201 East Bertsch Street

Lansford, PA 18232

$225,000
Price
8
Beds
5
Baths
5,802 Sq. Ft.
$39 / Sq. Ft.
5,802
Sq. Ft.
$39
per Sq. Ft.

Description

Attention visionary investors! Welcome to 201 E Bertsch St in Lansford, PA—a diamond in the rough with boundless potential. This 5-unit building, including a spacious commercial space at 1920 sqft, offers an exciting opportunity for those with the vision to see its future glory. With a potential gross income of $42,480 and a net income of $34,650, the possibilities are endless. While only 2 units are currently inhabitable, the photographs will speak volumes about the untapped potential within. With...Attention visionary investors! Welcome to 201 E Bertsch St in Lansford, PA—a diamond in the rough with boundless potential. This 5-unit building, including a spacious commercial space at 1920 sqft, offers an exciting opportunity for those with the vision to see its future glory. With a potential gross income of $42,480 and a net income of $34,650, the possibilities are endless. While only 2 units are currently inhabitable, the photographs will speak volumes about the untapped potential within. With strategic renovations, the cap rate could soar to 10-15% or MORE, offering an enticing return on investment. Don't miss out on the chance to revitalize this property and unlock its full value—seize this opportunity today and be part of Lansford's promising future!
  1. Listed by Jennifer L. DeJesus • Steel City Realty

Property Details for 201 East Bertsch Street

Area
Lansford
Sub division
Not in Development

Location

Listing Courtesy of Steel City Realty
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LISTING UPDATED: 05/01/2024 11:45 AM

Property Details for 201 East Bertsch Street

StatusUnder Agreement
MLS #733952
Days on Market56
Taxes$4,371 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Detached
Year Built1900
Lot Size0.06 AC / 2,614 SF
CountyCarbon County

Location

Listing Courtesy of Steel City Realty
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Building Information for 201 East Bertsch Street

Stories2Residences5Year Built1900Building Size-Lot Size0.06 AC / 2,614 SF

Payment Calculator

$1,592 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,228

Property Taxes

$364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 East Bertsch Street

Summary
Location and General Information
  • Directions: From West Patterson heading east, Turn left onto S Walnut, Property at the corner of Walnut and Bertsch on the left ahead.
  • School District: Panther Valley
Parking
  • Garage: On Street
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,416.94
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $471.16
  • School Taxes: $2,482.72
  • Taxes: $0
  • Total Taxes: $4,370.82
Property
Lot Information
  • Acres: 0.06
  • APN: 122A3-22-T53
  • Lot Size Source: Tax Records
  • Zoning Code: Comm. / Resi
Property and Assessments
  • County Assessment: $38,462.00
  • Property SubType Category: Detached
  • Square Footage Source: Estimated
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 960
Interior and Exterior Features
Exterior Features
  • Construction: Vinyl
Interior Features
  • Baths: Modern
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $42,480.00
  • Insurance: $1,300
  • Net Income: $34,650.00
  • Operating Expense: $7,830
  • Other Expenses: $0
  • Trash Removal: 1200
  • Total Unit Count: 5
  • Total Units: 5
Unit 1
  • Unit Total1 Bedroom: 1
Unit 2
  • Unit Total2 Bedrooms: 2
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 201 East Bertsch Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 East Bertsch Street

Taxable ValueLand$4,300Additions$34,162Total$38,462
Tax Record2023$4,371 ($364 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,196 SqFtAbove Grade Finished SqFt1,196 SqFtStories2Lot Size2,396 SqFtStyleSingle Family ResidenceYear Built1910CountyCARBONAPN122A3-22-T53

Schools near 201 East Bertsch Street

This home is within Panther Valley School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 12
Private - PK to 8
Rating
School
Distance
Panther Valley El School
PublicK to 3

Panther Valley Intermediate School
Public4 to 6

Panther Valley Junior-Senior High School
Public7 to 12

Our Lady Of The Angels Academy
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steel City Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.