Schedule a Showing
Share
Print
|
KUTZTOWN STUDENT HOUSING - Incredible opportunity to purchase a well maintained 4 unit building just minutes from Kutztown University. 7.14% Cap Rate. 12.21% Cash on Cash Return. Property consists of four apartments licensed for 11 students with 11 individual bedrooms, common area, laundry room, off street parking for 13 cars and 3 oversized garage bays. All apartments have one full bath. 0ne 2 student apartment and three 3 student apartments. Landlord pays water, hot water, sewer, taxes, insurance, basement and laundry area electric. Tenants pay for electric, trash, cable and internet (all apartments are electric baseboard heat). 5 meters, one for each unit plus landlord meter. New improvements include new vinyl siding on building (2024) and new roofs on building and two garages(2024) water heater (2019)and $58k addition of two bedrooms to unit 4 apartment to increase total student permit from 9 to 11 bedrooms (2013). All appliances are included in the sale. Centrally located next to Turkey Hill and within walking distance to downtown dining & shopping. Great rental history. Additional rent from summer occupancy and garage rental.
Property Type(s):
Commercial
| Last Updated | 3/31/2025 | Year Built | 1900 |
|---|---|---|---|
| Community | Kutztown Boro (10255) | County | BERKS |
SCHOOLS
| School District | KUTZTOWN AREA |
|---|
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | Kutztown Boro (10255) |
| CONSTRUCTION | Aluminum Siding, Vinyl Siding |
| HEAT | Baseboard, Oil |
| LOT | 0.35 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 6054 |
| WATER | Public |
Location
Listing provided by Coldwell Banker Realty
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/2/25 7:28 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email