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1563 Old Route 22, Greenwich Township, PA 19534

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For Sale

$1,300,000

22 beds16 baths13,801 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 1935
    Year built

  • $94.20
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!!!
MLS# 734264

Listed By CENTURY 21 Keim Realtors

Property 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

Home seller Meet the Agent,
Shane Keyser

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Shane Keyser

of CENTURY 21 Keim Realtors

License: RS5315754
(610) 509-4768
Learn More About Me

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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