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
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelOil
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesOther
Total Stories3
General for 10 E Main Street
AccessibilityNone
Architectural StyleOther
Association Recreation FeeN
CityKUTZTOWN
Construction MaterialsVinyl Siding, Aluminum Siding
Cool FuelNone
CoolingNone
CountyBERKS
DirectionsUse GPS
ExclusionsStudent & Landlord Personal Property
Garage Spaces1.00
Garage Y/NYes
HeatingBaseboard - Electric
Home Warranty Y/NNo
Lot Size Square Feet15245.00
Lot Size UnitsSquare Feet
MLS AreaKutztown Boro (10255)
ModificationTimestamp2025-04-01T00:31:35
MunicipalityKUTZTOWN BORO
New ConstructionNo
Number Of Units Total4
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG178.48
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictKUTZTOWN AREA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount6054.0
Tax Assessed Value141400.0
Tax Lot8139
Tax Year2025
Total Rooms17
Total SQFT3782
Two Bedroom4
Vacation Rental Y/NNo
ViewCreek/Stream
Water Access Y/NYes
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCC
Exterior for 10 E Main Street
# of Detached Garage Spaces1
Garage FeaturesAdditional Storage Area
InclusionsAll appliances
Land Assessed Value49700.00
Land Use Code121
Lot Dimensions0.00 x 0.00
Lot FeaturesLevel, Rear Yard, Stream/Creek
Lot Size Acres0.35
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Parking Lot - # of Spaces12
PoolNo Pool
Total Parking Spaces13
Type of ParkingDetached Garage, Off Street, Parking Lot
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