301 Bertsch St · Lansford, PA 18232

$320,000

2 bd · 1.0 ba · 1,538 sqft · Townhouse public records · 167 Days on market

Built 1930 3,311 sqft lot

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +9.6/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Cash flow +1.2/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

Key facts

• Built 1930
• Listed 167 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $320k.

Deal economics

• At list price, monthly cash flow is $-1k ($-16k/yr) — negative.
• To cash-flow at today's rent, offer at most $124k (61.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (59.1% below list).
• Recommended offer: $124k (61.3% below list) — sets the bar for cash-flow.
• Cap rate 1.4% vs local median 9.5% in Lansford — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 72/100 on livability (#605 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A-; Watch: amenities D, schools F, commute F.
• Panther Valley SD (rural): math 14% / reading 35% proficiency, ranked #477 of 539 in PA (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 34 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 83% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 180 units permitted in Carbon County in 2024 (10 in 5+ unit buildings).
• This rent runs 35% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $29k appreciation (9.1% local appreciation)).
• Carbon County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$50k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 167 days — a 12% lower offer ($282k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 19y ago; this cycle's ask has dropped $55k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $250k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,794 (61.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 167 days. Have you received any prior offers? Is the seller open to a 61% concession, seller financing, or rate buy-down credit?
3. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.41% ✗
• Cap rate: 1.44%
• Cash-on-cash: -17.33%
• DSCR: 0.23
• GRM: 20.4

CMA / ARV

• ARV (median comp): $106,394
• List price: $320,000
• Delta: 200.77%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
234 E Kline Ave	0.09mi	3/1.0 (+1)	1,594 (+4%)	10mo	$89,800	$56	76
307 E Abbott St	0.08mi	3/1.5 (+1)	1,640 (+7%)	4mo	$60,000	$37	75
262 E Kline Ave	0.06mi	3/1.0 (+1)	1,665 (+8%)	8mo	$50,000	$30	72
253 E Abbott	0.08mi	3/2.0 (+1)	1,370 (-11%)	4mo	$165,000	$120	66
501 E Bertsch	0.19mi	3/1.5 (+1)	1,670 (+9%)	8mo	$119,900	$72	63
206 W Bertsch St	0.56mi	3/1.0 (+1)	1,584 (+3%)	5mo	$172,500	$109	60
6 E Abbott St	0.32mi	3/1.5 (+1)	1,400 (-9%)	8mo	$116,600	$83	57
232 W Patterson St	0.62mi	3/1.0 (+1)	1,613 (+5%)	10mo	$70,000	$43	50
838 E Patterson St	0.54mi	2/1.0	1,356 (-12%)	10mo	$113,197	$83	47
126 W White St	0.53mi	3/1.0 (+1)	1,344 (-13%)	6mo	$115,000	$86	44
138 E Fell St	0.56mi	3/1.0 (+1)	1,312 (-15%)	6mo	$125,000	$95	40
333 W Abbott St	0.71mi	3/1.5 (+1)	1,420 (-8%)	12mo	$128,000	$90	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

9.12% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.1%
• Equity multiple: 1.81×
• Total profit: $72,821
• Equity at exit: $267,908

10-year hold

• IRR: 11.3%
• Equity multiple: 4.07×
• Total profit: $275,355
• Equity at exit: $557,363

Cash invested: $89,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 18232

• Home prices YoY: 3.6%
• Active inventory: 34
• Price-to-rent: 20.4×

Monthly cashflow live

• Estimated rent: $1,308 high
• Mortgage (P&I): −$1,678
• Tax from tax record: −$516 /mo · $6,190/yr
• Insurance: −$133
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $-1,294

Break-even live

Break-even rent $2,946

Max offer price $123,794

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $80,000
• Closing costs: $9,600
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
317 E Bertsch St Unit 1 Lansford, PA	2.0	1.0	1650	$1,400	$0.85	43d	1	0.03mi
323 E Bertsch St Unit A-1 Lansford, PA	2.0	1.0	1250	$1,450	$1.16	43d	1	0.03mi
10 Leisenring St Lansford, PA	3.0	1.0	1422	$1,100	$0.77	43d	1	0.22mi
149 W Ridge St Unit 3A Lansford, PA	3.0	1.0	1550	$1,650	$1.06	43d	1	0.54mi
149 W Ridge St Unit 1B Lansford, PA	3.0	1.0	1654	$1,500	$0.91	19d	1	0.54mi
151 E High St Coaldale, PA	3.0	1.0	1312	$1,200	$0.91	43d	1	1.49mi

Listing history 45 events

1. 2026-06-18
   days on market $320,000 Active 167 DOM
2. 2026-06-17
   days on market $320,000 Active 166 DOM
3. 2026-06-16
   days on market $320,000 Active 165 DOM
4. 2026-06-15
   days on market $320,000 Active 164 DOM
5. 2026-06-14
   days on market $320,000 Active 162 DOM
6. 2026-06-13
   days on market $320,000 Active 161 DOM
7. 2026-06-10
   days on market $320,000 Active 159 DOM
8. 2026-06-09
   days on market $320,000 Active 158 DOM
9. 2026-06-08
   days on market $320,000 Active 157 DOM
10. 2026-06-07
    days on market $320,000 Active 156 DOM
11. 2026-06-05
    days on market $320,000 Active 153 DOM
12. 2026-06-03
    days on market $320,000 Active 152 DOM
13. 2026-06-02
    days on market $320,000 Active 151 DOM
14. 2026-06-01
    days on market $320,000 Active 150 DOM
15. 2026-05-31
    days on market $320,000 Active 149 DOM
16. 2026-05-31
    days on market $320,000 Active 148 DOM
17. 2026-04-28
    price $320,000 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

18. 2026-03-09
    status Active 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

19. 2026-03-09
    status Active 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

20. 2026-02-27
    status Pending 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

21. 2026-02-27
    status Pending 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

22. 2026-02-20
    price $337,500 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

23. 2025-12-23
    listed $375,000 Active 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

24. 2025-12-23
    listed $375,000 Active 151-char remark

    Show marketing remark (151 chars)

    Fully occupied 4-unit investment property in Lansford generating immediate cash flow. Tenants responsible for electric, heat. Landlord pays for W/ S/T.

