Don't miss this Great Investment Opportunity! Come and See this 13 unit apartment complex near the park in Myerstown. Property includes two apartment houses, a separate barn with an apartment and a large three bay garage, plus off street parking and a coin operated Laundry. All units are currently rented. Barn apartment and large garage are currently being used by the owner. New owner could live here rent free or rent out those two buildings for an instant increase in income. Expansion is possible, as the third floor of 619-621 is completely vacant and could house a few more apartments. The finished space in the barn is on the 2nd and 3rd floors and could be expanded to the 1st floor to make a very large 3 bedroom apartment or two smaller apartments. With the tenants in mind, we are going to start with a three day showing on September 10, 11 & 12. Showings will be between 10:00 am to 4:00pm. A 48 hour notice will be required. Showings can be scheduled ahead of time on showing time. Only pre-qualified buyers please. If any offers are received during those 3 days, they will be reviewed by the owners on the 13th and an answer given by the 14th. See Documents for property information sheets as well as income and expense sheets. Photos were taken of only a few apartments to protect the privacy of the other tenants. The condition of these units does not represent all of the other units as there are some long term tenants in place.
Off market
Zestimate®
$1,672,500
619-701 S Railroad St, Myerstown, PA 17067
--beds
0baths
12,160sqft
MultiFamily
Built in 1900
-- sqft lot
$1,672,500 Zestimate®
$138/sqft
$1,271 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other, Coal, Wall, Electric, Oil
Cooling
- Other, Wall
Interior area
- Total interior livable area: 12,160 sqft
Property
Parking
- Total spaces: 11
- Parking features: Off-street, On-street
Lot
- Size: 0.83 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Myerstown
Sell for more on Zillow
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$1,672,500
2% more+$33,450
With Zillow Showcase(estimated)$1,705,950