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$1,300,000

  • For Sale
  • Active
  • Multi-Family
  • 22 Total Beds
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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!!!

Full Property Details for 1563 Old Route 22

General

  • Price: $1,300,000
  • HOA FEE: $1,800
  • Taxes: $9,606
  • Status: Active
  • Type: Multi-Family
  • Source: Lehigh_Valley
  • MLS ID: 734264
  • Updated: 6/10/2025
  • Added to Site: 677 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16
  • Full Bathrooms: 16

Bedrooms

  • Total Bedrooms: 22

Parking

  • Total Spaces: 40

Location

  • Area: Lenhartsville
  • County: Berks
  • Subdivision: Not in Development
  • Driving Directions: From Rt. 78, take the Lenhartsville exit and go right at the stop sign toward Lenhartsville. Left at the next stop sign onto Old Rt. 22. Over the bridge to property on the left.

School Information

  • Elem School District: Not Applicable
  • Midd School District: Not Applicable
  • High School District: Not Applicable

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Construction: Frame
  • Square Feet: 13,801
  • Living Area: 13,801 Sq. Ft.
  • Year Built: 1935

Lot Features

  • Lot Size (Acres): 9.86
  • Lot Size (Sq. Ft.): 429,502
  • Zoning: Village/Rural

Financial Considerations

  • Maint. Fee: $1,800
  • Operating Expenses: $19,530
  • Tax Amount: $9,606.42
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 45541512865831

Listed by CENTURY 21 Keim Realtors

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Listing agents

— 1563 Old Route 22 —

  • CENTURY 21 Keim Realtors

  • CENTURY 21 Keim Realtors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1563 Old Route 22

School District:Kutztown Area School District
NameGradesDistance
Kutztown Area Senior High School
50 Trexler Avenue, Kutztown, PA 19530
9-127.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1563 Old Route 22 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2024
Listed
$1,300,000
490.91%
MLS
6/07/2022
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1563 Old Route 22

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,616
13%
$248,800
—
2024
$2,325
-76%
$248,800
—
2023
$9,606
—
$248,800
—
2022
$9,606
—
$248,800
—
2021
$9,606
—
$248,800
—
2020
$9,606
—
$248,800
—
2019
$9,606
—
$248,800
—
2018
$9,606
—
$248,800
-1%
2017
$9,589
—
$250,200
—
2016
$9,589
—
$250,200
—
2015
$9,589
2%
$250,200
—
2014
$9,412
—
$250,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by CENTURY 21 Keim Realtors

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1563 Old Route 22, Greenwich, PA 19534 (MLS# 734264) is a Multi-Family property with 21 units containing 22 bedrooms and 16 full bathrooms. 1563 Old Route 22 is currently listed for $1,300,000 and was received on March 12, 2024. Want to learn more about 1563 Old Route 22? Do you have questions about finding other Multi-Family real estate for sale in Greenwich? You can browse all Greenwich real estate or contact a Coldwell Banker agent to request more information.

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