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1563 Old Route 22 Lenhartsville, PA $ 1,300,000
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$ 1,300,000 Get more info
1563 Old Route 22
$ 1,300,000
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Share Save

1563 Old Route 22

Lenhartsville, PA, 19534
$ 1,300,000
Baths0.0 Sq 13,801

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Lenhartsville, PA

for $1,300,000. This 13,801 square foot building was built in 1935 on a lot size of 9.86.

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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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,606

Style

Commercial

Lot Size

9.86

Year Built

1935

Town/City

Lenhartsville

County/Region

Berks

MLS | Web ID

733730
Features
General
Sewer Septic
Construction Frame
Cooling Window ACs
Water Well
Parking Spaces 40
County Berks
Zoning Code Village/Rural
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Interior
Level Grade
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Exterior
Road City Road
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* Excluded Features
List By
Shane R. Keyser

Listing Agent

Century 21 Keim Realtors

Broker

ShaneKeyserRealtor@gmail.com

Email

Affordability Calculator

$9,441
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$801
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266713 Elementary School
266625 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/29/2024$1,300,000 Listed Price

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1563 Old Route 22, Lenhartsville, PA, 19534 is a Commercial Property for sale at $1,300,000 with 13,801 sqft and a lot size of 9.86. 1563 Old Route 22 is a studio with 0.0 baths and was built in 1935. The property's zip code is 19534 which is in Lenhartsville, PA

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