216 Greenwich Street

Kutztown, PA 19530

$125,000
Last Sold Price
4
Beds
1,320 Sq. Ft.
$95 / Sq. Ft.
1,320
Sq. Ft.
$95
per Sq. Ft.

Description

Great opportunity to own an approved student housing rental in Kutztown. It is rented for the 21-22 school year. Gross rent for the 21'-22' school year is $18,000 and students pay all utilities. 4 private bedrooms and 1.5 bathrooms. Large kitchen and living room. The property has gas heat and some electric baseboard. Very nice backyard as well as off-street parking for 4 cars. The owners have kept after this property over the years and have improved quite a number of items in the home. Spending approximately...Great opportunity to own an approved student housing rental in Kutztown. It is rented for the 21-22 school year. Gross rent for the 21'-22' school year is $18,000 and students pay all utilities. 4 private bedrooms and 1.5 bathrooms. Large kitchen and living room. The property has gas heat and some electric baseboard. Very nice backyard as well as off-street parking for 4 cars. The owners have kept after this property over the years and have improved quite a number of items in the home. Spending approximately $47,000 since 5/2014, which includes approx. $21,000 on the main floor bedroom addition.
  1. Listed by David M Mattes • RE/MAX Of Reading
    P: 6106702770 dmattes@goberkscounty.com

Property Details for 216 Greenwich Street

Tax ID Number
55-5443-08-78-9594
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Subdivision
KUTZTOWN

Location

Listing Courtesy of RE/MAX Of Reading

Sold By Richard A Zuber Realty-Boyertown

Add your commute
LISTING UPDATED: 08/23/2022 07:47 AM

Property Details for 216 Greenwich Street

StatusClosed
MLS #PABK371798
Days on Market146
Taxes$2,984 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.09 AC / 3,920 SF
CountyBerks County

Location

Listing Courtesy of RE/MAX Of Reading

Sold By Richard A Zuber Realty-Boyertown

Add your commute

Building Information for 216 Greenwich Street

Stories-Residences4Year Built1920Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$931 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$249

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 216 Greenwich Street

Location
Location
  • School District Name: KUTZTOWN AREA
  • School District County ID: 300200397316
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Kutztown Boro (10255)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $70,700
  • Year Assessed: 2021
  • County Tax: $541
  • Improvement Assessed Value: $39,200
  • City Town Tax: $325
  • Land Assessed Value: $31,500
  • Municipal Trash: Yes
  • Land Use Code: 111
  • Zoning: RESIDENTIAL
  • Tax Lot: 9594
  • School Tax: $2,118
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Sewer Maintenance, Taxes - Real Estate, Trash Collection
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 4
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: Some
  • Units Leased Count: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Total Rooms: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
Unit 3
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
Unit 4
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Snow Removal
  • Insurance Expense: $1,587
  • Maintenance Expense: $356
Financial Information
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $16,449
  • Annual Rental Income: $18,000
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.00
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Rear Yard
  • Parcel ID: 1527454
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 4
  • Parking Features: Crushed Stone
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Microwave, Oven/Range - Electric, Washer, Dryer, Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 216 Greenwich 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 216 Greenwich Street

Taxable ValueLand$31,500Additions$39,200Total$70,700
Tax Record2023$2,984 ($249 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,320 SqFtAbove Grade Finished SqFt1,320 SqFtStories2Lot Size3,920 SqFtStyleSingle Family ResidenceYear Built1920CountyBERKSAPN5443-08-78-9594

Schools near 216 Greenwich Street

This home is within Kutztown Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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.

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 RE/MAX Of Reading

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.