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22 Beds
16 Baths
13,801 sqft

$1,250,000

1563 Old Route 22, Greenwich Twp PA, 19534

Price per sqft$90.57
Built in1935
Property size13,801 sqft
Property typeCommercial

Overview

Pending

Listed Mar 12, 2024

Updated 35h ago

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!!!

Additional information

MLS® ID
734264

Interior Features

Bedrooms
22
Bathrooms
16
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
9.86 Acres

Other Property Details

Taxes
$10,513
Tax Frequency
Annually
Maintenance Expense
$1,800
55+/Senior Community
No

Courtesy of CENTURY 21 Keim Realtors with Shane R. Keyser, Loren K. Keim Jr.
Listing Contact: (610) 395-0393 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than The Cliff Lewis Experience are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.

Data last updated 9/19/2026

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