Property

Reading, PA 19605 2732 Kutztown Road

Pending
2732 Kutztown Road Reading, PA - Image 12732 Kutztown Road Reading, PA - Image 22732 Kutztown Road Reading, PA - Image 3
47 more
2732 Kutztown Road Reading, PA - Image 42732 Kutztown Road Reading, PA - Image 52732 Kutztown Road Reading, PA - Image 62732 Kutztown Road Reading, PA - Image 72732 Kutztown Road Reading, PA - Image 82732 Kutztown Road Reading, PA - Image 92732 Kutztown Road Reading, PA - Image 102732 Kutztown Road Reading, PA - Image 112732 Kutztown Road Reading, PA - Image 122732 Kutztown Road Reading, PA - Image 132732 Kutztown Road Reading, PA - Image 142732 Kutztown Road Reading, PA - Image 152732 Kutztown Road Reading, PA - Image 162732 Kutztown Road Reading, PA - Image 172732 Kutztown Road Reading, PA - Image 182732 Kutztown Road Reading, PA - Image 192732 Kutztown Road Reading, PA - Image 202732 Kutztown Road Reading, PA - Image 212732 Kutztown Road Reading, PA - Image 222732 Kutztown Road Reading, PA - Image 232732 Kutztown Road Reading, PA - Image 242732 Kutztown Road Reading, PA - Image 252732 Kutztown Road Reading, PA - Image 262732 Kutztown Road Reading, PA - Image 272732 Kutztown Road Reading, PA - Image 282732 Kutztown Road Reading, PA - Image 292732 Kutztown Road Reading, PA - Image 302732 Kutztown Road Reading, PA - Image 312732 Kutztown Road Reading, PA - Image 322732 Kutztown Road Reading, PA - Image 332732 Kutztown Road Reading, PA - Image 342732 Kutztown Road Reading, PA - Image 352732 Kutztown Road Reading, PA - Image 362732 Kutztown Road Reading, PA - Image 372732 Kutztown Road Reading, PA - Image 382732 Kutztown Road Reading, PA - Image 392732 Kutztown Road Reading, PA - Image 402732 Kutztown Road Reading, PA - Image 412732 Kutztown Road Reading, PA - Image 422732 Kutztown Road Reading, PA - Image 432732 Kutztown Road Reading, PA - Image 442732 Kutztown Road Reading, PA - Image 452732 Kutztown Road Reading, PA - Image 462732 Kutztown Road Reading, PA - Image 472732 Kutztown Road Reading, PA - Image 482732 Kutztown Road Reading, PA - Image 492732 Kutztown Road Reading, PA - Image 502732 Kutztown Road Reading, PA - Image 51
Presented By: Iron Valley Real Estate of Berks
  • MLS# PABK2046084
  • 07/25/2024
  • Request Tour
  • Request Info
  • SQFT • 3,000

Home Details

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.
Presented By: Iron Valley Real Estate of Berks

Interior Features for 2732 Kutztown Road

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterElectric

General for 2732 Kutztown Road

AccessibilityNone
Business TypeApartment Building, Professional
Cap Rate8.40
CityREADING
Construction MaterialsBrick, Vinyl Siding
Cool FuelElectric
CoolingCentral A/C, Ceiling Fan(s)
CountyBERKS
Directions*
DisclosuresAgent has Financial Interest, Owner RE Licensee
FULLFee Simple
HeatingHot Water, Radiator, Baseboard - Electric
Lot Size Square Feet11761.00
Lot Size UnitsSquare Feet
MLS AreaMuhlenberg Twp (10266)
ModificationTimestamp2024-12-06T12:33:45
MunicipalityMUHLENBERG TWP
New ConstructionNo
NumberOfUnitsTotal7
PossessionImmediate
Price Per Sq Ft Total AG165.0
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofArchitectural Shingle
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount6267.0
Tax Assessed Value123600.0
Tax Lot0068
Tax Year2024
Total Actual Rent63000.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1930
Year Built SourceEstimated
ZoningMIXED RES/COMM

Exterior for 2732 Kutztown Road

Building Area Total3000.00
Car Parking Spaces16
Land Assessed Value61200.00
Land Use Code4119
Lot Dimensions0.00 x 0.00
Lot Size Acres0.27
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces16
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Catarina Gomes

Associate
Price $495,000
MLS#PABK2046084
List Date 07/25/2024
Property Type Pending
Request Tour
Request Info
Visit My Website

Similar Properties to 2732 Kutztown Road

Get Pre-approved