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129 W MAIN STREET, Kutztown, PA 19530

$1,150,000
Multi Family MLS# 1000258097 ID: 46930043
$1,150,000 Get Rates

Single Building - KUTZTOWN, PA
Premier downtown Kutztown student housing location- Fully rented for the 2017-18 school year. This property has been fully rented each school year for the past 10+ years. Property is permitted for 24 students. Current occupancy is 22 students, all in private bdrms. Bldg has six (6)- 3 bdrm units and two(2)- 2 bdrm units. Additional income from sandwich shop, summer rentals and coin operated laundry. Recent updates include new roof in 2014, rear porch upgrade 2015, Primary HW heater 2014, gas fired boilers, HW flrs and upgrades to fire escapes,2013. Property has updated appliances, master key lock system for ease of key management and dedicated website for marketing. Owner has begun leasing for 2018-19 school year. Cap rate of 10.79 makes this property an excellent investment opportunity.

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Location Information near 129 W MAIN STREET
Offered by Susan Bernhard at John Monaghan Group Of Kutztown

Would you like more information regarding this property?
Please call (610) 683-5333.

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Property Features for 129 W MAIN STREET
Status
Market Status
Available
Last Updated
January 23, 2018
Description
Property Type
Multi Family
Year Built
1892
Stories
3.0
Approx. Lot Size
0.12 Acres

Building Features

  • Basement
  • Stories: 3.0
  • Heating Fuel: Natural Gas

Exterior Features

  • Exterior Construction: Brick
  • Parking: 4 spaces

Legal/Financial

  • Taxes: 12879

Listing Features

  • Property Type: MultiFamily; Single Building

Other Features

  • KUTZTOWN AREA,KUTZTOWN
  • KUTZTOWN,KUTZTOWN AREA
  • KUTZTOWN,Kutztown

Data Provided by TREND MLS

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More information about this $1,150,000 Multi Family at 129 W MAIN STREET

This $1,150,000 Multi Family at 129 W MAIN STREET in Kutztown, PA is presented by Susan Bernhard. This $1,150,000 Multi Family, located in the 19530 zip code, has the following property features: KUTZTOWN,Kutztown, Exterior Construction, Basement, Taxes. This 129 W MAIN STREET Multi Family, located in Berks County , is listed under MLS listing number 1000258097 and has a listing price of $1,150,000. You can find more KUTZTOWN homes for sale here.