Income
121 W Main St, Kutztown, PA – $365,000
August 14, 2010 by Joe Leone · Leave a Comment
Sold 8-17 – 2010. I represented the Buyer in this transaction. Student housing rental. Currently rented for eight students for the 2010-2011 school year, $3000 a student per semester.
Income
328 PennAve, West Reading, PA – $624,000
July 23, 2010 by Joe Leone · Leave a Comment
Rare 11 Unit Multi-family building in West Reading Boro. All Units are leased. 9 One bedroom apartments, 1 Two Bedroom Apartment & 1 Warehouse/shop space. Additional Coin operated laundry income. Excellent Investment Opportunity. Centrally located in the West Reading Penn Corridor Shopping District. Walking distance to Restaurants, Shopping and other amenities. Minutes to Reading Hospital, Vanity Fair Outlet Mall, Sovereign Center. Public Transportation Available.
Income
1400 Easton Rd, Kintnersville, PA – $375,000
July 21, 2010 by Joe Leone · Leave a Comment
5100 Sf Mixed Use Commercial Property in Durham Twp on busy Route 611. Three commercial storefronts on first floor. Storefront #1 consists of 1885 sf with Roll Up side door and formally used as antique store. Storefront #2 Consists of 600 sf currently vacant, Storefront #3 consists of 560 sf and is vacant. Second Floor consists of 1800 sf 3 BR apartment. Zoned PC-1. AS of Right Uses include Restaurant, Retail, Service Business, Financial Establishment, Veterinary Clinic, Auto Repair, Car Wash, Offices, Medical Offices, Motel / Hotel, Community Center, Commercial School, Manufacturing, Wholesale Business, Truck Terminal, Auto Sales & Nursery. Conditional Uses include Kennel, Mini Market, Amusement Hall, and Professional Studios. Special Exception Uses include Tavern & Adult Commercial Use. Located on Route 611 (Easton Rd) Property is adjacent to Delaware River Canal. Triangular shaped Site. Parcel is in 100 Year Flood Plain. Close to Routes 212, 412, I-78
Income
482-484 Mill Rd, Boyertown, PA – $216,900
July 14, 2010 by Joe Leone · Leave a Comment
2 Unit property located in Douglass Twp, Montgomery County PA. Unit one consists of the main house with 3 bedrooms, one full bath, eat-in kitchen, living room and a bonus room on the second floor. Structure has a front covered porch and a screened in back porch. Unit two consists of a 2 Bedroom 1.5 Bath apartment above an oversized garage. An additional room is located on the first floor. Apartment features Central Air Conditioning, newly renovated oak kitchen with hardwood floor and walk out deck from living room. Both Units have hookups for washer/dryer. Unit one address is 482 Mill St and Unit 2 address is 484 Mill St.There is also a storage barn located on the property. Oversized garage is ideal for woodworking shop or additional storage. Centrall located close to Route 100, 73 and 422. Near Upland Square Shopping Mall.
Income
66 Pleasant Grove Rd – Birdsboro, PA – $825,000
May 10, 2009 by Joe Leone · Leave a Comment
90% Financing Available !!!!!!! 26 acre horse farm in Robeson Twp with main house and 3 income producing rental units ($25,000/yr). Main house is situated at the top of the ¼ mile winding driveway overlooking the horse farm. The house is a 5 Bedroom 2 story secluded stone; cedar home. Interior features include stone fireplace with 100 yr oak flooring in dining/sitting room, 2nd floor Master Suite with cathedral ceiling and balcony, first floor bedroom with own bath and family room with sliders to rear patio. Income units are situated at the bottom of the property as you turn off of the main road and consist of a 1 Bedroom Stone school house, a 2 Bedroom Stucco house with attached garage, and 1 Bedroom first floor apt. adjacent to the storage barn. Horse farm contains 3 fenced pastures with individual run-ins, 100×200 white sand riding arena, hay storage shed, 26×48 3 sided pole barn and storage barn with workshop and garage. Property contains 2 ponds, stream and is in Clean & Green. No showings without appointment!
