$239,900
Estimated Payment$1,133/mo
Multi-Family For Sale
Price Drop -$10,000

2825 Kutztown Rd, Reading, PA 19605

4Beds
2Baths
Multi-Family Home In Hyde Park

Attention Investors, Contractors and car enthusiasts. Two unit house with Eight storage units in Muhlenberg Schools. Two unit house is great for rental or owner occupant. House is in good condition with newer roof, some newer flooring, and paint. Long term tenants. Unit one is All on first floor easy access, 2 bedrooms (one walk thru) close to parking lot, very desirable with storage in basement. This apartment is vacant and easy to show. Great unit for owner/occupant. Also has a finished unheated enclosed front porch used as spare room or storage. Unit two is on second floor, 2 bedrooms (one walk thru) with storage in huge attic. Second apartment is rented for $750/month. Owner pays heat, W/S, trash/rec, and hot water. Basement is a common area for tenants with washer dryer hook up. Great place to install coin operated washer and dryer. Eight storage units behind two unit house. Two buildings four units in each building. Units 1-4 are large enough to house cars (9x18), units 5-8 are great for storing materials and equipment (8.5x14). Rents are currently very low with half of the units vacant. Units should easily rent for $75 to $125 per unit. Total storage rents equal $190 per month. If storage units would be fully rented at market rents it would increase your monthly income significantly. All this is located on a large .51 acre lot. Total income $20,880 Expenses are taxes $3751, Insurance $1128, W/S $1520 Gas heat and hot water $2027 Trash/Rec $750.

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2825 Kutztown Rd
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Location
2825 Kutztown Rd Reading, PA 19605
Home Details

Interior Details

Rooms

  • Full Bathrooms: 2

    General

    • Appliances: Range Oven, Refrigerator
    • Fireplace : Yes

    Utilities

    • Heating Details: Gas, Baseboard
    • Cooling: Yes
    • Heating: Yes

    Financial Details

    Tax Details

    • Annual Tax Amount: 3721
    • Zoning: C 1

    HOA

    • Association Amenities: 1 2 1 Acre

      Property Details

      Construction Details

      • Architectural Style: Farmhouse
      • Construction Materials: Aluminum Siding, Vinyl Siding

      Parking

      • Garage: Yes

        MLS Details

        General

        • Days on Homes.com: 53
        • MLS Number: PABK2007234
        • Listed: 12/2/2021
        • Last Updated: 1/21/2022
        • Offered By: Century 21 Gold
        • Listing Source: C21
        Monthly Payment Calculator

        $1,133

        Estimated Mortgage
        Principal & Interest
        $809
        Insurance
        $84
        Taxes
        $240
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Price History
        • DateEventPrice
        • 01/07/2022$10,000$239,900
          Source: C21
        • 12/02/2021listed$249,900
          Source: C21
        Nearby Schools
        • Muhlenberg Elementary Center
          Class size: 15Distance: 1.14 mi
          C+
        • Muhlenberg Middle School
          Class size: 16Distance: 0.84 mi
          C+
        • Muhlenberg High School
          Class size: 15Distance: 1.16 mi
          B-
        Points of Interest

        Airports

        Distance
        • Reading Regional-Carl A. Spaatz Field
          4.9 mi

        Colleges

        Distance
        • Albright College
          1.2 mi
        • Reading Area Community College
          3.9 mi
        • Pennsylvania State University, Penn State Berks
          5.6 mi

        Military Bases

        Distance
        • Fort Indiantown Gap Union
          44.7 mi

        Shopping Centers

        Distance
        • Penn Plaza
          0.6 mi
        • Plaza 222
          0.9 mi
        • Fairgrounds Square Mall
          1.0 mi
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        Listing Agent
        Allen Gehringer
        CENTURY 21 Gold
        Reading, PA
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        $239,900

        4 Beds2 Baths

        2825 Kutztown Rd

        Reading, PA 19605

        Allen Gehringer
        CENTURY 21 Gold