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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,533 sqft
Price per Sqft $99
Subdivision None Available
MLS Listing ID PABK326682
Sold Date 07/23/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $6,590
Tax Year 2018
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Great investment opportunity in the heart of a college town! Six apartments with grandfathered 18 permits (annual income $98,200). Two store fronts currently leased, an established pizza shop with a 3+ year lease and other store front is being leased yearly. Also included 3 car garage that is rented with storage above. This property has been well maintained and is a turn key investment with a 10% return on investment.
Location
State PA
County Berks
Area Kutztown Boro (10255)
Zoning CC
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Wood, Vinyl
Fireplace N
Heat Source Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available
Water Access N
Roof Type Shingle,Rubber
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Building Description Other, Public Restrooms,Private Restrooms,Security System
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Kutztown Area
Others
Tax ID 55-5443-12-86-0881
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Ronald A Samsel • United Real Estate Strive 212
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