$375,000
$399,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
5,148 SqFt
SOLD DATE : 10/04/2023
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,148 sqft
Price per Sqft $72
MLS Listing ID 718739
Sold Date 10/04/23
Construction Status Unknown
HOA Y/N No
Year Built 1910
Annual Tax Amount $4,325
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Commercial
Property Description
Storefront & student housing ~ Mixed use property in the heart of Kutztown ~ Cap rate - 8.7 % , but can be increased with splitting the large bedroom and creating a 6th bedroom ~ Highly visible main street location ~ Commercial store front (leased) ~ Student housing for 6 occupants ~ Rear parking ~ Great location with historical qualities ~ walking distance to stores, schools etc.. ~ Student leases are executed for the next school term ~ May 2024 .
Location
State PA
County Berks
Area Kutztown
Direction 222 - Kutztown exit , located on Min street
Interior
Heating Gas
Cooling None
Fireplace No
Exterior
Parking Features On Site
Water Access Desc Public
Street Surface Asphalt
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Others
Tax ID 5443-12-87-0019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
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Bought with NON MBR Office
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA