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Monthly Estimate*
$ 8,004
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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1563 Old Route 22, Greenwich Twp, PA, 19534 is a Multi-Family Home for sale at $1,300,000 with 13,801 sqft and a lot size of 9.86. 1563 Old Route 22 has 22 bedrooms, 16.0 baths, and was built in 1935. The property's zip code is 19534 which is in Greenwich Twp, PA
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