Kutztown, PA 19530 10 E Main Street

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Presented By: Coldwell Banker Realty
  • MLS# PABK2055124
  • 03/27/2025
  • Request Tour
  • Request Info
  • SQFT • 4,110

Home Details

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.
Presented By: Coldwell Banker Realty

Interior Features for 10 E Main Street

Other Interior Features

Central Air Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterElectric
Total Stories3

Other Rooms

Entry Level1

General for 10 E Main Street

AccessibilityNone
Association Recreation FeeN
Business TypeOther
CityKUTZTOWN
Construction MaterialsVinyl Siding, Aluminum Siding
Cool FuelNone
CoolingNone
CountyBERKS
DirectionsUse GPS
ExclusionsStudent & Landlord Personal Property
HeatingBaseboard - Electric
Lease Considered Y/NNo
Lot Size Square Feet15246.00
Lot Size UnitsSquare Feet
MLS AreaKutztown Boro (10255)
ModificationTimestamp2025-04-01T00:35:44
MunicipalityKUTZTOWN BORO
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
PossessionNegotiable
Possible UseApartment Building, Apartments, Multi-Family
Price Per Sq Ft Total AG164.23
Property SubtypeOther
Property TypeCommercial Sale
Property UseInvestment
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6054.0
Tax Assessed Value141400.0
Tax Lot8139
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NYes
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCC

Exterior for 10 E Main Street

Building Area Total4110.00
Car Parking Spaces13
InclusionsAll appliances
Land Assessed Value49700.00
Land Use Code121
Lot Dimensions0.00 x 0.00
Lot Size Acres0.35
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces13
Type of ParkingParking Lot
Water Body TypeCreek
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $675,000
MLS#PABK2055124
List Date 03/27/2025
Property Type Commercial
Phone 703.929.4729
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