
Days on Market
9
Cumulative Days on Market
1
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