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$475,000
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  • Key Facts
  • Description
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Key Facts

Type Quadruplex
Levels Residential Income
Size 2400 sqft
Garage No
Taxes $3,973
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $197
MLS® Number PABK2057338

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 18 E Main St in Kutztown. The owners have meticulously maintained this excellent investment opportunity for 42 years. Over the last few years, kitchens and bathrooms have been updated during the change in tenancy. All kitchens have granite counters, tile backsplashes, updated cabinets, electric ranges, and refrigerators. The units have a combination of wall-to-wall carpeting and laminate flooring. All units have private entrances. Virtually a total maintenance-free exterior, replacement insulated windows, and the roof was replaced in 2021. Coin-operated washer and dryer in the basement with an instant water heater to save on electricity costs, since it only heats water on demand for the washer. The owner only pays for water and sewer for the building and electricity for common areas. Tenants pay for electricity, trash removal, and recycling. All tenants have access to the basement laundry facilities via a combination lock. All leases except one are anticipated to be updated by August 2025. Please view the media links for 3D Models. Get your financing together for this 8.9% cap rate.Show Description
MLS® NumberPABK2057338
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
ExteriorExterior Lighting
GarageNo
Approx. Age1910
BasementDrainage System, Full, Outside Entrance, Poured Concrete, Rear Entrance, Sump Pump
DrivewayAsphalt Driveway, Off Street, Parking Lot, On Street
Garage Spaces
HeatBaseboard - Electric, Electric
A/CNone
Heating Fuel

Extras

refrigerator, coin clothes washer, coin clothes dryer

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