Reading, PA 19605,2732 KUTZTOWN RD
Reading, PA 19605,2732 KUTZTOWN RD
Reading, PA 19605,2732 KUTZTOWN RD
Reading, PA 19605,2732 KUTZTOWN RD
Reading, PA 19605,2732 KUTZTOWN RD
Reading, PA 19605,2732 KUTZTOWN RD
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$495,000

$495,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,000 SqFt


SOLD DATE : 02/07/2025

Key Details

Sold Price $495,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $165

MLS Listing ID PABK2046090

Sold Date 02/07/25

Style Traditional

Abv Grd Liv Area 2,250

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $6,267

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 0.00 x 0.00

Property Description

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.

Location

State PA

County Berks

Area Muhlenberg Twp (10266)

Zoning MIXED RES/COMM

Rooms

Basement Fully Finished, Heated

Interior

Hot Water Electric

Heating Hot Water, Baseboard - Electric

Cooling Central A/C, Window Unit(s)

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 16.0

Water Access N

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 16

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Muhlenberg

Others

Tax ID 66-5318-09-05-0068

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jonathan Fabian • Iron Valley Real Estate of Berks
Bought with Jacob D. Fisher • Hostetter Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(908) 279-0593

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165 Passaic Ave, Fairfield, NJ, 07004, USA

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