$215,000
$225,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
5,802 SqFt
SOLD DATE : 07/17/2024
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,802 sqft
Price per Sqft $37
Subdivision Not In Development
MLS Listing ID 733952
Sold Date 07/17/24
Bedrooms 8
Full Baths 5
Construction Status Unknown
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,370
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Detached
Property 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 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!
Location
State PA
County Carbon
Area Lansford
Direction From West Patterson heading east, Turn left onto S Walnut, Property at the corner of Walnut and Bertsch on the left ahead.
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Building
Story 2
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Panther Valley
Others
Senior Community No
Tax ID 122A3-22-T53
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition None
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Bought with Steel City Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA