10 E Main Street

KUTZTOWN, PA 19530

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 15245
    Sqft(Lot)
$675,000

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.

  • Property Type

    Multi-Family

  • County

    BERKS

  • Style

    Other

  • AD ID

    49099680

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Other
    • Basement Description: Full

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Electric
    • Cooling Fuel: None
    • Heating Fuel: Oil

  • Building Information

    • Year Built: 1900
    • Structure: Other
    • New Construction: No
    • Total Units: 4
    • Built: 1900
    • Construction Material: Vinyl Siding,Aluminum Siding
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 15,245
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.35
    • Architectural Style: Other
    • Stories Total: 3
    • Main Square Feet: 15,245

    Property Information

    • SQ ft: 3,782
    • SQ ft (Living Area): 3,782
    • Total Lot SQ ft: 15,245
    • View: Creek/Stream
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.35
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $6,054
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $141,400

  • Parking Information

    • Garage: 1
    • Garage Type: Additional Storage Area
    • Parking Type: Detached Garage,Off Street,Parking Lot

    Homeowners Association Information

    • Direction: Use GPS

  • School Information

    • School District: KUTZTOWN AREA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Oil
    • Hot Water: Electric

    Location Information

    • Direction: Use GPS
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BuyOwner last updated this listing 04/15/2025 @ 08:27

  • MLS: PABK2055128
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 15,245 sized lot, and 1 parking. are nearby neighborhoods.