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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 8,533 sqft
Price per Sqft $99
MLS Listing ID PABK340550
Sold Date 07/23/19
Style Traditional
HOA Y/N N
Abv Grd Liv Area 8,533
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
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
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