Commercial For Sale: USA Pennsylvania Greenwich Township 1563 Old Route 22
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$1,300,000 USD

1563 Old Route 22
Greenwich Township, Pennsylvania 19534
USA
1,282.113 m2 :: 13,801 sqft
Commercial for Sale, Other Commercial Property
Land size: 3.99 ha :: 9.86 acres
Sale price per sqm: 1,013.92
Tax: 9,606 USD
CENTURY 21 Keim Realtors
90 North Cedar Crest Boulevard
Allentown, Pennsylvania 18104, United States
Phone: 6103950393

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Remarks:

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:

  • Year Built: 1935
  • Building age: Over 50 years old
  • Utilities: Well, Septic tank

Location:

1563 Old Route 22, Greenwich Township, Pennsylvania 19534, USA
Listed By CENTURY 21 Keim Realtors

The Commercial for Sale, Other Commercial Property located at 1563 Old Route 22, Greenwich Township, Pennsylvania 19534, USA is currently for sale. 1563 Old Route 22, Greenwich Township, Pennsylvania 19534, USA is listed for $1,300,000 USD. This property has 13,801 sqft. If the property located at 1563 Old Route 22, Greenwich Township, Pennsylvania 19534, USA isn't what you're looking for, search Pennsylvania Real Estate to see other Commercial For Sale in Greenwich Township.

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