$989,000/mo

300 Kennedy Avenue, Longswamp Township, PA 19539

  • 7,000 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon0.97acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Built in 1870, the former SHAMROCK HOTEL & RESTAURANT has been completely renovated 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 $8000 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 work shop for a local contractor. Estimated rent on garage is $500/mo. The main level and former bar/restaurant is one large open flexible space that could easily be used to make existing apartments larger, for tenant storage bins, or a future management office/work shop for the building's new owner. The current owners have dedicated their hearts and souls, over the past 15 years, in converting a 3 unit building, to this beautiful, low maintenance, 7 unit CASH COW, grossing over $8000 per month. 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

Listing Status:
Active
Listing Office:
RE/MAX of Reading : (610) 670-2770
MLS ID:
750229
  • A/C: Wall/Window Unit(s)
  • Heating: Electric

This listing courtesy of RE/MAX of Reading

Location

Schools Nearby

B

Brandywine Heights Intermediate/Middle School

200 W Weis St, Topton, PA, 19562

Grades 4-8

2.84 miles away

B

Brandywine Heights Intermediate/Middle School

200 W Weis St, Topton, PA, 19562

Grades 4-8

2.84 miles away

B

Brandywine Heights High School

103 Old Topton Rd, Mertztown, PA, 19539

Grades 9-12

2.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.