164 W Main St, Kutztown, PA 19530
- $890,000
- 13,186
- SqFt
- List Price
- $890,000
- Price Change
- ▼ $10,000 1780363431
- MLS#
- 756495
- Status
- ACTIVE
- City
- Kutztown
- Area
- Kutztown
- County
- Berks
- Neighborhood
- Not In Development
- Living Area
- 13,186
- Lot Size
- 9,148
- Year Built
- 1890
Property Description
UPDATE: Both Commercial Leases now extended (3 years and 10 years). 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.
Additional Information
- Acres
- 0.21
- Cooling
- None
- Living Area
- 13,186
- Lot Size
- 9,148
- Parking Spaces
- 12
- Region
- Kutztown
- School District
- Not Applicable
- Sewer
- Public Sewer
- Taxes
- $11,154
- Zoning
- Commercial
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Listing provided by Howard Hanna TheFrederickGroup
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