$314,500
$320,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
3805 KUTZTOWN RD Reading, PA 19605
3,570 SqFt
Key Details
Sold Price $314,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,570 sqft
Price per Sqft $88
MLS Listing ID PABK366742
Sold Date 02/26/21
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
Garage Spaces 8.0
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
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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