- – beds
- – baths
- 13,186 sqft
- 9,148 sqft lot
- $72 per sqft
- 1890 build
Take advantage of this desirable location in the thriving Kutztown historic downtown area within walking distance to Kutztown University. Approved for both apartments and student rental uses. Purchase this package of two buildings on two parcels with 6 spacious residential and 2 commercial units. Nearly fully rented with 1 vacancy being filled. Five of the six residential units have been renovated by current owner, one of the commercial spaces was brought up to code, and the parking lot was paved and lined recently. Priced at a 8.2% CAP rate based on current rents and expenses. CAP rate increases to 9.2% (i.e. a higher return) with both the conversion of the furnace from oil to gas which reduces owner's expenses by over $5,000 annually and with increased rents at the planned turnovers in May and June. Call today to inquire about showings. Proof of funding required in order to show. 48 hours mandatory tenant notice period required by tenant leases.
Last checked:
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Last updated Jun 18, 2025
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MLS# 756495 —
The Building
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Construction Materials:Brick, BrickVeneer
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Year Built:1890
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Number Of Units Total:8
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Building Area:Assessor
Interior
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Living Area:13186.0
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash,Conventional
Location
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Longitude:-75.776588
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Latitude:40.517614
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Apartment
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Property Sub Type Additional:MixedUse
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Zoning:Commercial
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Parcel Number:55544308875520
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Lot Size Acres:0.21
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Lot Size Area:9148.0
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Lot Size Square Feet:9,148 Sqft
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Lot Size Units:SquareFeet
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Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (610) 398-0411
- Office phone:
- (610) 398-0411
Taxes
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Tax Annual Amount:$11,154
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:Baseboard,Oil
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Middle School District:Not Applicable
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High School District:Not Applicable
The Community
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Subdivision Name:Not In Development
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Senior Community:false
Parking
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Parking Features:ParkingLot
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Parking Total:12.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/16/25
Jun 16, 2025
|
Price Changed | GLVR | $950,000 | -7.3% |
5/14/25
May 14, 2025
|
Listed / Active | GLVR | $1,025,000 | 41.4% (5.7% / YR) |
2/28/18
Feb 28, 2018
|
GLVR | $725,000 |