NOT LISTED FOR SALE

305 W Main St Kutztown, PA 19530

5 Beds
2 Baths
3,000 Sq Ft
2,614 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $205,000 $68 Per Sq Ft

214 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Electric Baseboard Heater
  • No HOA

About This Home

As of February 2020

Perfect Investment Property! Cap Rate at 13%!!! Owner financing available!! A well established retail store is on the first floor. Upstairs, find two spacious apartments just minutes away from Kutztown University and right on the main strip in town. Property is permitted for 10 students. The first apartment has 2 bedrooms, a living room, eat in kitchen and bathroom. The second has three bedrooms, a living room, eat in kitchen and bathroom. Plenty of food & entertainment within walking distance & close to public transportation. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Don Wenner

Real of Pennsylvania License #RS300485 Listed on: 04/26/2019

Real of Pennsylvania

Last Buyer's Agent

James Samois

Keller Williams Real Estate - Allentown License #RM424240

Keller Williams Real Estate - Allentown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 1910

Lot Details

  • 2,614

Home Design

  • 3,000 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 55-5443-12-76-8980

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $2,200
  • Other Expense $15,023
  • Operating Expense $18,781
  • Net Operating Income $38,293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,758

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 15023.00
  • Year Built: 1910
  • Remarks Public: Perfect Investment Property! Cap Rate at 13%!!! Owner financing available!! A well established retail store is on the first floor. Upstairs, find two spacious apartments just minutes away from Kutztown University and right on the main strip in town. Property is permitted for 10 students. The first apartment has 2 bedrooms, a living room, eat in kitchen and bathroom. The second has three bedrooms, a living room, eat in kitchen and bathroom. Plenty of food & entertainment within walking distance & close to public transportation. Don't miss out on this great opportunity!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Laminated
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 94.97
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

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
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: .06 ACRE
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: MIXED USE

Green Features

  • Green Remarks: Perfect Investment Property! A well established retail store is on the first floor. Upstairs, find two spacious apartments just minutes away from Kutztown University and right on the main strip in town. The first apartment has 2 bedrooms, a living room, e

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 46150.00
  • Operating Expense: 785.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1528027
  • Tax Annual Amount: 3758.00
  • Assessor Parcel Number: 55-5443-12-76-8980
  • Tax Year: 2019
  • Close Date: 02/07/2020

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
02/07/2020 02/07/20 Sold $205,000 -28.0% $68 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $284,900 +51.5% $95 / Sq Ft
03/13/2019 03/13/19 Sold $188,000 -46.3% $72 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $349,900 -- $134 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Wenner

    Seller's Agent in 2020

    Don Wenner

    Real of Pennsylvania

    (800) 350-8061

    4 in this area

    1,124 Total Sales

    Don Wenner
    Section Image

  • J

    Buyer's Agent in 2020

    James Samois

    Keller Williams Real Estate - Allentown

    (484) 651-3313

    1 in this area

    79 Total Sales

    James Samois
    Section Image
  • Jonathan Campbell

    Seller's Agent in 2019

    Jonathan Campbell

    Real of Pennsylvania

    (610) 756-2090

    3 in this area

    1,470 Total Sales

    Jonathan Campbell
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    James Harrison

    Real of Pennsylvania

    (800) 350-8061

    256 Total Sales

    James Harrison
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK340224

Bright MLS

Pennsylvania Berks County Kutztown 19530

305 W Main St, Kutztown, PA

This home is located at 305 W Main St, Kutztown, PA 19530 since 26 April 2019. This property was built in 1910. 305 W Main St is a home located in Berks County with nearby schools including Kutztown Area Senior High School, Pleasant Hills Mennonite School, and LIGHTHOUSE ISLAND ACADEMY.

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