168 West Main Street

168 West Main Street

Kutztown, PA 19530

$1,000,000
Price
16
Beds
7
Baths
13,186 Sq. Ft.
$76 / Sq. Ft.
13,186
Sq. Ft.
$76
per Sq. Ft.
a car parked in front of a building
a car parked in front of a building
a street sign on a street corner
a front view of a house with parking
a view of car parked in front of building
a view of street with parked cars
a bathroom with a granite countertop toilet a sink and a bathtub
a room with storage and utility
wooden floor in an empty room with a window
an empty room with wooden floor and entrance
an empty room with wooden floor and windows
a kitchen with a stove a sink and a refrigerator
an empty room with wooden floor cabinet and windows
an empty room with wooden floor cabinet and windows
a kitchen with a stove sink and cabinets

Description

INVESTMENT OPPORTUNITY in Kutztown. 2 buildings, 6 residential units and 2 commercial spaces are 100% occupied at an 8% CAP Rate. The two restaurants have long term leases. The franchise Takii Ramen Noodle restaurant just moved in and fits nicely with the resurgence Kutztown is experiencing. The residential units are rented to long term tenants. Although the 25 student permits are still valid and up to date the Landlord decided to rent to families. Many recent upgrades throughout. 164 Main St was...INVESTMENT OPPORTUNITY in Kutztown. 2 buildings, 6 residential units and 2 commercial spaces are 100% occupied at an 8% CAP Rate. The two restaurants have long term leases. The franchise Takii Ramen Noodle restaurant just moved in and fits nicely with the resurgence Kutztown is experiencing. The residential units are rented to long term tenants. Although the 25 student permits are still valid and up to date the Landlord decided to rent to families. Many recent upgrades throughout. 164 Main St was renovated top to bottom. New bathrooms, Kitchen and Bedrooms. A new fire system was replaced and upgraded two years ago. The rear lot was paved and lined last year.
  1. Listed by Ken Palumbo • HowardHanna TheFrederickGroup

Property Details for 168 West Main Street

Area
Kutztown
Sub division
Not in Development

Location

Listing Courtesy of HowardHanna TheFrederickGroup
Add your commute
LISTING UPDATED: 02/18/2024 12:50 PM

Property Details for 168 West Main Street

StatusAvailable
MLS #722650
Days on Market240
Taxes$10,775 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Commercial
Year Built1890
Lot Size-
CountyBerks County

Location

Listing Courtesy of HowardHanna TheFrederickGroup
Add your commute

Building Information for 168 West Main Street

Stories-Residences8Year Built1890Building Size-Lot Size-

Payment Calculator

$6,355 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$898

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 168 West Main Street

Summary
Location and General Information
  • Directions: Rte 222 to Main St to property on the left. Park in the lot in the rear or on street parking.
  • School District: Not Applicable
Parking
  • Parking: Paved Lot
  • ParkingSpaces: 12
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,918.00
  • Lawn Snow Removal: $600
  • Maintenance Repair: $0
  • Management: 11694
  • Municipal Taxes: $1,066.00
  • School Taxes: $7,791.00
  • Total Taxes: $10,775.00
Property
Lot Information
  • APN: 55-5443-08-87-5520
  • Zoning Code: res/comm
Property and Assessments
  • County Assessment: $260,100.00
  • Property SubType Category: Commercial
  • Square Footage Source: Tax Records
  • Year Built Exception: Unknown
Utilities
  • Cooling: No Air, Wall AC, Window ACs
  • Electric: 4140
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Electric, Oil
Multi Family
Multi-Family Information
  • Gross Income: $116,484.00
  • Insurance: $6,612
  • Net Income: $91,412.00
  • Operating Expense: $25,072
  • Other Expenses: $840
  • Trash Removal: 2400
  • Total Unit Count: 0
  • Total Units: 8
Unit 2
  • Unit Total2 Bedrooms: 4
Unit 3
  • Unit Total3 Bedrooms: 1
Unit 4
  • Unit Total4 Bedrooms: 1

Property History for 168 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 168 West Main Street

Taxable ValueLand$55,800Additions$77,900Total$133,700
Tax Record2023$5,644 ($470 / month)
Home Facts
Total Finished SqFt7,066 SqFtAbove Grade Finished SqFt7,066 SqFtStories3Lot Size4,792 SqFtStyleStoresYear Built1890CountyBERKSAPN5443-12-87-5417

Schools near 168 West Main Street

This home is within Kutztown Area School District.
Rating
School
Type
Grades
Distance
Kutztown El School
Public - K to 5
Kutztown Area Middle School
Public - 6 to 8
Kutztown Area Senior High School
Public - 9 to 12
Greenwich-Lenhartsville El School
Public - K to 5
Rating
School
Distance
Kutztown El School
PublicK to 5

Kutztown Area Middle School
Public6 to 8

Kutztown Area Senior High School
Public9 to 12

Greenwich-Lenhartsville El School
PublicK to 5

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Kutztown

Neighborhoods

Cities

ZIPs

More information about 168 West Main Street, Kutztown, PA 19530

168 West Main Street is a multi-family home for sale in Kutztown, PA 19530. This property was listed for sale on September 1, 2023 by HowardHanna TheFrederickGroup, it's currently listed at $1,000,000. It has been on the market for a total of 240 days and was last sold on February 28, 2018. This listing's school district is Kutztown Area School District. Nearby schools include Kutztown El School, Kutztown Area Middle School and Kutztown Area Senior High School. 168 West Main Street is a 16-bed, 7-bath, 13,186 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HowardHanna TheFrederickGroup

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.