1563 OLD ROUTE 22, Lenhartsville, PA 19534
1563 OLD ROUTE 22, Lenhartsville, PA 19534
1563 OLD ROUTE 22, Lenhartsville, PA 19534
49
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Listed by Loren Keim • Century 21 Keim Realtors
$1,250,000
Est. payment /mo
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9.86 Acres Lot
Price Dropped by $50K

1563 OLD ROUTE 22 Lenhartsville, PA 19534

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Hope Greenlee

Hope Greenlee

+1(443) 743-0551

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PABK2041422

Year Built 1935

Annual Tax Amount $10,513

Tax Year 2025

Lot Size 9.860 Acres

Acres 9.86

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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 12.5% based on current rents and occupancy. Don't miss out on this unique opportunity!!!

Location

State PA

County Berks

Area Greenwich Twp (10245)

Zoning COM

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Flooring Tile/Brick, Wood, Carpet

Heat Source Electric

Exterior

Garage Spaces 40.0

Utilities Available Electric Available, Phone, Cable TV Available

Water Access N

Roof Type Flat,Shingle

Street Surface US Highway/Interstate

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 40

Garage N

Building

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Kutztown Area

Others

Tax ID 45-5415-12-86-5831

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://www.aryeo.com/v2/1563-old-us-22-lenhartsville-pa-19534-3243051/branded

Bright MLS (BMLS)

Nearby Locations

Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Phone +1(443) 743-0551

Address 1425 Clarkview Rd, Baltimore, MD 21209, USA

Website https://hopegreenleerealtor.com/

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

Hope Greenlee

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Phone

+1(443) 743-0551

Address

1425 Clarkview Rd, Baltimore, MD 21209, USA

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