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300 Kennedy Avenue

MERTZTOWN, PA 19539
  • $989,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: PABK2052616
UPDATED: 11 min ago
$989,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1870
County:

School Ratings & Info

School District:

Description

The former SHAMROCK Hotel has a Gross Monthly Income of $8100!!! Taxes are $5425/year on the 4 fully rented residential units, PLUS 1 fully rented additional residential unit in the main building, 2 renovated and fully rented modular homes behind the main building, 1 five car rental garage/shop (projected $500/month income) along with 2000 square feet of main level flex space that can easily be used to increase the bedroom sizes and living space of the other units in the building. Gross annual income is $97,200. with $15,540. in annual operating expenses. This property is a TRUE CASH COW and can also be viewed at PABK2052070.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 100. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T18:51:36.433.
www.gabrielaa-team.com/homes/159439221
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300 Kennedy Avenue MERTZTOWN, PA 19539

  • Price: $989,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 11 min ago
  • ID#: PABK2052616
0
Beds
0
Baths
0
½ Baths
0.97
Acres
7,000
SQFT
$141
$/SQFT
1870
Built
Neighborhood:
Longswamp Twp (10259)
County:
Berks
Area:
Longswamp Twp (10259)
School District:
Brandywine Heights Area
Property Description
The former SHAMROCK Hotel has a Gross Monthly Income of $8100!!! Taxes are $5425/year on the 4 fully rented residential units, PLUS 1 fully rented additional residential unit in the main building, 2 renovated and fully rented modular homes behind the main building, 1 five car rental garage/shop (projected $500/month income) along with 2000 square feet of main level flex space that can easily be used to increase the bedroom sizes and living space of the other units in the building. Gross annual income is $97,200. with $15,540. in annual operating expenses. This property is a TRUE CASH COW and can also be viewed at PABK2052070.
Exterior Features

Architectural Style Traditional Construction Materials Stick Built Garage YN No Parking Features Crushed Stone Parking Types Parking Lot Pool No Pool Property Condition Very Good Roof AsphaltMetal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 7000 Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Heating Radiator Heating YN Yes Inclusions All appliances and window treatments Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 3 Units Furnished None

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type Month to MonthYearly Foundation Details Stone Gross Income 8100.00 Heating Fuel Electric Historic YN No Hot Water Electric Insurance Expense 1800.00 Maintenance Expense 4600.00 Municipality LONGSWAMP TWP Navigable Water YN N Net Operating Income 81660.00 New Construction YN No Number Of Units Leased 7 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 15540.00 Original MLSNumber 803570935082 Owner Pays ElectricityLawn/Shrub CareManagementInsuranceSewerSnow RemovalTrash Collection Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 5425.00 Tax Lot 0980 Total Actual Rent 97200.00 Trash Expense 1440.00 Vacation Rental YN No Water Source Well Zoning COMMERCIAL

Listing courtesy of RE/MAX Of Reading: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 100. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T18:51:36.433.
 
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