$1,025,000
$1,100,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
8,533 SqFt
SOLD DATE : 02/25/2022
Key Details
Sold Price $1,025,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,533 sqft
Price per Sqft $120
Subdivision None Available
MLS Listing ID PABK2005812
Sold Date 02/25/22
Originating Board BRIGHT
Year Built 1891
Annual Tax Amount $6,669
Tax Year 2021
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Kutztown University Student Housing with 18 permits for 6 Units with well established Pizza Shop and another commercial store front. 3 car garage outback with extra storage area. There are 4 parking spaces not including the garage. Expenses-student housing pay electric and trash, small store front unit pays electric and trash, Pizza Shop has it's own water and sewer and pays electric, water, sewer and trash. Basic cable and internet with leases. Building was renovated in 2020 this is a turn key operation!
Location
State PA
County Berks
Area Kutztown Boro (10255)
Zoning CC15
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Wood, Vinyl
Heat Source Electric
Exterior
Garage Spaces 20.0
Utilities Available Water Available, Sewer Available, Natural Gas Available
Water Access N
View Courtyard, Garden/Lawn, Street
Roof Type Shingle,Rubber
Street Surface Paved
Accessibility 2+ Access Exits
Road Frontage Boro/Township
Total Parking Spaces 20
Garage N
Building
Lot Description Cleared, Landscaping, Open, Rear Yard, SideYard(s)
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Kutztown Area
Others
Tax ID 55-5443-12-86-0881
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Gary A Pace • Richard A Zuber Realty-Royersford
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”