An income opportunity for the "blue chip" investor who is intrigued by Low-Risk and Long-Term Stability. Come and see this impeccably built and carefully maintained mixed-use commercial property in Myerstown Borough. The exterior is solid Brick construction, with Synthetic Stucco Capping on the windows, and a Standing Seam Metal Roof; all of which should outlive anyone reading this. Construction began in 2008 by Woodland Contractors, and the owner spared no expense inside or out. All mechanicals are in good working order and each unit is in "turn-key" condition. The property includes one Commercial Unit, currently an Optometry practice with a lease extending into November of 2031. The second floor contains two 1-Bedroom Apartments, currently rented for $700/mo. and $800/mo. The rear of the property also contains a large 3-bay Detached Garage with a private entrance from the alley; currently rented for $300/mo. Coin-Operated Laundry machines also produce an additional $55/mo. The doctor's office currently pays $2,625/mo., but is also responsible for 55% of the annual property taxes and 1/3 of the water/sewer bills (respectively adding an $4,675 and $876 onto annual income). This property combines stable long-term income with superior maintenance-free construction. It will move quickly; act swiftly.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
