Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,300,000

  • For Sale
  • Active
  • Multi-Family
  • 22 Total Beds
See This Home
Save This Home
See This Home
Save This Home
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!!!

Full Property Details for 1563 Old Route 22

General

  • Price: $1,300,000
  • Taxes: $9,606
  • Status: Active
  • Type: Multi-Family
  • Source: Lehigh_Valley
  • MLS ID: 734264
  • Updated: 12/4/2024
  • Added to Site: 297 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16
  • Full Bathrooms: 16

Bedrooms

  • Total Bedrooms: 22

Location

  • Area: Lenhartsville
  • County: Berks
  • Subdivision: Not in Development

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Cooling Type: Window ACs

Utilities

  • Sewer: Septic
  • Water: Well

Structural Information

  • Construction: Frame
  • Square Feet: 13,801
  • Year Built: 1935

Lot Features

  • Lot Size (Acres): 9.86
  • Lot Size (Sq. Ft.): 429,502
  • Zoning: Village/Rural

Financial Considerations

  • Tax Amount: $9,606.42

Disclosures and Reports

  • Special Conditions: Not Applicable

Listed by CENTURY 21 Keim Realtors

Quickly Find Out More

* Indicates a required field

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking SUBMIT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

We Value Your Privacy

Listing agent

— 1563 Old Route 22 —

  • CENTURY 21 Keim Realtors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1563 Old Route 22

School District:Kutztown Area School District
RatingNameGradesDistance
8
Kutztown Area Senior High School
50 Trexler Ave, Kutztown, PA 19530
9-127.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1563 Old Route 22 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2024
Listed
$1,300,000
490.91%
MLS
6/07/2022
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1563 Old Route 22

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,325
-76%
$248,800
—
2023
$9,606
—
$248,800
—
2022
$9,606
—
$248,800
—
2021
$9,606
—
$248,800
—
2020
$9,606
—
$248,800
—
2019
$9,606
—
$248,800
—
2018
$9,606
—
$248,800
-1%
2017
$9,589
—
$250,200
—
2016
$9,589
—
$250,200
—
2015
$9,589
2%
$250,200
—
2014
$9,412
—
$250,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1563 Old Route 22

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by CENTURY 21 Keim Realtors

1563 Old Route 22, Greenwich Township, PA 19534 (MLS# 734264) is a Multi-Family property with units containing 22 bedrooms and 16 full bathrooms. 1563 Old Route 22 is currently listed for $1,300,000 and was received on March 12, 2024. Want to learn more about 1563 Old Route 22? Do you have questions about finding other Multi-Family real estate for sale in Greenwich Township? You can browse all Greenwich Township real estate or contact a Coldwell Banker agent to request more information.

  • Home
  • Pennsylvania Real Estate
Tour this property