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Built in 1870, the former SHAMROCK HOTEL & RESTAURANT has been completely renovated 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, bringing in $8000 per month in rental income. There is also a fully renovated garage on the property that can hold up to 5 vehicles, and could also be used as owner's storage or work shop for a local contractor. Estimated rent on garage is $500/mo. The main level and former bar/restaurant is one large open flexible space that could easily be used to make existing apartments larger, for tenant storage bins, or a future management office/work shop for the building's new owner. The current owners have dedicated their hearts and souls, over the past 15 years, in converting a 3 unit building, to this beautiful, low maintenance, 7 unit CASH COW, grossing over $8000 per month. 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
| DAYS ON MARKET | 1 | LAST UPDATED | 12/22/2024 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1870 |
| COMMUNITY | Longswamp Twp (10259) | COUNTY | BERKS |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Longswamp Twp (10259) |
| CONSTRUCTION | Brick, Stucco |
| HEAT | Baseboard, Electric |
| LOT | 1.05 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 5425 |
| UTILITIES | Cable Available |
| WATER | Well, Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by RE/MAX Of Reading
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