Under Contract

7421 Sharon Mercer Rd Rd

Lackawannock Twp, PA 16137

$1,000,000 $4,216/Mo

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Overview

Bed

Bath

3.81

Acres(Lot)

Description

29 BEDROOMS AND 21.5 BATHS - COMMERCIAL 14 UNIT INCOME PRODUCING INVESTMENT PROPERTY THAT IS BRICK AND VINYL! STRONG, STABLE, INCOME PRODUCING INVESTMENT OPPORTUNITY! WELL MAINTAINED RENTAL PROPERTY IS SITUATED ON ALMOST 4 ACRES AND IS FULLY OCCUPIED, DELIVERING IMMEDIATE AND RELIABLE CASH FLOW FROM DAY ONE. WITH ALL UNITS CURRENTLY RENTED, THIS PROPERTY OFFERS THE STABILITY INVESTORS LOOK FOR - CONSISTENT OCCUPANCY, ESTABLISHED TENANCY AND DEPENDABLE INCOME. THIS PROPERTY HAS A LOT OF UPDATES IN KITCHENS AND BATHS, FLOORING AND MORE CENTRAL AIR IN ALL UNITS. LOWER LEVEL - 3 APARTMENTS, LAUNDRY, STORAGE ROOMS AND UTILITY ROOMS WITH HALF BATH, MAIN LEVEL - 6 APARTMENTS - UPPER LEVEL - 4 APARTMENTS. GAS /FA FURNACES AND 1 HEAT PUMP. RUBBER MEMBRANE ROOF WITH METAL ACCENTS. UTILITIES PAID B Y TENANT EXCEPT COMMON AREAS AND APARTMENT 13 WHICH HAS THE HEAT PUMP. UNIT 11 2 BED / 1 BATH RENT - $800.00 - UNIT 12 - 2 BED / 2 BATH - $900.00 - UNIT 13 - 3 BED / 2 BATH - $850.00 UNIT 14 - 2 BED / 1 BATH - $675.00. THIS BUILDING CONTAINS 29 BEDROOMS AND 21.5 BATHROOMS THERE IS POTENTIAL FOR RENT INCREASES.

Property Details

Property Type : Residential Income

Price : $1,000,000

AD Id : 89789500

MLS Id : 1770684

Lot Size : 3.81 Acres

Tax Amount : $10,661

Year Built : 1974

County : Mercer

Map

What's Nearby

Nearby Areas

Features

Roofing Information

Other
Interior Features

Roof: Other

Building Information

Year Built: 1974 Construction Materials: Brick, Vinyl Siding Private Pool: No

Lot Information

Lot Dimensions: 420X395 Main Square Feet: 3.81 Acres Lot Size Acres: 3.81

Listing Price Information

Listing Price: $1000000

Tax Information

Annual Tax: $10661

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 30 Off Street

Utility Information

Electricity Available, Natural Gas Available
Location Information

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West Penn MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than ByOwner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: 10/08/2026 @ 05:33

ByOwner last updated this listing 10/08/2026 @ 05:33

MLS: 1770684 LISTED BY: Rose Turuck, BERKSHIRE HATHAWAY THE PREFERRED REALTY 724-981-9771 SOURCE: West Penn MultiList