NOT LISTED FOR SALE

230 W Main St Kutztown, PA 19530

-- Bed
-- Bath
4,000 Sq Ft
4,356 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $620,000 $155 Per Sq Ft

492 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Heating System Uses Steam
  • No HOA

About This Home

As of November 2022

Historic Kutz Building. Great Location. Good Income! Permitted for 15 students rented to 13 and there is a store front called Grab & Go. Most utilities have been updated. Upgrades include: all electrical boxes, some appliances, bathrooms in 3 apartments, a kitchen, some lights replaced to LED. Great location in center of town close to shopping and activities. 5 total apartments plus the store on the main floor. This property has the potential for income growth. Rented for 2023 School year!

Last Agent to Sell the Property

Ansa Sama

Realty One Group Exclusive Listed on: 05/29/2021

Realty One Group Exclusive

Last Buyer's Agent

Elijah McCready

BHHS Fox & Roach-Macungie License #RS356115

BHHS Fox & Roach-Macungie

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in good condition

Parking

  • 5 Open Parking Spaces

Home Design

  • 4,000 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Kutztown Area Senior High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55-5443-12-87-3128

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 4-Story Building

Building Details

  • Income includes apartment rentals, shop rentals
  • Electric Expense $2,000
  • Insurance Expense $3,871
  • Maintenance Expense $1,500
  • Operating Expense $23,300
  • Net Operating Income $54,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,787

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Historic Kutz Building. Great Location. Good Income! Permitted for 15 students rented to 13 and there is a store front called Grab & Go. Most utilities have been updated. Upgrades include: all electrical boxes, some appliances, bathrooms in 3 apartments, a kitchen, some lights replaced to LED. Great location in center of town close to shopping and activities. 5 total apartments plus the store on the main floor. This property has the potential for income growth. Rented for 2023 School year!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Vinyl, Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 158.75
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228/230

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5

Utilities

  • Annual Heating Expense: 6000.00
  • Central Air Conditioning: No
  • Electric Expense: 2000.00
  • Heating Fuel: Oil
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: KUTZTOWN AREA
  • High School: KUTZTOWN AREA SENIOR
  • School District Key: 300200397316
  • High School: KUTZTOWN AREA SENIOR

Lot Info

  • Improvement Assessed Value: 82500.00
  • Land Assessed Value: 54600.00
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: COMMERCIAL

Rental Info

  • Ground Rent Exists: No
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1528267
  • School Tax: 4107.00
  • Tax Annual Amount: 5787.00
  • Assessor Parcel Number: 55-5443-12-87-3128
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 11/30/2022

Multi Family

  • Gross Income: 78150.00
  • Income Includes: Apartment Rentals, Shop Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: KUTZTOWN AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $620,000 -2.4% $155 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $635,000 +2.4% $159 / Sq Ft
09/06/2022 09/06/22 Off Market $620,000 -- --
08/23/2022 08/23/22 Pending -- -- --
06/30/2021 06/30/21 Price Changed $635,000 -5.1% $159 / Sq Ft
05/29/2021 05/29/21 For Sale $669,000 -- $167 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK378398

Bright MLS