66 Pleasant Grove Demographics
66 Pleasant Grove Tax Map 1 Zoom
66 Pleasant grove Tax Map 2 Zoom
Income
27 Toll Gate Rd – Douglassville, PA – $449,000
May 6, 2009 by Joe Leone · Leave a Comment
6.22 acres zoned LI near site of new Reading Hospital Surgical Center. This site is ideal for medical offices and other ancillary uses associated with new hospital/surgical center. Current zoning permits the following uses AS OF RIGHT: Business, Professional & Governmental offices; Manufacturing; Municipal Uses; Retail Business Establishments; Warehouse Facilities, Wholesale & Distribution Facilities. By Conditional Use the following is permitted: Industrial Park & Research Facilities. Special Exception Uses include Junk Yards, Metal Processing Facilities, Truck Distribution Center. This site is centrally located. ½ mile to Ben Franklin Highway (Route 422). 20 minutes to Reading, PA; 30 minutes to King of Prussia, PA Bring your Ideas. Owners are willing lease back property for 2 years. Property provides $30,000 year rental income. Income will cary the land while you wait for it to appreciate.
Income
67 Lightcap Rd – Limerick, PA – $599,000
April 30, 2009 by Joe Leone · Leave a Comment
6.34 acres located .2 miles from new Philadelphia Premium Outlet Mall in Limerick Township, PA. Zoned Office / Light Industrial (O/LI). Permitted uses AS OF RIGHT include manufacturing and distribution of materials, offices, corporate headquarters, administrative centers, industrial research and engineering centers and daycare centers. Conditional uses include financial institutions, retail stores, restaurants, medical & dental offices, hotels and large scale recreational facilities. 2864 sf farmhouse is currently on property. Value is in the land.
67 Lightcap Rd -Survey & Yield Study
Income
532 Gravel Pike – Collegeville, PA – $859,000
March 31, 2009 by Joe Leone · Leave a Comment
PRICE JUST REDUCED !!!! ITS NOW PRICED TO SELL !!!! Listing consists of 3 parcels and 3 buildings to be sold as a package. Parcel 1 consists of a 7047 sf building on .55 acres with 15 rooms/apartments and a first floor bar room and hall. Income is derived from liquor sales and room rentals. Hotel Liquor License is included in sale along with all furnishings; fixtures and equipment used in the operation of the business. Parcel 2 consists of a 1440 sf 3 bedroom cape cod on .47 acres. Parcel 3 consists of 5897 sf storage barn on .46 acres. Property has 304 sf frontage on Perkiomen Creek and 307 sf frontage on Gravel Pike. This is a one of a kind property on the waterfront. Hotel building has new roof. This property provides many possibilities for the smart entrepreneur. Call Listing agent for more details.
Income
2 Oesterling Dr – Reading, PA – $950,000
March 24, 2009 by Joe Leone · Leave a Comment
Fully Operating Ice Hockey Rink. Billboard on Property and lease expires Oct 2009. Building owner will negotiate new billboard lease for additional income. Building is ADA compliant. Building can be leased out (with 35 ft Ceilings) as warehouse, distribution warehouse, Flex space, Etc. Property is zoned GI – General Industrial
2 Oesterling Dr – Demographics
2 Oesterling Dr – Tax Map Zoom
2 Oesterling Dr – Satellite Photo
Income
2113 Penn Ave – Reading, PA – $450,000
March 20, 2009 by Joe Leone · Leave a Comment
Multi-Use investment property with 6 income units plus 2 story storage garage. 4 rental units consisting of 4/3/2/1 bedroom apartments. Owner has separate 2 bedroom apartment on 1st fl & Basement. Owner also operates Beauty Salon in 1st floor storefront. 6 incomes for investor!!! Two off-street parking spaces plus 2 car garage. Owner will sell salon business for additional $100,000, or continue to operate business and lease back storefront. 2800 sf garage on 2 floors (1400sf floor plate) is value added bonus. Structure can be built out as two additional apartments (additional income) plus rent out 2 car garage. Owner is flexible and will vacate or rent apartment / sell business or lease back storefront to accommodate the right buyer. 9.26% cap rate.



Thank you for visiting my website. I have been a Commercial broker for over 11 years. I am a South Eastern Pennsylvania Director of KW Commercial, a national network of real estate professionals. I hold real estate brokerage licenses in Pennsylvania, New York State and North Carolina.
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