NOT LISTED FOR SALE

318 W Main St Kutztown, PA 19530

-- Bed
-- Bath
2,106 Sq Ft
3,049 Sq Ft Lot

Last Sold August 29, 2019

Last sale price $180,000 $85 Per Sq Ft

79 Days on Market

Highlights

  • Traditional Floor Plan
  • No HOA
  • Electric Baseboard Heater
  • Traditional Architecture
  • Balcony
  • Multi-Tank Water Heater

About This Home

As of August 2019

Perfect investment property on Main Street in Kutztown. This 3 unit is zoned for 4 students and 1 retail space (presently licensed for a barbershop). Great income potential. Within walking distance to Main Campus. Owner pays for water/ sewer tenants pay for electric heat. One unit is presently rented the rest of the building is a clean slate for you to install your hand pick qualified tenants. Off street parking behind building for 4 maybe 5 cars. Easy to show.

Last Agent to Sell the Property

Allen Gehringer

Century 21 Gold License #AB065149 Listed on: 05/19/2019

Century 21 Gold

Last Buyer's Agent

Cecilia Leone

Century 21 Emerald

Century 21 Emerald

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1864

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 21x160
  • Property is in good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Plaster Walls
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 2,106 Sq Ft Home
  • Traditional Floor Plan
  • Vinyl Clad Windows
  • Insulated Windows
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Stone Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Multi-Tank Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, insurance, sewer, snow removal, real estate taxes, water
  • Tax Lot 0607
  • Assessor Parcel Number 55-5443-12-86-0607

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $600
  • Maintenance Expense $1,500
  • Net Operating Income $21,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,333

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: 2 Barber Chairs, Barber Light and Barber Sign, Neon Open Sign, Barber Back Bar, Lather Machine, Answering Machine
  • Home Warranty: No
  • Inclusions: 2nd Floor Unit Range & Refrigerator
  • New Construction: No
  • Year Built: 1864
  • Remarks Public: Perfect investment property on Main Street in Kutztown. This 3 unit is zoned for 4 students and 1 retail space (presently licensed for a barbershop). Great income potential. Within walking distance to Main Campus. Owner pays for water/ sewer tenants pay for electric heat. One unit is presently rented the rest of the building is a clean slate for you to install your hand pick qualified tenants. Off street parking behind building for 4 maybe 5 cars. Easy to show.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Floor Plan - Traditional
  • Window Features: Insulated, Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: No
  • Total Sq Ft: 2106
  • Living Area Sq Ft: 2106
  • Price Per Sq Ft: 118.66
  • Above Grade Finished Sq Ft: 2106
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 318

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Masonry
  • Road Surface Type: Alley
  • Roof: Flat, Metal, Pitched, Shingle
  • 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: 4
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Sewer Available, Water Available
  • Monthly Water Average: 200
  • Water Previous Twelve Months: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: KUTZTOWN AREA
  • School District Key: 300200397316
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28800.00
  • Land Assessed Value: 51100.00
  • Land Use Code: 4118
  • Lot Size Acres: 0.07
  • Lot Dimensions: 21x160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: CC
  • Zoning Description: Commercial Central

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Advertising/Licenses And Permits, Insurance, Sewer, Snow Removal, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 31200.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1528130
  • School Tax: 2393.00
  • Tax Annual Amount: 3333.00
  • Assessor Parcel Number: 55-5443-12-86-0607
  • Tax Lot: 0607
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/29/2019

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 31200.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1
  • Vacancy Allowance Rate: 5.00

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
08/29/2019 08/29/19 Sold $180,000 -28.0% $85 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $249,900 -3.8% $119 / Sq Ft
05/19/2019 05/19/19 For Sale $259,900 -- $123 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Allen Gehringer

    Seller's Agent in 2019

    Allen Gehringer

    Century 21 Gold

    (484) 269-4957

    2 in this area

    30 Total Sales

    Section Image
  • Cecilia Leone

    Buyer's Agent in 2019

    Cecilia Leone

    Century 21 Emerald

    (484) 794-5959

    11 in this area

    155 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PABK341792

Bright MLS

Pennsylvania Berks County Kutztown 19530

318 W Main St, Kutztown, PA

This home is located at 318 W Main St, Kutztown, PA 19530 since 19 May 2019. This property was built in 1864. 318 W Main St is a home located in Berks County with nearby schools including Kutztown Area Senior High School, Pleasant Hills Mennonite School, and White Oak Ridge School.

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