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164 -168 West Main Street
Kutztown PA 19530 US

$1,000,000

Active Listing ID 722650
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16 bed
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7.00 Bath (7 Full Bath)
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Other

$1,000,000

Active Listing ID 722650
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164 -168 West Main Street 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1000000
  • unparsedaddress: 164 -168 West Main Street
  • postalcity: Kutztown
  • stateorprovince: PA
  • country: US
  • postalcode: 19530
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 13186
  • livingareaunits: Square Feet
  • listagentfullname: Ken Palumbo
  • listagentemail: KPalumbo60@gmail.com
  • listagentkey: 3yd-LVARPA-palumbok
  • listagentmlsid: palumbok
  • listagentpreferredphone: 6102169934
  • listagentofficephone: 6103980411
  • listofficekey: 3yd-LVARPA-FRED
  • listofficemlsid: FRED
  • 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.
  • sourcesystemid: LVARPA
  • yearbuilt: 1890
  • listingcontractdate: 2023-09-01
  • listagenturl: http://LehighValley.HowardHanna.com
  • countyorparish: Berks
  • constructionmaterials: Brick
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 12
  • parkingfeatures: Paved or Surfaced
  • waterfrontyn: False
  • franchiseaffiliation: Howard Hanna
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/LVARPA/722650/?channel=rexren", "LeadRoutingEmail":"kpalumbo60@gmail.com", "BrokerName":"Howard Hanna The Frederick Group", "ListingTitle":"Commercial - Kutztown, PA", "ListOfficeBrokerMlsId":"881202206", "ListOfficeEmail":"DougFrederick@HowardHanna.com", "ListOfficeAddress1":"3500 Winchester Rd, Ste 201", "ListOfficeAddress2":null, "ListOfficeCity":"Allentown", "ListOfficePostalCode":"18104", "ListOfficeStateOrProvince":"PA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Howard Hanna The Frederick Group", "ListBrokeragePhone":"610-398-0411", "ListBrokerageEmail":"dougfrederick@howardhanna.com", "ListBrokerageWebsiteUrl":"http://LehighValley.HowardHanna.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/LVARPA/c5ababf02375b145012376e8720e009a/20170316144237596.png", "ListBrokerageUnparsedAddress":"3500 Winchester Road", "ListBrokerageUnitNumber":"Suite 201", "ListBrokerageCity":"Allentown", "ListBrokerageStateOrProvince":"PA", "ListBrokeragePostalCode":"18104", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2023-12-10T11:41:45Z", "Neighborhoods":[{"Name":"Kutztown", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":10775, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:40:26 PM GMT
Source Updated Date: 4/30/2024 6:49:39 AM GMT

Courtesy of: Ken Palumbo , HowardHanna TheFrederickGroup, KPalumbo60@gmail.com

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.

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