$1,300,000
bedrooms
22
bathrooms
16
square feet
13,801
Acreage
9.86
Open Houses
-
year built
1935
Full Baths
16
Half Baths
0
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!!!
| Location | |
| Subdivision | Not in Development |
| County | Berks |
| Elementary School | - |
| Middle School | - |
| High School | - |
Exact location data not provided
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 734264
Listing agent:
Shane R. Keyser
Listing broker:
Century 21 Keim Realtors
(877) 208-4158
Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, December 4 2024 at 5:53 p.m. EST
Kotohomes National