10 E Main Street
Kutztown, PA 19530
- – beds
- – baths
- 3,782 sqft
- 15,245 sqft lot
- $178 per sqft
- 1900 build
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.
Last checked:
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Last updated Apr 1, 2025
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MLS# PABK2055128 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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Year Major Reno/Remodel:2012
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New Construction:No
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Construction Materials:Vinyl Siding, Aluminum Siding
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Building Levels:3
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Building Units Total:4
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Structure Type:Other
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Architectural Style:Other
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Accessibility Features:None
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Other
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Room Count:17
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3782
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Living Area SqFt:3,782 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable
Location
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Directions:Use GPS
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Latitude:40.51949000
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Longitude:-75.77543000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.35
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Lot Size Source:Estimated
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Estimated
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Lot Features:Level, Rear Yard, Stream/Creek
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Lot SqFt:15,245 Sqft
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Inclusions:All appliances
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Exclusions:Student & Landlord Personal Property
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Zoning:CC
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View:Creek/Stream
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Other Structures:Above Grade, Below Grade
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Waterview:Yes
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Waterfront:No
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Water Oriented:Yes
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Water Access:Yes
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Water Body Type:Creek/Stream
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Navigable Water:No
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Tidal Water:No
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Land Use Code:121
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Ground Rent Exists:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 551-5830
- Office phone:
- (215) 641-2727
Taxes
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Tax ID Number:55-5443-08-88-8139
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Tax Year:2025
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Tax Lot:8139
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Tax Annual Amount:$6,054
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Tax Assessed Value:$141,400
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Year Assessed:2023
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School Tax:4384.0
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County Tax:1274.00
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City/Town Tax:650.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Oil
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Kutztown Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:13
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Garage:Yes
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Garage Features:Additional Storage Area
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Garage Spaces:1.00
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Type of Parking:Detached Garage, Off Street, Parking Lot
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# of Detached Garage Spaces:1
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Parking Lot - # of Spaces:12
Extra Units
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# of Units:4
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Vacation Rental:No
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Units Furnished:None
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Two Bedroom Units:4
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/31/25
Mar 31, 2025
|
Listed / Active | BRIGHT | $675,000 |