10 E Main St, Kutztown, PA 19530
Local realty services provided by:Better Homes and Gardens Real Estate Premier
10 E Main St,Kutztown, PA 19530
$625,000
- 11 Beds
- - Baths
- 3,782 sq. ft.
- Multi-family
- Active
Listed by:joseph f leone
Office:coldwell banker realty
MLS#:PABK2055128
Source:BRIGHTMLS
Price summary
- Price:$625,000
- Price per sq. ft.:$165.26
About this home
KUTZTOWN STUDENT HOUSING - Incredible opportunity to purchase a well maintained 4 unit building just minutes from Kutztown University. 7.71% 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.
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Home facts
- Year built:1900
- Listing ID #:PABK2055128
- Added:187 day(s) ago
- Updated:September 30, 2025 at 01:34 PM
Rooms and interior
- Bedrooms:11
- Living area:3,782 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Oil
Structure and exterior
- Year built:1900
- Building area:3,782 sq. ft.
- Lot area:0.35 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$165.26
- Tax amount:$6,054 (2025)
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