Mertztown, PA 19539 300 Kennedy Avenue
$959,750
92 more
Presented By: RE/MAX Of Reading
Beds • 12
Beds • 12Home Details
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 (800 square feet each) behind the main building, 1 five car detached rental garage/shop (projected $500/month income) along with 2000 square feet of main level flex space that can easily be used as a coin operated laundry for tenants, storage rooms or lockers for tenants, or 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.
Presented By: RE/MAX Of Reading
Interior Features for 300 Kennedy Avenue
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementFull, Unfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile, Wood
Furnished UnitsNone
Heating FuelElectric, Oil, Propane - Owned
Heating Y/NYes
Hot WaterElectric
General for 300 Kennedy Avenue
Acceptable FinancingConventional, Cash
AccessibilityNone
Architectural StyleTraditional
Association Recreation FeeN
CityMERTZTOWN
Construction MaterialsBrick, Stucco, HardiPlank Type
Cool FuelElectric
CoolingWindow Unit(s)
CountyBERKS
DirectionsUse GPS for most accurate directions.
DisclosuresProp Disclosure
Garage Y/NNo
Gross Income8100.00
HeatingRadiator
Historic Y/NNo
Insurance Expense1800.00
Lease TypeMonth to Month, Yearly
Lot Size Square Feet42253.00
Lot Size UnitsSquare Feet
MLS AreaLongswamp Twp (10259)
MaintenanceExpense4600.00
ModificationTimestamp2025-04-11T14:40:28
MunicipalityLONGSWAMP TWP
Net Operating Income81660.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased7
NumberOfUnitsVacant
One Bedroom Units Count3
Operating Expense15540.00
Other StructuresAbove Grade, Below Grade
OwnerPaysElectricity, Lawn/Shrub Care, Management, Insurance, Sewer, Snow Removal, Trash Collection
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG137.11
Property ConditionVery Good
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
RoofAsphalt, Metal
School DistrictBRANDYWINE HEIGHTS AREA
SewerOn Site Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount5359.0
Tax Assessed Value114100.0
Tax Lot0980
Tax Year2025
Total Actual Rent97200.00
Total SQFT7000
Trash Expense1440.00
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1870
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 300 Kennedy Avenue
Foundation DetailsStone
InclusionsAll appliances and window treatments
Land Assessed Value47500.00
Land Use Code4281
Lot Dimensions0.00 x 0.00
Lot Size Acres0.97
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesCrushed Stone
Parking Lot - # of Spaces17
PoolNo Pool
SpaNo
Total Parking Spaces17
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Additional Details
Price History
