2942 Kutztown Road
Description
2020 Income 58440
2020 Expenses 29767
2020 NOI 28673Spacious 1st floor apartment with fireplace and rear concrete patio with shed, carport for owners parking. Newer macadam (approx 6 yrs), off street parking. one of roofs replaced recently. Tenants pay own heat and electric. Owners pays water, sewer, taxes, snow removal, grass cutting , 10% management and insurance. Units are in good condition with most leases on a month to month basis and rents could be higher. 6 UNITS TOTAL.
2020 Income 58440
2020 Expenses 29767
2020 NOI 28673
- Listed by: Douglas W Hayward 610.780.9821 dwhnano@gmail.com • Doug Hayward Real Estate
Location
Sold By United Real Estate Strive 212
$2,835 per month
30 year fixed, 7.03% Interest
$2,322
$512
$0
1Property Information for 2942 Kutztown Road
Property Details
- Taxes: $6,148 / year
- MLS Type: Multi-Family / Fee Simple
- County: Berks County
- Tax ID Number: 66-5308-12-96-8306
- Ownership: Fee Simple
- Structure Type: Detached
- Style: Other
- Waterfront: No
- Garage: No
- Subdivision: NONE AVAILABLE
- Subdivision: NONE AVAILABLE (BERKS PA)
- Cross Street: GIRARD
- Municipality: MUHLENBERG TWP
- Total Parking Spaces: 8
- Central Air: No
- Basement: Yes
- Above Grade Finished SQFT: .00
- Above Grade Fin SQFT Source: Assessor
- Below Grade Finished SQFT: .00
- Below Grade Fin SQFT Source: Assessor
- Below Grade Unfinished SQFT: .00
- Below Grade Unfin SQFT Source: Assessor
- Total Below Grade SQFT: .00
- Total Below Grade SQFT Source: Assessor
- New Construction: No
- Property Condition: Very Good
Building Information
- Residences: 4
- Year Built: 1900
- Lot Size: 0.23 AC / 10,018 SF
Location
- School District Name: MUHLENBERG
- School District County ID: 300200397508
- SchoolDistrictSource: 3rd Party
- Elementary School: MUHLENBERG ELEMENTARY CENTER (BERKS PA)
- ElementarySchoolSource: 3rd Party
- Middle Or Junior School: MUHLENBERG (BERKS PA)
- MiddleSchoolSource: Listing Agent
- High School: MUHLENBERG (BERKS PA)
- HighSchoolSource: 3rd Party
- County: BERKS
- MLS Area: Muhlenberg Twp (10266)
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
- Association Recreation Fee Y/N: No
Taxes and Assessment
- Tax Year: 2021
- Tax Assessed Value: $139,300
- Year Assessed: 2021
- County Tax: $1,067
- Improvement Assessed Value: $80,500
- City Town Tax: $697
- Land Assessed Value: $58,800
- Clean Green Assessed: No
- Land Use Code: 4118
- Zoning: C1
- Zoning Dscrp: See Muhlenberg Township Ordinance
- Tax Lot: 8306
- School Tax: $4,385
- Automatically Update Tax Values Y/N: Yes
Lease Information
- Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
- Concessions: No
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 5
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
- Units Furnished: None
- Units Leased Count: 6
- Number Of Units Vacant: 0
- Vacancy Allowance Rate: 5.00%
- Number Of Units Month To Month: 6
- Rent Control: No
Multi Family
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 4
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 4
- Type: Unit 3
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 5
- Type: Unit 4
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Beds Total: 1
- Full Baths Count: 1
- Total Rooms: 3
- Type: Unit 5
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 4
- Type: Unit 6
- Unit Type Occupied YN: Yes
- Unit Type Lease Type: Month to Month
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 4
Financial Information
- Operating Expense: $19,415
- Operating Expense Includes: Insurance, Snow Removal, Trash
- Insurance Expense: $2,000
- Maintenance Expense: $1,800
- Other Expense: $15,390
- Gross Income: $52,596
