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11 E Main St
Kutztown, PA 19530

11 E Main Street Kutztown · Multifamily Property For Sale · 30 Units

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.57 AC
Building Size 41,663 SF
No. Stories 3
Year Built 1910
Parking Ratio 0.4/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

About 11 E Main St , Kutztown, PA 19530

Attention Investors! Excellent opportunity for major cashflow under 1 roof. Crashpad Properties University housing is conveniently located in downtown Kutztown. Great location, right in the center of town within walking distance of Kutztown University, nightlife, restaurants, and the community park. This property historically features excellent occupancy rates with 25 residential units and 5 commercial units. Property is currently licensed for 43 students and features 5 additional commercial units on the first floor. Fully occupied during school year, 40% +/- in summer. All electric was upgraded in 2007 including electric heat in all units, with separate meters for each. Landlord pays water, sewer, trash, and common area electric. Many other upgrades completed over the last 10 years. Off-street parking in the rear of the building for approx 20 cars.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
6+1 1 - 1,500

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-5443-08-88-6366
Land Assessment
$88,400
Improvements Assessment
$626,700
Total Assessment
$715,100

zoning

Zoning Code C
C
  • Listing ID: 15631742

  • Date on Market: 4/4/2019

  • Last Updated:

  • Address: 11 E Main St, Kutztown, PA 19530

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