Homes for sale - 446-448 E BERTSCH ST, Lansford, PA 18232

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$ 360,000

Est. payment | -/mo

1,620 SqFt

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$ 360,000

Est. payment | -/mo

Save

1,620 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $222

MLS Listing ID PACC2005166

Style Other

Abv Grd Liv Area 1,620

Originating Board BRIGHT

Year Built 1921

Annual Tax Amount $2,488

Tax Year 2017

Lot Size 2,614 Sqft

Acres 0.06

Property Description

This property has been completely renovated and will soon be occupied by year-to-year tenants with a conservative projected Gross of $49,200, $38,300 NET Income, and 10.5% CAP at the asking price. Owners have made a substantial financial investment into fully modernizing this 3-unit multi-family residence, renovations across all units including new windows, flooring, paint, electrical updates, new kitchens, cabinets, bathrooms, bedrooms, and updated appliances. The configuration includes two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Located in Carbon County, the property is conveniently close to highways and shopping centers. One of the owners is a RE agent Tenants are responsible for electricity and heat. NOTE—The owners are fond of this property but have decided to sell it because they live 1.5 hours away, presenting a great opportunity for the right buyer. The property can be bought individually or as a package with 30+ other units nearby including: 3UNIT - 755 E Broad St, Tamaqua; 9Unit - 110 W Ridge st, Lansford; 4Unit 424 E Broad St, Tamaqua, Lansford; 4Unit 157 W Ridge, Lansford. Show and go. Can be FHA at 6.25%financing, 5%down, 30YR fixed.

Location

State PA

County Carbon

Area Lansford Boro (13409)

Zoning R

Rooms

Basement Partial

Interior

Hot Water Oil, Electric

Heating Baseboard - Electric, Radiator

Cooling Window Unit(s)

Fireplace N

Heat Source Oil, Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block, Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Panther Valley

Middle Schools Panther Valley

High Schools Panther Valley Senior

School District Panther Valley

Others

Tax ID 122A3-22-M4.01

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Listed by james J Reardon • eXp Commercial

446-448 E BERTSCH ST Lansford, PA 18232