18 E MAIN ST Coming Soon

Kutztown,PA 19530

$ 475000

- Bed

- Bath

2400 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $197

MLS Listing ID PABK2057338

Style Colonial

Abv Grd Liv Area 2,400

Year Built 1910

Available Date 2025-05-24

Annual Tax Amount $3,973

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Welcome to 18 E Main St in Kutztown. The owners have meticulously maintained this excellent investment opportunity for 42 years. Over the last few years, kitchens and bathrooms have been updated during the change in tenancy. All kitchens have granite counters, tile backsplashes, updated cabinets, electric ranges, and refrigerators. The units have a combination of wall-to-wall carpeting and laminate flooring. All units have private entrances. Virtually a total maintenance-free exterior, replacement insulated windows, and the roof was replaced in 2021. Coin-operated washer and dryer in the basement with an instant water heater to save on electricity costs, since it only heats water on demand for the washer. The owner only pays for water and sewer for the building and electricity for common areas. Tenants pay for electricity, trash removal, and recycling. All tenants have access to the basement laundry facilities via a combination lock. All leases except one are anticipated to be updated by August 2025. Please view the media links for 3D Models. Get your financing together for this 8.9% cap rate.

Location

State PA

County Berks

Area Kutztown Boro (10255)

Zoning CC- BUSINESS COMMERCIAL

Rooms

Basement Drainage System,Full,Outside Entrance,Poured Concrete,Rear Entrance,Sump Pump

Interior

Interior Features Carpet,Combination Kitchen/Living,Combination Kitchen/Dining,Upgraded Countertops

Hot Water Electric,Multi-tank

Heating Baseboard - Electric

Cooling None

Inclusions refrigerator, coin clothes washer, coin clothes dryer

Equipment Dryer - Electric,Exhaust Fan,Oven/Range - Electric,Refrigerator,Washer,Water Heater - High-Efficiency,Water Heater - Tankless

Fireplace N

Window Features Double Hung,Energy Efficient,Insulated,Replacement

Appliance Dryer - Electric,Exhaust Fan,Oven/Range - Electric,Refrigerator,Washer,Water Heater - High-Efficiency,Water Heater - Tankless

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Asphalt

Street Surface Black Top

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 4

Garage N

Building

Lot Description Flood Plain,Level,Not In Development,Open,Rear Yard,Road Frontage

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade,Below Grade

New Construction N

Schools

Elementary Schools Kutztown

Middle Schools Kutztown

High Schools Kutztown Area Senior

School District Kutztown Area

Others

Tax ID 55-5443-08-88-8254

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=AFfpK2mWYzi&mls=1

View More
Favorite Go Tour