300 Kennedy Avenue
Mertztown, PA 19539
- – beds
- – baths
- 7,000 sqft
- ~1 acre lot
- $141 per sqft
- 1870 build
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.
Listing courtesy of BRIGHT / RE/MAX Of Reading
Last checked:
Checking…
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Last updated Jan 15, 2025
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MLS# PABK2052616 —
The Building
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Year Built:1870
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Year Built Source:Estimated
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Roof:Asphalt, Metal
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New Construction:No
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Construction Materials:Stick Built
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Building Units Total:4
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Structure Type:Detached
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Historic:No
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full, Unfinished
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:7000
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Living Area SqFt:7,000 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:Negotiable
Location
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Directions:Use GPS for most accurate directions.
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Latitude:40.50269000
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Longitude:-75.64932000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.97
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:42,253 Sqft
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Inclusions:All appliances and window treatments
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Zoning:COMMERCIAL
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:4281
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 656-9427
- Office phone:
- (610) 670-2770
Taxes
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Tax ID Number:59-5483-03-42-0980
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Tax Year:2024
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Tax Lot:0980
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Tax Annual Amount:$5,425
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Tax Assessed Value:$114,100
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Year Assessed:2024
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School Tax:4137.0
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County Tax:952.00
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City/Town Tax:337.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Electric
Utilities
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Sewer/Septic:On Site Septic
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Hot Water:Electric
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Water Source:Well
Schools
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School District Name:Brandywine Heights Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:17
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Garage:No
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Type of Parking:Parking Lot
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Parking Features:Crushed Stone
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Parking Lot - # of Spaces:17
Extra Units
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:3
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Two Bedroom Units:3
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/14/25
Jan 14, 2025
|
Listed / Active | BRIGHT | $989,000 |