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Multi Unit

328 PennAve, West Reading, PA – $629,000

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.

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Multi Unit

280 W Ridge Pike, Royersford, PA – $749,900

May 19, 2010 by Joe Leone · Leave a Comment 

6.14 Acre Development site zoned Village Commercial  with 155 ft of frontage on West Ridge Pike.  AS OF RIGHT USES include Townhouse Development , Multi-Family Conversion, Mixed Use Development, Business & Professional Offices, Day Care Center, Group Home, Education &  Religious institutions, Personal Service shops, Specialized retail, General Retail, Bank, Restaurant, Tavern, Funeral Home, Clubs, Fraternal Organizations, Outdoor Amusements, Bed & Breakfast.  Present parcel configuration consists of  2 buildings. Building 1 (Approx 3600sf) presently rented as residential .  Building 2 (Approx 700sf ) presently leased as dog grooming salon.  Site is located across the street from Waltz  Golf Center.   Near Philadelphia Outlet Mall.  Centrally located, minutes to Route 422 and Route 100.  Public sewer with on –site water.  Public water available on street.  Seller financing may be available to qualified buyer.  Seller will consider build to suit or ground lease.

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Multi Unit

2201 Spinnerstown Rd, Quakertown, PA – $359,000

December 5, 2009 by Joe Leone · Leave a Comment 

4 Unit multi-use property on corner lot in Milford Township Bucks County, PA.  Units consist two second floor- 2 bedroom 1 bath units with hardwood floors and large open rooms.  Rear 2nd floor Unit has washer and dryer hookup.  First floor one- 1 bedroom studio style 1200 SF apartment features 33X18 great room with stone fireplace, washer and dryer hookups, enclosed front porch and large deck.  1 storefront formerly used as Deli.  Deli contains all equipment and features large walk-in refrigerator, dish washing and coffee areas and public rest room.  Property includes detached 2 car garage and 5 off street parking spots.  All Three apartments are fully rented, producing $2,045 dollar gross income. This property is across from the Spinnerstown Hotel and is centrally located 1/2 mile to the Quakertown exit of the PA Turnpike Northeast Extension.  Also near Rts. 663 and 309.  This property has been significantly reduced and is priced to sell.  Bring your offers!!!!!!  LA to accompany all showings.

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Multi Unit

1339 E Philadelphia Ave – Gilbertsville, PA – $425,000

March 31, 2009 by Joe Leone · Leave a Comment 

Unique Mixed Use property on 1 Acre corner lot on busy Route 73 (E Philadelphia Ave) in Gilbertsville, PA. 2 building site located across from Douglass Township building. Bldg #1 consists of recently renovated 2,600 SF single family house with detached garage . Bldg #2 consists of 1000 SF Ice Cream and fast food shoppe. All lots zoned limited commercial (LC) . 8 room house would be Ideal for professional offices. 3 large rooms on first & second floors, 2 additional rooms on third floor. Full baths on first & second floors. LC zoning permits As of Right Use of Retail, Personal Services, Business Offices, Professional Offices, Single & Multi-family residences & mixed use structures, Special exception & Conditional uses are to numerous to mention. Ice cream shoppe has over $50,000 of new restaurant equipment. Present tenant has 3 year lease @ $18,000/year. 12 parking places are shared between both structures. Centrally located site in Montgomery County ½ mile from Berks County border, ¾ mile from Route 100.

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1339 E Philadelphia Ave Tax Map Lot 70 & 71

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