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Marjorie Dick Stuart

  • Cell 240-731-8079
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1563 Old Route 22, LENHARTSVILLE, PA – $1,300,000

  • $1.3M Price
  • 13,801 Sqft
  • 9.86 Acres
  • 317 DOM
  • $1.3M Price
  • 13,801 Sqft
  • 9.86 Acres
  • 317 DOM

1563 Old Route 22

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!!!

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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

Amenities

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

  • Date ListedMarch 28th, 2024
  • Days on Market317
  • ZoningCOM

Listing Details

  • OfficeCentury 21 Keim Realtors
  • Office Contact6103950393
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Listing information last updated on February 7th, 2025 at 6:45pm CST.