PA > Kutztown
Kutztown, PA 19530,10 E MAIN ST
Kutztown, PA 19530,10 E MAIN ST
Kutztown, PA 19530,10 E MAIN ST
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$675,000
Est. payment /mo
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4,110 SqFt
New

10 E MAIN ST Kutztown, PA 19530

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Tanea Hoffman

Tanea Hoffman

+1(609) 781-6714

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,110 sqft

Price per Sqft $164

MLS Listing ID PABK2055124

Originating Board BRIGHT

Year Built 1900

Available Date 2025-04-01

Annual Tax Amount $6,054

Tax Year 2025

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 0.00 x 0.00

Property Sub-Type Other

Property Description

KUTZTOWN STUDENT HOUSING - Incredible opportunity to purchase a well maintained 4 unit building just minutes from Kutztown University. 7.14% Cap Rate. 12.21% Cash on Cash Return. Property consists of four apartments licensed for 11 students with 11 individual bedrooms, common area, laundry room, off street parking for 13 cars and 3 oversized garage bays. All apartments have one full bath. 0ne 2 student apartment and three 3 student apartments. Landlord pays water, hot water, sewer, taxes, insurance, basement and laundry area electric. Tenants pay for electric, trash, cable and internet (all apartments are electric baseboard heat). 5 meters, one for each unit plus landlord meter. New improvements include new vinyl siding on building (2024) and new roofs on building and two garages(2024) water heater (2019)and $58k addition of two bedrooms to unit 4 apartment to increase total student permit from 9 to 11 bedrooms (2013). All appliances are included in the sale. Centrally located next to Turkey Hill and within walking distance to downtown dining & shopping. Great rental history. Additional rent from summer occupancy and garage rental.

Location

State PA

County Berks

Area Kutztown Boro (10255)

Zoning CC

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Inclusions All appliances

Heat Source Oil

Exterior

Garage Spaces 13.0

Water Access Y

Roof Type Asphalt

Accessibility None

Total Parking Spaces 13

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Kutztown Area

Others

Tax ID 55-5443-08-88-8139

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Joseph F Leone • Coldwell Banker Realty

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agent

Tanea Hoffman

REALTOR® | License ID: NJ 2185133

+1(609) 781-6714

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10 E MAIN ST