13,801 sqft

$1,250,000

1563 OLD ROUTE 22, LENHARTSVILLE PA, 19534

Price per sqft$90.57

Built in1935

Property size13,801 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Mar 28, 2024

Updated 4 days ago

UNIQUE INVESTMENT OPPORTUNITY in this 20 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, 11-1BR/ 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 residential 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 12.5% based on current rents and occupancy. Don't miss out on this unique opportunity!!!

Additional information

MLS^® ID: PABK2041422

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 9.86 Acres

Other Property Details

Taxes: $10,513
Tax Frequency: Annually
Maintenance Expense: $1,800

Listed by Century 21 Keim Realtors
Listing Contact: 6103950393

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/15/2026 at 11:00 PM UTC

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