164 -168 West Main Street
Kutztown,
PA
19530
Property Details
List Price: |
$1,000,000 |
Beds: |
16 |
Baths: |
7 |
Status: |
Active |
SqFt: |
13186 |
Agency: |
Howard Hanna The Frederick Group |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1890 |
Notes: |
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. |
MlsNumber: |
722650 |
Estimate Your Monthly Payment
Listing Provided By: |
Howard Hanna The Frederick Group, original listing |
Name: |
Howard Hanna The Frederick Group |
Phone: |
(610) 398-0411 |
Office Name: |
HowardHanna TheFrederickGroup |
Office Phone: |
(610) 398-0411 |
Agent Name: |
Ken Palumbo |
Disclaimer: |
Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |