Cindy Borelli
Keller Williams Platinum Realty - Wyomissing
(484) 878-4272
55 Total Sales
2 in Kutztown
$305K - $350K Price Range
18 E Main St Kutztown, PA 19530
Kutztown Area
Studio
4
Baths
2,400
Sq Ft
5,662
Sq Ft Lot
Highlights
- Colonial Architecture
- Upgraded Countertops
- Downtown Location
- Open Floorplan
- Tankless Water Heater
- Electric Baseboard Heater
About This Home
As of August 2025Welcome to 18 E Main St in Kutztown. The owners have meticulously maintained this excellent investment opportunity for 42 years. Over the last few years, kitchens and bathrooms have been updated during the change in tenancy. All kitchens have granite counters, tile backsplashes, updated cabinets, electric ranges, and refrigerators. The units have a combination of wall-to-wall carpeting and laminate flooring. All units have private entrances. Virtually a total maintenance-free exterior, replacement insulated windows, and the roof was replaced in 2021. Coin-operated washer and dryer in the basement with an instant water heater to save on electricity costs, since it only heats water on demand for the washer. The owner only pays for water and sewer for the building and electricity for common areas. Tenants pay for electricity, trash removal, and recycling. All tenants have access to the basement laundry facilities via a combination lock. All leases except one are anticipated to be updated by August 2025. Please view the media links for 3D Models. Get your financing together for this 8.9% cap rate.
Last Agent to Sell the Property
(610) 321-3730 joe@joemcgavin.com Realty One Group Supreme License #AB041728A Listed on: 05/24/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,973
Year Built
- Built in 1910
Lot Details
- 5,662 Sq Ft Lot
- Downtown Location
- Level Lot
- Open Lot
- Back Yard
- Property is in excellent condition
Home Design
- Quadruplex
- Colonial Architecture
- Stone Foundation
- Poured Concrete
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- Replacement Windows
- Insulated Windows
- Double Hung Windows
- Open Floorplan
- Carpet
Kitchen
- Electric Oven or Range
- Upgraded Countertops
Laundry
- Electric Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
- Drainage System
- Sump Pump
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
- On-Street Parking
- Parking Lot
- Off-Street Parking
Schools
- Kutztown Elementary And Middle School
- Kutztown Area Senior High School
Utilities
- Vented Exhaust Fan
- Electric Baseboard Heater
- 100 Amp Service
- Tankless Water Heater
- Municipal Trash
Additional Features
- Energy-Efficient Windows
- Exterior Lighting
- Flood Zone Lot
Listing and Financial Details
- The owner pays for water, sewer, electricity
- Tax Lot 8254
- Assessor Parcel Number 55-5443-08-88-8254
Community Details
Overview
- 4 Units
- 2-Story Building
Building Details
- Income includes apartment rentals, laundry
- Insurance Expense $2,972
- Maintenance Expense $605
- Operating Expense $12,139
- Gross Income $56,100
- Net Operating Income $43,094
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2025
Closed on
Aug 1, 2025
Sold by
Bought by
Seller's Agent
Joe McGavin
Realty One Group Supreme
Buyer's Agent
Jeff Dieffenbach
RE/MAX Evolved
List Price
$475,000
Sold Price
$475,000
Views
127
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$376,312
Interest Rate
6.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 1983
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Kutztown, PA
-
Cindy Borelli
-
Paula Douris
Paula Douris
Weichert Realtors
(908) 916-3176
68 Total Sales
1 in Kutztown
$290,000 Price
-
Erica Deuschle
Erica Deuschle
Responds QuicklyKeller Williams Main Line
(610) 463-0417
1,474 Total Sales
1 in Kutztown
$550,000 Price
-
Cass Chies
Cass Chies
Diamond 1st Real Estate, LLC.
(570) 413-0900
342 Total Sales
1 in Kutztown
$336,000 Price
-
Jeff Dieffenbach
Jeff Dieffenbach
RE/MAX Evolved
(484) 755-6146
148 Total Sales
1 in Kutztown
$475,000 Price
-
Anthony Borelli
Anthony Borelli
Century 21 Gold
(484) 755-3767
271 Total Sales
1 in Kutztown
$275,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $475,000 | Signature Abstract | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $380,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $475,000 | 0.0% | $198 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/24/2025 05/24/25 | For Sale | $475,000 | -- | $198 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,384 | $92,800 | $36,800 | $56,000 |
| 2025 | $1,365 | $92,800 | $36,800 | $56,000 |
| 2024 | $4,065 | $92,800 | $36,800 | $56,000 |
| 2023 | $3,917 | $92,800 | $36,800 | $56,000 |
| 2022 | $3,917 | $92,800 | $36,800 | $56,000 |
| 2021 | $3,917 | $92,800 | $36,800 | $56,000 |
| 2020 | $3,917 | $92,800 | $36,800 | $56,000 |
| 2019 | $3,871 | $92,800 | $36,800 | $56,000 |
| 2018 | $3,871 | $92,800 | $36,800 | $56,000 |
| 2017 | $3,844 | $92,800 | $36,800 | $56,000 |
| 2016 | $1,043 | $92,800 | $36,800 | $56,000 |
| 2015 | $1,043 | $92,800 | $36,800 | $56,000 |
| 2014 | $1,043 | $92,800 | $36,800 | $56,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joe McGavin
Seller's Agent in 2025
Joe McGavin
Realty One Group Supreme
(610) 442-4947
79 Total Sales
-
Jeff Dieffenbach
Buyer's Agent in 2025
Jeff Dieffenbach
RE/MAX
(610) 823-8806
148 Total Sales
Map
Source: Bright MLS
MLS Number: PABK2057338
APN: 5443-08-88-8254
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