For Sale
$1,300,000
1563 Old Lenhartsville, PA 19534
20-Unit Rental Property, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Exceptional 20-unit multifamily investment opportunity in Lenhartsville, PA.
- 9.86-acre lot with a mix of unit sizes: two 3-bedroom, two 2-bedroom, eleven 1-bedroom/efficiency, and three storage units.
- Includes a workshop with garage and a separate commercial garage.
- Recent upgrades include new roofs and windows on all main buildings and the commercial garage.
- 100% occupancy with one-year leases and security deposits; strong NOI of $133,470 and cap rate exceeding 10%.
- Owners responsible for water, sewer, and trash.
Property Details for 1563 Old
- Property type
- Residential income homes
- Square Feet
- 13,801 SF
- Year Built
- 1935
- Lot Size (sq. ft)
- 429,502 SF
- Units
- 20
Location Insight
- City
- Lenhartsville
- County
- Berks
- State
- Pennsylvania
- Latitude
- 40.5730234
- Longitude
- -75.8833952
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - 20-Unit Rental Property, High ROI
- Where is the residential income home located?
- The property is located at 1563 Old Lenhartsville, PA.
- What is the asking price?
- The asking price for this property is $1,300,000.
- What are key features of this property?
- This property features: Exceptional 20-unit multifamily investment opportunity in Lenhartsville, PA.; 9.86-acre lot with a mix of unit sizes: two 3-bedroom, two 2-bedroom, eleven 1-bedroom/efficiency, and three storage units.; Includes a workshop with garage and a separate commercial garage.
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