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USAPAKutztown10 E Main St
10 E Main St, Home with 0 bedrooms, 0 bathrooms and null parking in Kutztown PA | Image 1
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$650,000

10 E Main St, Kutztown, PA

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3782 sqft
Garage Yes
Taxes $6,054
Days Active 99
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $171
MLS® Number PABK2055128

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberPABK2055128
Laundry Level
Central VacNo
FireplaceNo
Acreage0.35
Exterior
GarageYes
Approx. Age1900
BasementFull
DrivewayDetached Garage, Off Street, Parking Lot
Garage Spaces
HeatBaseboard - Electric, Oil
A/CNone
Heating Fuel

Extras

All appliances

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