- Gross Scheduled Income: $55,518
- Net Operating Income: $33,181
- Annual Rental Income: $58,440
- Income Includes: Apartment Rentals
- Cap Rate: 5.70
- Existing Lease Type: Month to Month
Building Info
- Building Units Total: 4
- Total Finished SQFT: .00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: .00
- Total SQFT: .00
- Total SQFT Source: Assessor
- Construction Materials: Vinyl Siding, Stucco
- Roof: Pitched, Shingle
- Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
- Basement Type: Full, Unfinished
- Foundation Details: Permanent
Lot / Land Information
- Lot Size Source: Estimated
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1543665
- Ground Rent Exists: No
Parking
- Type Of Parking: Parking Lot, Attached Carport
- Attached Carport - # of Spaces: 8.0
- Carport Spaces Count: 8
- Parking Features: Paved Parking, Paved Driveway
Interior Features
- Fireplace: Yes
- Fireplaces Count: 1
- Accessibility Features: None
- Window Features: Replacement
Exterior Features
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
Utilities
- Heating: Yes
- Cooling Type: Wall Unit
- Cooling Fuel: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
- List Agent AOR: Reading-Berks Association of REALTORS
Property History for 2942 Kutztown Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 28, 2022 | Closed BRIGHT #PABK2004778 | $435,000 | — |
| Jan 16, 2022 | Pending BRIGHT #PABK2004778 | — | |
| Jan 15, 2022 | Temp Off Market BRIGHT #PABK2004778 | — | |
| Jan 15, 2022 | Pending BRIGHT #PABK2004778 | — | |
| Jan 8, 2022 | Price Change BRIGHT #PABK2004778 | $469,000 | — |
| Nov 22, 2021 | Listed (Active) BRIGHT #PABK2004778 | — | |
| Nov 13, 2021 | Pending BRIGHT #PABK2004778 | — | |
| Oct 30, 2021 | Price Change BRIGHT #PABK2004778 | $499,000 | — |
| Sep 17, 2021 | Listed (Active) BRIGHT #PABK2004778 | $575,000 | — |
| Jun 26, 2015 | Closed (Public Record) Public Record #551904912 | $300,000 | — |
| Jun 26, 2015 | Closed BRIGHT #1002557432 | $300,000 | — |
| Apr 29, 2015 | Pending BRIGHT #1002557432 | — | |
| Mar 23, 2015 | Listed (Active) BRIGHT #1002557432 | $325,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/28/2022 | Closed BRIGHT #PABK2004778 | $435,000 |
| 01/16/2022 | Pending BRIGHT #PABK2004778 | — |
| 01/15/2022 | Temp Off Market BRIGHT #PABK2004778 | — |
| 01/15/2022 | Pending BRIGHT #PABK2004778 | — |
| 01/08/2022 | Price Change BRIGHT #PABK2004778 | $469,000 |
| 11/22/2021 | Listed (Active) BRIGHT #PABK2004778 | — |
| 11/13/2021 | Pending BRIGHT #PABK2004778 | — |
| 10/30/2021 | Price Change BRIGHT #PABK2004778 | $499,000 |
| 09/17/2021 | Listed (Active) BRIGHT #PABK2004778 | $575,000 |
| 06/26/2015 | Closed (Public Record) Public Record #551904912 | $300,000 |
| 06/26/2015 | Closed BRIGHT #1002557432 | $300,000 |
| 04/29/2015 | Pending BRIGHT #1002557432 | — |
| 03/23/2015 | Listed (Active) BRIGHT #1002557432 | $325,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 2942 Kutztown Road
Taxable Value
Land
$58,800Additions
$80,500Tax Record
2026
$2,091 ($174 / month)Home Facts
Total Finished SqFt
5,205 SqFtAbove Grade Finished SqFt
5,205 SqFtStories
2Lot Size
10,019 SqFtStyle
StoresYear Built
1900Year Renovated
1900County
BERKSAPN
66-5308-12-96-8306Schools near 2942 Kutztown Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 3 | |||
| Public - | 4 to 6 | |||
| Public - | 7 to 9 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
Muhlenberg El Center PublicK to 3 | ||
C E Cole Intermediate School Public4 to 6 | ||
Muhlenberg Middle School Public7 to 9 | ||
Muhlenberg High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Doug Hayward Real Estate
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.