1563 Old Route 22, Greenwich, PA 19534

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1563 Old Route 22,Greenwich Twp, PA 19534
$1,300,000
  • 22 Beds
  • 16 Baths
  • 13,801 sq. ft.
  • Multi-family
  • Active
Listed by: shane r. keyser, loren k. keim jr.
Office: century 21 keim realtors
MLS#:734264
Source:PA_LVAR

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$94.2

About this home

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 12% based on current rents and occupancy. Don't miss out on this unique opportunity!!!

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Home facts

  • Year built:1935
  • Listing ID #:734264
  • Added:815 day(s) ago
  • Updated:May 25, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:13,801 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1935
  • Building area:13,801 sq. ft.
  • Lot area:9.86 Acres
  • Construction Materials:Frame

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$94.2
  • Tax amount:$10,513

Parking

  • Total parking spaces:40