Property
Kutztown, PA 19530 18 E Main Street
$475,000
45 more
Presented By: Realty One Group Supreme
Beds • 4
Home Details
Welcome to 18 E Main St in Kutztown. The owners have meticulously maintained this excellent investment opportunity for 42 years. Over the last few years, kitchens and bathrooms have been updated during the change in tenancy. All kitchens have granite counters, tile backsplashes, updated cabinets, electric ranges, and refrigerators. The units have a combination of wall-to-wall carpeting and laminate flooring. All units have private entrances. Virtually a total maintenance-free exterior, replacement insulated windows, and the roof was replaced in 2021. Coin-operated washer and dryer in the basement with an instant water heater to save on electricity costs, since it only heats water on demand for the washer. The owner only pays for water and sewer for the building and electricity for common areas. Tenants pay for electricity, trash removal, and recycling. All tenants have access to the basement laundry facilities via a combination lock. All leases except one are anticipated to be updated by August 2025. Please view the media links for 3D Models. Get your financing together for this 8.9% cap rate.
Presented By: Realty One Group Supreme
Interior Features for 18 E Main Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementDrainage System, Full, Outside Entrance, Poured Concrete, Rear Entrance, Sump Pump
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric, Multi-tank
Interior AmenitiesCarpet, Combination Kitchen/Living, Combination Kitchen/Dining, Upgraded Countertops
Total Stories2
Window FeaturesDouble Hung, Energy Efficient, Insulated, Replacement
General for 18 E Main Street
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesDryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater - High-Efficiency, Water Heater - Tankless
Architectural StyleColonial
Association Recreation FeeN
Cap Rate9.30
CityKUTZTOWN
Construction MaterialsVinyl Siding, Aluminum Siding
Cool FuelNone
CoolingNone
CountyBERKS
DirectionsMain St in Kutztown 18 E Main
DisclosuresLead Based Paint - Federal, Prop Disclosure
Electric100 Amp Service, Circuit Breakers
Garage Y/NNo
HeatingBaseboard - Electric
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense2972.00
Lease TypeLong Term, Yearly
Location TypeDowntown
Lot Size Square Feet5662.00
Lot Size UnitsSquare Feet
MLS AreaKutztown Boro (10255)
ModificationTimestamp2025-05-24T00:06:11
MunicipalityKUTZTOWN BORO
Net Operating Income44261.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count4
Operating Expense12139.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysWater, Sewer, Electricity
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG197.92
Property ConditionExcellent
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofAsphalt
School DistrictKUTZTOWN AREA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount3973.0
Tax Assessed Value92800.0
Tax Lot8254
Tax Year2024
Total Actual Rent54600.00
Total Rooms16
Total SQFT3600
Two Bedroom0
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningCC- BUSINESS COMMERCIAL
Exterior for 18 E Main Street
Exterior AmenitiesExterior Lighting
Foundation DetailsStone
Gulf-FrontNo
Inclusionsrefrigerator, coin clothes washer, coin clothes dryer
Land Assessed Value36800.00
Land Use Code132
Lot Dimensions0.00 x 0.00
Lot FeaturesFlood Plain, Level, Not In Development, Open, Rear Yard, Road Frontage
Lot Size Acres0.13
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesAsphalt Driveway
Parking Lot - # of Spaces4
PoolNo Pool
Road Frontage Length30
Road ResponsibilityBoro/Township
Road Surface TypeBlack Top
SpaNo
Total Parking Spaces4
Type of ParkingOff Street, Parking Lot, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Schools
High School
Kutztown Area Senior High School
Middle School
Kutztown Middle School
Elementary School
Kutztown Elementary School
Ebonie Clerier
Associate