Kutztown Borough, PA 19530,263 W Main ST

$375,000

Est. payment /mo

$399,000

6.0%
Est.Price: ?

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263 W Main ST Kutztown Borough, PA 19530

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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Listed by RE/MAX Real Estate
Bought with NON MBR Office
agent

Michael Gibbons

Agent | License ID: RS362721

+1(610) 704-9709

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