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Request Info$890,000
ACTIVE
164-168 W MAIN STREET Overview
- Time on Site:
- 412 days
- Visits:
- 12
UPDATE: Both Commercial Leases now extended (3 years and 10 years). Take advantage of this desirable location in the thriving Kutztown historic downtown area within walking distance to Kutztown University. Approved for both apartments and student rental uses. Purchase this package of two buildings on two parcels with 6 spacious residential and 2 commercial units. Nearly fully rented with 1 unit being filled. Five of the six residential units have been renovated by current owner, one of the commercial spaces was brought up to code, the oil furnace was converted to gas, and the parking lot was paved and lined recently. Priced at a 10.27% CAP rate based on rents and expenses. Call today to inquire about showings. Proof of funding required in order to show. 48 hours mandatory tenant notice period required by tenant leases.
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164-168 W MAIN STREET Facts & Features
- Type Commercial
- Sq. ft. 13,186
- Price/Sq.ft. $67
- Lot 0.21 Acres
Details
General
Income/Expenses
- Annual Heating Expense: 5447.00
- Electric Expense: 2000.00
- Gross Income: 127476.00
- Income Includes: Apartment Rentals,Other
- Insurance Expense: 5779.00
- Maintenance Expense: 3000.00
- Net Operating Income: 89040.00
- Operating Expense: 38436.00
- Operating Expense Includes: Electric,Heating/Cooling,Insurance,Water,Sewer,Trash,Snow Removal,Repair/Maintenance
- Trash Expense: 3000.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1890
Business Information
- Business Type: Apartment Building,Restaurant/Bar
Location/Region
- Country: US
- County: BERKS
- County Or Parish: BERKS
- MLS Area Major: Kutztown Boro (10255)
Parking Information
- Total Parking Spaces: 12
- Type of Parking: Parking Lot
Tax Information
- Tax Annual Amount: $11,154.00
- Tax Assessed Value: 126400.00
- Tax Year: 2025
General Information
- Inclusions: All fridges and stoves in the apartments
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- School District Name: KUTZTOWN AREA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Zoning: R/C
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
Interior
Building Information
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 13186.00
- Central Air: No
- Elevators Count: 0
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: None
- Flooring: Laminate Plank
- Stories Total: 3
Exterior
Building Information
- Total Loading Docks: 0
Parking Information
- Parking Features: Paved Parking, Private, Surface
Lot Information
- Lot Size Acres: 0.21
- Lot Size Source: Estimated
- Lot Size Square Feet: 9148.00
- Lot Size Units: Square Feet
- Road Responsibility: Boro/Township
- Road Surface Type: Paved
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick, Brick Veneer
General Information
- Number Of Units Total: 8
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Total Rent: 1400.00
- Description: Apt 1R - Renovated 3 beds, 1 bath with Oven/Range, Refrigerator.
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 1250.00
- Description: Apt 2F - Renovated 2 beds, 1 bath with Oven/Range, Refrigerator.
Unit 3 Details
- Unit Type: Unit 3
- Total Rent: 1400.00
- Description: *Applicant Screening in progress* - Apt 2R - 3 bed, 1 bath with Oven/Range, Refrigerator
Unit 4 Details
- Unit Type: Unit 4
- Total Rent: 1200.00
- Description: Apt 3F - Renovated 2 beds, 1 with Oven/Range, Refrigerator.
Unit 5 Details
- Unit Type: Unit 5
- Total Rent: 1250.00
- Description: Apt 3R - Renovated 2 beds, 1 bath with Oven/Range, Refrigerator.
Unit 6 Details
- Unit Type: Unit 6
- Total Rent: 1700.00
- Description: House - Renovated 4 beds, 2 baths with Oven/Range, Refrigerator, Washer/Dryer.
Unit 7 Details
- Unit Type: Unit 7
- Total Rent: 1100.00
- Description: Commercial - Sajal Hot Chicken & Gyro
Unit 8 Details
- Unit Type: Unit 8
- Total Rent: 1623.00
- Description: Commercial - China King - Contributes $1,800 annually towards building insurance
164-168 W MAIN STREET Neighborhood
Community
19530 (KUTZTOWN) Demographics
27
Median Age
285
Population Density (per sq. mile)
41%
College Educated
$62,662
Estimated Median Income
3,252
Estimated Total Home Owners
1,760
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
164-168 W MAIN STREET Monthly Cost
164-168 W MAIN STREET Market Data
Based on the last 30 days in this zip code
$584,785
Average List Price
$217
Average Price per Square Foot
8
Properties Sold
78
Average Days on Market
25
Properties for Sale
164-168 W MAIN STREET History
| Date | Value | Agent |
|---|---|---|
| 6/1/2026Source: BRIGHT MLS | $890,000 -1.1% |
|
| 5/30/2026Source: BRIGHT MLS | ACTIVE |
|
| 4/18/2026Source: BRIGHT MLS | PENDING |
|
| 8/8/2025Source: BRIGHT MLS | $900,000 -5.3% |
|
| 6/16/2025Source: BRIGHT MLS | $950,000 -7.3% |
|
| 5/14/2025Source: BRIGHT MLS | May 14, 2025 |
Listing provided courtesy of Howard Hanna The Frederick Group- MLS# PABK2057252
Contact Information: 6103980411
Contact Information: 6103980411