2732 Kutztown Road
$535,000
—
3,000
3,000
$178
Description
7-units with large parking lot. Welcome to 2732 Kutztown Rd, a rare and extraordinary multi-unit investment property located in the heart of Muhlenberg Township. This incredible asset offers a unique combination of rental income steams with 4x Single room units and a one bedroom, living room and kitchenette unit all share 1 bathroom. The main level includes a 3 bedroom unit with central air, laundry, living room, modern kitchen with granite and all appliances and fully renovated full bathroom. Unit...7-units with large parking lot. Welcome to 2732 Kutztown Rd, a rare and extraordinary multi-unit investment property located in the heart of Muhlenberg Township. This incredible asset offers a unique combination of rental income steams with 4x Single room units and a one bedroom, living room and kitchenette unit all share 1 bathroom. The main level includes a 3 bedroom unit with central air, laundry, living room, modern kitchen with granite and all appliances and fully renovated full bathroom. Unit #7 is a lower level unit that includes 2 bedrooms, Living room, Kitchen with all appliances and a fully renovated full bathroom. All 5 units on the 2nd and 3rd floors are currently rented month-to-month. In addition there are 16 parking spaces in the parking lot, 8 spaces on the building side are for the tenants and 8 spaces on the street side are available to rent. Separate electric and separate water heaters for main floor and lower level units, and rooms. Owner pays electric and heat for room rentals and heat for 1st floor unit. Lower level has electric baseboard paid by tenant. Air Conditioning electric is paid by 1st floor tenant for unit #1. Public transportation, shops and restaurants. Opportunity to increase cash flow through rent increases and occupancy optimization. Diversified income streams reduce reliance on single tenants. Enormous long-term appreciation in property value. Contact us today to schedule a viewing and take the first step towards building your Real Estate portfolio.
- Listed by Jonathan Fabian • Iron Valley Real Estate of BerksP: (610)-334-7444 fabiansellshomes@gmail.com
Property Details for 2732 Kutztown Road
Tax ID Number
66-5318-09-05-0068
OwnershipFee Simple
Structure TypeDetached
StyleTraditional
WaterfrontNo
GarageNo
Expected On Market Date07-25-2024
MunicipalityMUHLENBERG TWP
LISTING UPDATED: 11/19/2024 12:24 PM
Property Details for 2732 Kutztown Road
Status | Active |
---|---|
MLS # | PABK2046090 |
Days on Market | 59 |
Taxes | $6,267 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.27 AC / 11,761 SF |
County | Berks County |
Building Information for 2732 Kutztown Road
Stories-Residences4Year Built1930Building Size-Lot Size0.27 AC / 11,761 SF
Property Information for 2732 Kutztown Road
Property History for 2732 Kutztown Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2732 Kutztown Road
Taxable ValueLand$61,200Additions$62,400Total$123,600
Tax Record2024$1,736 ($145 / month)
Home Facts
Total Finished SqFt4,480 SqFtAbove Grade Finished SqFt4,480 SqFtStories2Lot Size11,761 SqFtStyleOffice BuildingYear Built1920CountyBERKSAPN5318-09-05-0068
Schools near 2732 Kutztown Road
This home is within Muhlenberg School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 3 | |||
Public - | 4 to 6 | |||
Public - | 7 to 9 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Muhlenberg El Center PublicK to 3 | ||
C E Cole Intermediate School Public4 to 6 | ||
Muhlenberg Middle School Public7 to 9 | ||
Muhlenberg High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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