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Schneider Real Estate Agency
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609-893-5800
schneiderrealestateagency@
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FOR SALE
$1,300,000

1563 Old Route 22
Lenhartsville, PA 19534

Apartment Building
Commercial
9.86
Acre Lot
Courtesy: Century 21 Keim Realtors, (610) 395-0393
brightmlshomes.com> Pennsylvania> Lenhartsville> 19534
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!!!
PABK2041422
Apartment Building
GREENWICH TWP
BERKS
1935
9.86 Acres
Electric Water Heater, Well
Septic
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Century 21 Keim Realtors, (610) 395-0393
This content last refreshed on 4/28/2024 9:50 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.