$510,000
$510,000
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5,500 SqFt
SOLD DATE : 04/17/2023
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $92
MLS Listing ID PABK2026744
Sold Date 04/17/23
Style Traditional
Abv Grd Liv Area 5,500
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $9,983
Tax Year 2023
Lot Size 0.920 Acres
Acres 0.92
Property Description
**FYI - For Comp Information - Effective sales price is $525,300. Buyer side commission waived. MULTIPLE OFFERS RECEIVED - OFFER DEADLINE IS 3PM ON SUNDAY 3/5/23. Outstanding investment opportunity in Kutztown. 5500 SF, 12 bedroom property currently operating as a rooming house. Property is permitted for 20 people and would allow student occupancy. Additionally, there is a 2 car detached garage, 4 car detached garage w/ 2nd floor and a a 20 car fenced, paved parking lot.
Property is fully occupied with tenants each renting a room and sharing use of common areas. Majority of tenants are on 6 month leases. There are four shared bathrooms and shower rooms. The property has full basement, updated gas furnace and hot water. There is coin operated laundry in basement. **Owner financing is available to qualified buyers. Contact listing agent for additional details
Location
State PA
County Berks
Area Kutztown Boro (10255)
Zoning CC
Rooms
Basement Full, Fully Finished
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Additional Storage Area
Garage Spaces 26.0
Waterfront N
Water Access N
Roof Type Shingle,Pitched,Flat,Rubber,Asphalt,Other
Accessibility None
Parking Type Detached Garage, Parking Lot
Total Parking Spaces 26
Garage Y
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Kutztown Area
Others
Tax ID 55-5443-08-88-9314 & 55-5443-08-88-9187
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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Bought with Alana Trupe • Horning Farm Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "