1563 Old Route 22, Greenwich Township (19534)
$1,300,000
22 
16
13,801
PROPERTY DETAILS
| Address: |
view address Greenwich Township, PA 19534 Map Location |
Bedrooms: | 22 |
|---|---|---|---|
| Bathrooms: | 16 (full: 16) | Square Feet: | 13,801 sq.ft. |
| Year Built: | 1935 | Property Type: | Multi Family |
| Neighborhood: | Not in Development | School District: | Not Applicable |
| County: | Berks | Listing Number: | 734264 |
| Listed By: | CENTURY 21 Keim Realtors |
PROPERTY DESCRIPTION
UNIQUE INVESTMENT OPPORTUNITY in this FULLY OCCUPIED 21 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, 12-1BR/ 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 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 11% based on current rents and occupancy. Don't miss out on this unique opportunity!!!
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Interior
Cooling & Heating
| Cooling features: | Window Unit(s) |
Property and Lot Details
Other
| Sewer: | Septic Tank |
Fee
| Annual Tax: | 9606.42 |
Building Information
| Year Built: | 1935 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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