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3805 KUTZTOWN RD Reading, PA 19605
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Key Details
Sold Price $314,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PABK366802
Sold Date 02/26/21
Style Other
HOA Y/N N
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $6,290
Tax Year 2021
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 0.00 x 0.00
Property Description
This 3,570 SqFt mixed-use property is the perfect opportunity you won't want to turn down! This property includes three 2-bedroom apartments, 1 storefront, and two 10-foot garages! A Construction company currently rents the storefront and one of the garages for $1325+ heat and electricity. The three 2 bedroom apartments rent for $780, $790, and $810 + heat and electric and all tenants have lived here 3+yrs. Additional garage currently used by the owner. This property has been well maintained since the seller purchased it in 1987. Roof replaced in July 2020. The owner only pays RE taxes, insurance, and W/S/T. 10% Cap Rate!
Location
State PA
County Berks
Area Laureldale Boro (10257)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Forced Air
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Muhlenberg
Others
Tax ID 57-5309-20-91-8747
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tammy Bieber • BHHS Fox & Roach-Macungie
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