300 KENNEDY AVE new to site Save Request In-Person Tour Request Virtual Tour
Mertztown,PA 19539
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $141
MLS Listing ID PABK2052070
Originating Board BRIGHT
Year Built 1870
Annual Tax Amount $5,425
Tax Year 2024
Lot Size 1.050 Acres
Acres 1.05
Lot Dimensions 0.00 x 0.00
Property Description
Built in 1870, the former SHAMROCK HOTEL & RESTAURANT has been completely renovated, with replacement windows throughout, to allow for 7 total rental units on the property, including 5 fully rented apartments in the main hotel building, as well as 2 completely renovated and rented modular homes on the property, bringing in $8100 per month in rental income. There is also a fully renovated garage on the property that can hold up to 5 vehicles and could also be used as owner's storage or workshop for a local contractor. Estimated rent on garage is $500/mo. The main level and former bar/restaurant is one large open flexible space, at approximately 2000 square feet, that could easily be used to make existing apartments larger, for tenant storage bins, or a future management office/workshop for the building's new owner. The current owners have dedicated their hearts and souls, over the past 15 years, in creating a beautiful, low maintenance, 7-unit CASH COW, grossing $8100 per month that any investor would be proud to own! 48 hours' notice is required for any showing, and a current buyer pre-approval, bank letter, or proof of cash funds must be provided to listing agent prior to any showings
Location
State PA
County Berks
Area Longswamp Twp (10259)
Zoning COMM
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Tile/Brick,Wood,Carpet
Inclusions 2 Renovated and Rented Mobile homes on the property, Storage garage/shop.
Heat Source Electric
Exterior
Garage Spaces 17.0
Utilities Available Phone,Cable TV Available
Water Access N
View Pasture
Roof Type Asphalt,Metal
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 17
Garage N
Building
Lot Description Rural
Foundation Stone
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Brandywine Heights Area
Others
Tax ID 59-5483-03-42-0980
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard