US English
USD
FOR SALE
$ 1,099,500

129 W Main Street
Kutztown, PA 19530

Multi-Family
Residence
0.12
Lot Size
1of
Map
Photos
Courtesy: Susan Bernhard - John Monaghan Group of Kutztwn
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. 6 of the 8 units are rented for the 2018-19 school year. Cap rate of 10.68 makes this property an excellent investment opportunity.
1004937721
Multi-Family, Other
BERKS
1893
0.12 Acres
Gas Water Heater, Public Water Service
Brick
Public Sewer
School Rating Out of 10
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Data Provided by  GreatSchools.org
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: Susan Bernhard - John Monaghan Group of Kutztwn
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