Tina Poss
Office: 301.698.3232
Cell: 301.514.4233
1563 Old Route 22, LENHARTSVILLE
$1,300,000
0 Beds
0 Baths
13,801 Sqft
9.86 Acres
0 Garages
UNIQUE INVESTMENT OPPORTUNITY in this 20 unit property situated on just shy of 10 acres consisting of two parcels and a short 20 minute commute to the Lehigh Valley. This property consists of 2-3BR units, 2-2BR units, 11-1BR/ efficiency units, 3 storage spaces, a workshop with garage, and a commercial garage.Plenty of value add and upside potential with rent increases and the potential to add more units. Check with zoning and the local municipality regarding options. All residential units are fully occupied with 1 year leases/security deposits in place. Owners pay W/S/T and common electric. All utilities are separate and tenants pay heat(electric), electric, and cable. New roofs and windows were recently installed on all the main buildings and commercial garage.List price reflects a cap rate of over 10% based on current rents and occupancy. Don't miss out on this unique opportunity!!!
Essential Information
MLS® #PABK2041422
Price$1,300,000
Bathrooms0.00
Square Footage13,801
Acres9.86
Year Built1935
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address1563 Old Route 22
AreaGreenwich Twp (10245)
SubdivisionNONE AVAILABLE
CityLENHARTSVILLE
CountyBERKS-PA
StatePA
MunicipalityGREENWICH TWP
Zip Code19534
Utilities
Electric Available, Phone, Cable TV Available
Interior
HeatingBaseboard - Electric
CoolingWindow Unit(s)
Exterior
RoofFlat, Shingle
Exterior
Alum/Steel Siding, Frame, Stucco, Vinyl Siding
School Information
DistrictKUTZTOWN AREA
Additional Information
ZoningCOM
Listing Details
OfficeCentury 21 Keim Realtors
Office Contact6103950393
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Listing information last updated on February 3rd, 2025 at 2:48pm EST.
