Property profile & analytics
1563 Old Lenhartsville, PA 19534
- Residential income homes
- 13,801 SF
- 9.86 lot acres
For Sale
View listing
$1,300,000
Value Estimation
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 1563 Old
- Year built
- 1935
- Lot size
- 9.86 lot acres
- Property size
- 13,801 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a 20-unit multifamily property in Lenhartsville, PA, boasting a substantial 9.86-acre lot. The portfolio comprises a mix of unit sizes: two 3-bedroom units, two 2-bedroom units, eleven 1-bedroom/efficiency units, and three storage spaces. Further enhancing the property's value are a workshop with garage and a separate commercial garage. Recent upgrades include new roofs and windows on all main buildings and the commercial garage. Currently, all 20 units are fully occupied under one-year leases with security deposits in place. The property generates a strong net operating income (NOI) of $133,470, translating to a compelling cap rate exceeding 10%. Owners cover water, sewer, and trash
Value Estimation
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Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lenhartsville
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.8834
- Latitude
- 40.573
