164 W Main ST, Kutztown Boro, PA 19530
164 W Main ST, Kutztown Boro, PA 19530
164 W Main ST, Kutztown Boro, PA 19530
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$900,000
Est. payment /mo
13,186 SqFt
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 13,186 sqft

Price per Sqft $68

Subdivision Not In Development

MLS Listing ID 756495

HOA Y/N No

Year Built 1890

Annual Tax Amount $11,154

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Apartment

Property Description

Take advantage of this desirable location in the thriving Kutztown historic downtown area within walking distance to Kutztown University. Approved for both apartments and student rental uses. Purchase this package of two buildings on two parcels with 6 spacious residential and 2 commercial units. Nearly fully rented with 1 unit being filled. Five of the six residential units have been renovated by current owner, one of the commercial spaces was brought up to code, the oil furnace was converted to gas, and the parking lot was paved and lined recently. Priced at a 10.27% CAP rate based on rents and expenses. Call today to inquire about showings. Proof of funding required in order to show. 48 hours mandatory tenant notice period required by tenant leases.

Location

State PA

County Berks

Area Kutztown

Direction From Rt-222 Kutztown Bypass, take Rt-737 exit. Turn south on Krumsville Rd, which becomes Greenwich St. At T-Stop at Main St, turn right. Properties will be on your left. To rear parking, take first left on Nobel St, then left on Sander Alley.

Interior

Heating Baseboard

Cooling None

Fireplace No

Exterior

Parking Features Parking Lot

Water Access Desc Public

Total Parking Spaces 12

Building

Sewer Public Sewer

Water Public

Schools

School District Not Applicable

Others

Senior Community No

Tax ID 55544308875520

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


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Listed by HowardHanna TheFrederickGroup

Nearby Locations

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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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