9.9 Acres of Improved Commercial Land for Sale in Greenwich Township, Pennsylvania

1563 Old Route 22, Greenwich Township, PA 19534

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$1,300,000
9.86 acres
Active sale agoEst $7,860/mo

UNIQUE INVESTMENT OPPORTUNITY in this 20 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, 11-1BR/ 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 residential 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 10% based on current rents and occupancy. Don't miss out on this unique opportunity!!!

13,801
Sq feet
1935
Built

Property details

Community
Lenhartsville
Elevation
358 feet
MLS Number
LVAR 733730
Date Listed

Property taxes

Year not provided
$9,606

This 9.86-acre property is located at 1563 Old Route 22 in Greenwich Township, PA 19534. The property is currently available for sale for $1,300,000. It has a 13,801 sq ft structure built in 1935. Listing data is sourced from Greater Lehigh Valley Realtors # 733730.

Verify sale details at the property source or contact Century 21 Keim Realtors at (877) 208-4158.

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Listing checked and updated . Parcel data by Regrid.

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