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300 KENNEDY AVENUE, MERTZTOWN, PA 19539
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$895,000
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Home Details for 300 KENNEDY AVENUE
Price
$895,000
Type
Commercial/Industrial
Year Build
1870
Lot Size
1.05
County
BERKS
Tax
$5,359
MLS®️ Listing#
PABK2052070
On exitrealty.com
263 days
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 (800 square feet each), bringing in $8100 per month in rental income. There is also a fully renovated detached garage/shop/storage building 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, coin operated laundry for tenants, storage lockers/rooms for tenants, 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
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- Cooling Information
- Window Unit(s)
- Electric
- Heating Information
- Electric
- Baseboard
- Water Features
- Well
- Utilities
- Cable Available
- Parking
- Parking Lot
Listing Courtesy: RE/MAX Of Reading - 610-670-2770
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Last Updated: 2025-09-05 09:24:03
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$895,000
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