164 West Main Street Kutztown, PA $ 1,000,000
164 West Main Street
$ 1,000,000
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164 West Main Street

Kutztown, PA, 19530
$ 1,000,000
Bedrooms16 Baths7.0 Sq 13,186

Monthly Estimate*

$ 6,985

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Multi-Family Home for sale in Kutztown, PA

for $1,000,000 with 16 bedrooms and 7 full baths. This 13,186 square foot home was built in 1890.

INVESTMENT OPPORTUNITY in Kutztown. 2 buildings, 6 residential units and 2 commercial spaces are 100% occupied at an 8% CAP Rate. The two restaurants have long term leases. The franchise Takii Ramen Noodle restaurant just moved in and fits nicely with the resurgence Kutztown is experiencing. The residential units are rented to long term tenants. Although the 25 student permits are still valid and up to date the Landlord decided to rent to families. Many recent upgrades throughout. 164 Main St was renovated top to bottom. New bathrooms, Kitchen and Bedrooms. A new fire system was replaced and upgraded two years ago. The rear lot was paved and lined last year.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

16

Full Bath

7

Property Type

Multi-Family

Taxes

$ 10,775

Style

Commercial

Year Built

1890

Town/City

Kutztown

County/Region

Berks

MLS | Web ID

722650

Features
General
Sewer Public
Construction Brick
Cooling No Air Wall AC Window ACs
Parking Paved Lot
Water Public
Gas Y/N 0
Water/Sewer 0
Electric 4140
Subdivision Not in Development
Parking Spaces 12
County Berks
Zoning Code res/comm
School District Not Applicable
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Interior
Heating 0
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* Excluded Features
List By
Ken Palumbo

Listing Agent

Howardhanna Thefrederickgroup

Broker

KPalumbo60@gmail.com

Email

Affordability Calculator

$7,883
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
$898
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266670 Elementary School
266667 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2023$1,000,000 Listed Price

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164 West Main Street, Kutztown, PA, 19530 is a Multi-Family Home for sale at $1,000,000 with 13,186 sqft. 164 West Main Street has 16 bedrooms, 7.0 baths, and was built in 1890. The property's zip code is 19530 which is in Kutztown, PA