300 Kennedy Ave

Mertztown, PA 19539

$989,000
Price
Beds
Baths
7,000 Sq. Ft.
$141 / Sq. Ft.
7,000
Sq. Ft.
$141
per Sq. Ft.

Description

The former SHAMROCK Hotel has a Gross Monthly Income of $8100! Taxes are $5425/year on the 4 fully rented residential units, PLUS 1 fully rented additional residential unit in the main building, 2 renovated and fully rented modular homes behind the main building, 1 five car rental garage/shop (projected $500/month income) along with 2000 square feet of main level flex space that can easily be used to increase the bedroom sizes and living space of the other units in the building. Gross annual income...The former SHAMROCK Hotel has a Gross Monthly Income of $8100! Taxes are $5425/year on the 4 fully rented residential units, PLUS 1 fully rented additional residential unit in the main building, 2 renovated and fully rented modular homes behind the main building, 1 five car rental garage/shop (projected $500/month income) along with 2000 square feet of main level flex space that can easily be used to increase the bedroom sizes and living space of the other units in the building. Gross annual income is $97,200. with $15,540. in annual operating expenses. This property is a TRUE CASH COW and can also be viewed at PABK2052070.
  1. Listed by Dave Decembrino • RE/MAX Of Reading
    P: (610)-656-9427 ddecembrino@goberkscounty.com

Property Details for 300 Kennedy Avenue

Tax ID Number
59-5483-03-42-0980
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Municipality
LONGSWAMP TWP
Total Parking Spaces
17
LISTING UPDATED: 03/04/2025 02:00 AM

Property Details for 300 Kennedy Avenue

StatusActive
MLS #PABK2052616
Days on Market76
Taxes$5,359 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1870
Lot Size0.97 AC / 42,253 SF
CountyBerks County

Building Information for 300 Kennedy Avenue

Stories-Residences4Year Built1870Building Size-Lot Size0.97 AC / 42,253 SF

Property Information for 300 Kennedy Avenue

Location
Location
  • School District Name: BRANDYWINE HEIGHTS AREA
  • School District County ID: 300200397309
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Longswamp Twp (10259)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $114,100
  • Year Assessed: 2025
  • County Tax: $1,028
  • Improvement Assessed Value: $66,600
  • City Town Tax: $194
  • Land Assessed Value: $47,500
  • Clean Green Assessed: No
  • Land Use Code: 4281
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: COMMERCIAL
  • Tax Lot: 0980
  • School Tax: $4,137
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lease Information
Lease Information
  • Owner Pays: Electricity, Lawn/Shrub Care, Management, Insurance, Sewer, Snow Removal, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 1
  • Units Furnished: None
  • Units Leased Count: 7
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $15,540
  • Insurance Expense: $1,800
  • Trash Expense: $1,440
  • Maintenance Expense: $4,600
  • Other Expense: $7,700
Financial Information
  • Gross Income: $8,100
  • Net Operating Income: $81,660
  • Annual Rental Income: $97,200
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 7,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1532238
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 17
  • Parking Features: Crushed Stone
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent Office Ext: 3161
  • List Agent Preferred Phone Ext: 3161
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 300 Kennedy Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 300 Kennedy Avenue

Taxable ValueLand$47,500Additions$66,600Total$114,100
Tax Record2024$1,289 ($107 / month)
Home Facts
Total Finished SqFt10,660 SqFtAbove Grade Finished SqFt10,660 SqFtStories2Lot Size42,253 SqFtStyleRestaurantYear Built1870CountyBERKSAPN59548303420980

Schools near 300 Kennedy Avenue

This home is within Brandywine Heights Area School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Brandywine Heights Elementary School
PublicK to 3

Brandywine Heights Intrmd/Ms
Public4 to 8

Brandywine Heights High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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300 Kennedy Avenue is a multi-family home for sale in Mertztown, PA 19539. This property was listed for sale on January 14, 2025 by RE/MAX Of Reading, it's currently listed at $989,000. It has been on the market for a total of 76 days and was last sold on January 16, 2009. This listing's school district is Brandywine Heights Area School District. Nearby schools include Brandywine Heights Elementary School, Brandywine Heights Intrmd/Ms and Brandywine Heights High School. 300 Kennedy Avenue is a 0-bed, 0-bath, 7,000 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Of Reading

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.