1563 Old Route 22 Greenwich Township, PA 19534
Multi-Family Home
MLS #: 734264
Listed By CENTURY 21 Keim Realtors
Property InformationDescription
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!!!
Features
- Age: Over 50 Years Old
- Area Amenities: Area Fishing
- Body of Water: Creek
- Lot Size: 5-10 Acres, 9.86 Acres
- Sewer: Septic
- Style: Other Style
- Views: Water
- Water: Well
MAP & DIRECTIONS
School Information
1563 Old Route 22, Greenwich Township, PA 19534
Elementary School
Grades KG-5 |
Public School
GREENWICH-LENHARTSVILLE ELEMENTARY SCHOOL
Lenhartsville, PA 19534
1457 Krumsville Rd # SR737
610.756.6948
Distance: 4.3 mi
School Rating
B-
Student:Teacher Ratio
10:1
Total Students
206
Middle School
Grades 6-8 |
Public School
KUTZTOWN AREA MIDDLE SCHOOL
Kutztown, PA 19530
10 Deisher Ln
610.683.3575
Distance: 7.4 mi
School Rating
C+
Student:Teacher Ratio
12:1
Total Students
306
High School
Grades 9-12 |
Public School
KUTZTOWN AREA SR HIGH SCHOOL
Kutztown, PA 19530
50 Trexler Ave
610.683.7346
Distance: 7.3 mi
School Rating
A-
Student:Teacher Ratio
13:1
Total Students
451
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Hamburg Area Middle School | 4.7 mi | Public | 6-8 | D |
| Hamburg Area High School | 5.0 mi | Public | 9-12 | C |
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.
Demographic Data
Lenhartsville, PA 19534
| Median Age: | 48.6 |
|---|---|
| Married: | 59% |
| Number of Households: | 778 |
| Households with Children: | 20.5% |
Lenhartsville, PA 19534
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
