305 West Main Street

Kutztown, PA 19530

$205,000
Last Sold Price
5
Beds
2
Baths
3,000 Sq. Ft.
$68 / Sq. Ft.
3,000
Sq. Ft.
$68
per Sq. Ft.

Description

Perfect Investment Property! Cap Rate at 14%! 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...Perfect Investment Property! Cap Rate at 14%! 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! 600 per month per student average 5-6 students per year. Will average 1200 per month for one unit and 1800 per month for the other. 14400 and 21600 gross for student units. All units leased but 3 bedroom. Students and commercial tenant pays all utilities.
  1. Listed by Jonathan C. Campbell • DLP Realty
  2. Listed by James J. Harrison • DLP Realty

Property Details for 305 West Main Street

Area
Kutztown
Sub division
Not in Development

Location

Listing Courtesy of DLP Realty

Sold By Keller Williams Real Estate

Add your commute
LISTING UPDATED: 02/07/2020 02:49 PM

Property Details for 305 West Main Street

StatusSold & Settled
MLS #609800
Days on Market214
Taxes$3,758 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Commercial
Year Built1910
Lot Size0.06 AC / 2,614 SF
CountyBerks County

Location

Listing Courtesy of DLP Realty

Sold By Keller Williams Real Estate

Add your commute

Building Information for 305 West Main Street

Stories3Residences3Year Built1910Building Size-Lot Size0.06 AC / 2,614 SF

Payment Calculator

$1,432 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,119

Property Taxes

$313

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 305 West Main Street

Summary
Location and General Information
  • Directions: Take Route 222 S & get off exit towards Kutztown, Merge on Kutztown Rd. which becomes E Main St. It turns into W Main St. & building is on left.
  • School District: Not Applicable
Parking
  • Parking: None
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Total Taxes: $3,758.00
Property
Lot Information
  • Acres: 0.06
  • APN: 55-5443-12-76-8980
  • Zoning Code: Commercial
Property and Assessments
  • County Assessment: $90,100.00
  • Features: Balcony, Fire Escape
  • Property SubType Category: Commercial, Mixed Use
Utilities
  • Amount: 3000
  • Amount And Explanation: Sellers Assist
  • Cooling: No Air
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Baseboard, Electric, Oil
Multi Family
Multi-Family Information
  • Gross Income: $46,150.00
  • Insurance: $2,200
  • Net Income: $38,293.00
  • Operating Expense: $7,857
  • Other Expenses: $2,000
  • Trash Removal: 0
  • Total Unit Count: 3
  • Total Units: 3
Unit 2
  • Unit Total2 Bedrooms: 1
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 305 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 305 West Main Street

Taxable ValueLand$39,900Additions$50,200Total$90,100
Tax Record2023$3,803 ($317 / month)
Home Facts
Total Finished SqFt5,968 SqFtAbove Grade Finished SqFt5,968 SqFtStories3Lot Size2,614 SqFtStyleStoresYear Built1910CountyBERKSAPN5443-12-76-8980

Schools near 305 West Main 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 DLP Realty

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.