UPDATE: Both Commercial Leases now extended (3 years and 10 years). Take advantage of this desirable location in the thriving Kutztown historic downtown area within walking distance to Kutztown University. Approved for both apartments and student rental uses. Purchase this package of two buildings on two parcels with 6 spacious residential and 2 commercial units. Nearly fully rented with 1 unit being filled. Five of the six residential units have been renovated by current owner, one of the commercial spaces was brought up to code, the oil furnace was converted to gas, and the parking lot was paved and lined recently. Priced at a 10.27% CAP rate based on rents and expenses. Call today to inquire about showings. Proof of funding required in order to show. 48 hours mandatory tenant notice period required by tenant leases.
437 days
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244
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10
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Zillow last checked:
Listing updated:
Listed by:
Carrie C. Ward484-347-2359,
Howard Hanna TheFrederickGroup610-398-0411,
Heather Kidd302-462-5143,
Howard Hanna TheFrederickGroup
Source: GLVR,MLS#: 756495Originating MLS: Lehigh Valley MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 7
Heating
Baseboard
Cooling
None
Interior area
Total interior livable area: 13,186 sqft
Property
Parking
Total spaces: 12
Parking features: Parking Lot
Lot
Size: 9,147 Square Feet
Details
Parcel number: 55544308875520
Zoning: Commercial
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Mixed Use, Multi Family, Apartment
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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