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
MLS # | PABK2052070 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active-bright |
Year | 1870 |
Days On Site | 180 |
Listing Provided By | RE/MAX Of Reading | Dave Decembrino |
Story(s) | 2 |
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Units | 7 |
Zoning | COMM |
Acreage | 1.05 |
Property View | Pasture |
Cooling | Window Unit(s) |
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Heating Yes / No | Yes |
Heating | Baseboard - Electric |
Roof | Asphalt, Metal |
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Construction Materials | Brick, Hardi Plank Type, Stucco |
Foundation Details | Stone |
Lot Features | Rural |
Garage Yes / No | No |
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Utilities | Phone, Cable TV Available |
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Sewer | On Site Septic |
Electric | 200+ Amp Service |
Tax Year | 2025 |
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Tax Annual Amount | 5359 |
Tax Lot | 0980 |
State | PA |
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County | BERKS PA |
City | MERTZTOWN |
Zip Code | 19539 |
Area | Longswamp Twp (10259) |
School District | BRANDYWINE HEIGHTS AREA |
Listing VS Median (in 19539) | |
Price: $959,750 low | high Med: $439,900 On site: 180 low | high Med: 78.000000 |