$1,250,000
 $6,710 est/mo Sourced by Back At You

1563 Old Route 22,Greenwich Twp, PA 19534

Greenwich Twp, PA 19534

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Description

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 12.5% based on current rents and occupancy. Don't miss out on this unique opportunity!!!

Details

MLS #734264
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1935
Days On Site958
Listing Provided ByCENTURY 21 Keim Realtors | Shane R. Keyser

Features

Bed(s)22
Bath(s) 16 Total
SQ Feet13,801
Units21
ZoningVillage/Rural
Acreage9.86

Taxes

Tax Annual Amount10513.29

Area Information

StatePA
CountyBerks
CityGreenwich Twp
Zip Code19534
AreaLenhartsville
Community NameNot in Development
Listing VS Median (in Not in Development)
Price:
$1,250,000
low | high
Med:
$296,000
100% of Average
sqft:
13,801
low | high
Med:
2,469
100% of Average
$ / sqft:
$91
low | high
Med:
$159
25.492974568497% of Average
On site:
958
low | high
Med:
62
100% of Average
Sourced by Back At You

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Learn More About This Property

Pat Foley

Pat Foley

Class Harlan Real Estate

RS139911A (215) 350-2721patfoleyrealtor@gmail.com
StatePA
CountyBerks
CityGreenwich Twp
Zip Code19534
AreaLenhartsville
Community NameNot in Development
Listing VS Median (in Not in Development)
Price:
$1,250,000
low | high
Med:
$296,000
100% of Average
sqft:
13,801
low | high
Med:
2,469
100% of Average
$ / sqft:
$91
low | high
Med:
$159
25.492974568497% of Average
On site:
958
low | high
Med:
62
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $937K - $1.562M
sqft: 10,000 - 17,000
Nearby Listings Property ImageNearby Listings Details
1563 Old Route 22 Property Photo 1
$1,250,000
1563 Old Route 22
Greenwich Twp, PA 19534
Listing Updated: September 29, 2026 at 3:32:07 AM PDT