25. 2024-01-11
    historical $895
26. 2024-01-04
    listed $895
27. 2023-03-10
    soldstatus $250,000 Sold
28. 2023-01-31
    status Pending
29. 2022-12-15
    listed $275,000 Active
30. 2020-12-04
    historical
31. 2020-07-06
    soldstatus $124,900
32. 2020-06-26
    soldstatus $124,900
33. 2020-06-26
    soldstatus $124,900
34. 2020-02-14
    listed $119,900
35. 2020-02-14
    listed $119,900
36. 2017-09-27
    soldstatus $138,500
37. 2017-02-28
    listed $109,000
38. 2017-02-26
    listed $99,000
39. 2015-09-14
    soldstatus $50,000
40. 2011-01-31
    historical
41. 2010-07-24
    listed $129,000
42. 2008-12-05
    listed $132,900
43. 2008-02-06
    soldstatus $85,000
44. 2008-02-06
    soldstatus $85,000
45. 2007-07-26
    listed $139,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $6,190 · $516/mo
• Projected year-2 tax: $6,190 · $516/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,699
• − Mortgage interest: −$17,925
• − Property taxes: −$6,190
• − Insurance: −$1,600
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$9,309
• Taxable loss: −$21,837
• Est. tax savings @ 24.0%: +$5,241
• After-tax cash flow: $-10,284/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Panther Valley SD
• NCES district ID: 4218450
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 35% ▼ -14.00%
• Median HH income: $36,914
• Composite: 20.31/100
• National rank: #8613
• State rank: #477 of 539 in PA

Livability — Lansford

• Score: 72/100
• State rank: #605
• US rank: #5834

Category grades

Amenities D Commute F Cost of living A+ Crime A- Employment F Housing A- Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lansford, PA
• County: Carbon County · 13,404 people
• City population: 4,156
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• Population (ZIP): 4,156
• Household income: $44,713
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 123.0

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 61,643 people
• By 2030: 59,840 · -2.9%
• By 2040: 55,413 · -10.1%
• By 2050: 50,843 · -17.5%
• By 2075: 43,326 · -29.7%
• By 2100: 37,126 · -39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 64% Hispanic / Latino 17% Black 11% Two or more races 11% Native American 4%
• Hispanic origin (detail): Puerto Rican 5%
• Common ancestry: Romanian 4% Polish 2% Iranian 2%
• Foreign-born: 7% · Canada, Jamaica, South Korea
• Languages at home: 89% English-only · Spanish 10%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+34.8) · D 32.2% · R 67.0%
• 2008→2024 swing: -36.7pp toward R · 2008: 1.9pp · 2024: -34.8pp
• All cycles: 2024: R+34.8 2020: R+32.0 2016: R+34.1 2012: R+6.9 2008: D+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.12%
• Current HPI: 262.3396
• Rent YoY: —
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+130.2% since first listed

29 events — show timeline

• 2026-04-28 Price Changed $320,000 GLVRMLS
• 2026-03-09 Relisted — LCAR
• 2026-03-09 Relisted — GLVRMLS
• 2026-02-27 Pending — LCAR
• 2026-02-27 Pending — GLVRMLS
• 2026-02-20 Price Changed $337,500 GLVRMLS
• 2025-12-23 Listed $375,000 LCAR
• 2025-12-23 Listed $375,000 GLVRMLS
• 2024-01-11 Rental Removed $895 GLVRMLS
• 2024-01-04 Listed for Rent $895 GLVRMLS
• 2023-03-10 Sold (MLS) $250,000 GLVRMLS
• 2023-01-31 Pending — GLVRMLS
• 2022-12-15 Listed $275,000 GLVRMLS
• 2020-12-04 Listing Removed — GLVRMLS
• 2020-07-06 Sold (Public Records) $124,900 Public Records
• 2020-06-26 Sold (MLS) $124,900 GLVRMLS
• 2020-06-26 Sold (MLS) $124,900 PMAR
• 2020-02-14 Listed $119,900 GLVRMLS
• 2020-02-14 Listed $119,900 PMAR
• 2017-09-27 Sold (Public Records) $138,500 Public Records
• 2017-02-28 Listed $109,000 GLVRMLS
• 2017-02-26 Listed $99,000 PMAR
• 2015-09-14 Sold (Public Records) $50,000 Public Records
• 2011-01-31 Listing Removed — GLVRMLS
• 2010-07-24 Listed $129,000 GLVRMLS
• 2008-12-05 Listed $132,900 PMAR
• 2008-02-06 Sold (Public Records) $85,000 Public Records
• 2008-02-06 Sold (MLS) $85,000 PMAR
• 2007-07-26 Listed $139,000 PMAR

Property tax history

+6.8%/yr

Latest (2026): $6,190 · +2.4% YoY. Source: county tax records.