• -- Beds
  • -- Baths
  • Commercial
  • Active
129 W MAIN ST, KUTZTOWN - 33959913
129 W MAIN ST, KUTZTOWN - 33959914
129 W MAIN ST, KUTZTOWN - 33959915

Property Description for 129 W MAIN ST, KUTZTOWN PA 19530

Premier downtown Kutztown student housing location- Fully rented for the 2017-18 school year. This property has been fully rented each school year for the past 10+ years. Property is permitted for 24 students. Current occupancy is 22 students, all in private bdrms. Bldg has six (6)- 3 bdrm units and two(2)- 2 bdrm units. Additional income from sandwich shop, summer rentals and coin operated laundry. Recent updates include new roof in 2014, rear porch upgrade 2015, Primary HW heater 2014, gas fired boilers, HW flrs and upgrades to fire escapes,2013. Property has updated appliances, master key lock system for ease of key management and dedicated website for marketing. Owner has begun leasing for 2018-19 school year. Cap rate of 10.79 makes this property an excellent investment opportunity.

  • Property Class: Commercial
  • Listing Status: Active
  • City: KUTZTOWN
  • State: PA
  • Zip: 19530
  • Area: Kutztown Boro
  • Class: Commercial
  • Approx Lot Size: 0.120
  • Baths (F/H): -- / --
  • Lot Sq Ft Apx: 5227.00
  • Year Built: 1892
  • Listing#: 7032777
  • School District: Kutztown
  • Tax Year: 2017
  • List Date: 8/7/2017
  • Last updated on: 11/18/2017

Property Features for 129 W MAIN ST, KUTZTOWN PA 19530

  • Building Or Business: Apartmnt BLD
  • Sewer Septic: Public Sewer
  • Property Age: 125
  • Water: Public
  • Exterior: Brick
  • Floor: Wood, Vinyl
  • Roads: Boro/Township

Additional Information for 129 W MAIN ST, KUTZTOWN PA 19530

  • School District: Kutztown
  • Block Or Square: 87
  • Improv Assessed Amt: $253,900
  • Land Only: False
  • Land Use Code: 4125
  • Lot Dimensions: 0X0
  • Lot Number: 4756
  • Ownership: Fee Simple
  • Property Option: Sale
  • Total Assessment: 310900.00
  • Water Front: False
  • Total Taxes: $12,879
  • Listing Area: Kutztown Boro
  • Subdivision: None Available
  • Annual Gross Expense: 46900.00
  • Annual Gross Income: 151620.00
  • Listing ID: 7032777
Courtesy of John Monaghan Group Of Kutztown
Copyright 2017, TREND. All Rights Reserved.
Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.