1. Pennsylvania
  2. Kutztown
  3. 10 E MAIN ST
$650,000

10 E MAIN ST, Kutztown, PA 19530

  • 3,782 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $172/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Date Added:
April 1, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty : 2156412727
Listing Agent:
Joseph F Leone : 6105515830
MLS ID:
PABK2055128
  • General: Other
  • Basement: Full
  • A/C: None
  • Heating: Baseboard - ElectricOil
  • Disability Feature: None

This listing courtesy of Joseph F Leone, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kutztown Elementary School

40 Normal Ave, Kutztown, PA, 19530

Grades KG-5

0.41 miles away

K

Kutztown Area Middle School

10 Deisher Ln, Kutztown, PA, 19530

Grades 6-8

0.65 miles away

K

Kutztown Area Sr High School

50 Trexler Ave, Kutztown, PA, 19530

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.