265 267 E Bertsch Street Lansford, PA 18232
MULTI_FAMILY - Lansford, PA
Property Features for 265 267 E Bertsch Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- MC
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bedroom 5, Bedroom 1, Bathroom 6, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 10, Bathroom 4, Bedroom 4, Bathroom 2, Bathroom 5, Bedroom 9, Bedroom 7, Bathroom 1
- Parking
- 8
- Standard status
- Active
- APN
- 122A3-22-T31
- Size
- 5,600 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3021
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Oil, Electric (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Hardwood
- Building materials
- Frame, Stone, VinylSiding
Listing agent Joshua Schoenberger (484) 895-9005
Listing office Steel City Realty 2505 Newburg Road, Bethlehem, PA (484) 895-9005
Listing date Jul 12, 2026
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is prominently positioned on a corner lot in Lansford, Pennsylvania, and presents well from the street. Several original features were preserved, including hardwood floors, rich wood trim, bay windows, and exposed brick, balancing historic character with refreshed, modern finishes.
Financially, the offering is reported at $75,300 gross income and $59,831 NOI, with a projected 9.97% cap rate referenced at a $600,000 price (buyer to verify all figures). Included appliances, public water and sewer, and recent leasing activity—two units rented immediately after completion while the remaining units are actively marketed—support an income-focused purchase. The building totals approximately 5,600 square feet.
Key Highlights
- $75,300 gross income, $59,831 NOI, and 9.97% cap rate at a $600,000 asking price (buyer to verify).
- Five‑unit investment property with current/projected rents totaling $6,275/month: two 3BR units, one 2BR/1.5BA unit, and two 1BR units.
- Extensive renovation completed for $100,000+ with updated kitchens and bathrooms, interior painting, drywall repairs, and new lighting/electrical fixtures.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.8k | $18.00 |
| − Vacancy | −$6.9k | −$1.22 |
| EGI | $93.9k | $16.78 |
| − OpEx | −$42.3k | −$7.55 |
| NOI | $51.7k | $9.23 |
