Listing provided courtesy of Howard Hanna TheFrederickGroup- MLS# 756495MLS Provider

164 W Main StreetKutztown Boro, PA 19530

Multi-Family · 13,186 Sq. ft. | 0.21 Acres
$890,000 Active

164 W Main Street Overview

Time on Site:
418 days
Visits:
6

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 W Main Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 13,186
  • Price/Sq.ft. $67
  • Lot 0.21 Acres

Details

General

School Information

  • School District: Not Applicable

Income/Expenses

  • Electric Expense: 1800.0
  • Insurance Expense: 5779.0
  • Maintenance Expense: 3000.0
  • Net Operating Income: 89040.0
  • Operating Expense: 38436.0
  • Water Sewer Expense: 11203.0

Building Information

  • Year Built: 1890

Location/Region

  • County Or Parish: Berks
  • MLS Area Major: Kutztown
  • Postal City: Kutztown Borough
  • Subdivision Name: Not in Development

Tax Information

  • Tax Annual Amount: 11154.0
  • Tax Assessed Value: 260100

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 55544308875520
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: Commercial

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Living Area: 13186.0
  • Living Area Source: Assessor

Exterior

Parking Information

  • Parking Features: Parking Lot
  • Parking Total: 12.0

Lot Information

  • Lot Size Acres: 0.21
  • Lot Size Area: 9148.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 9148.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick,Brick Veneer

General Information

  • Number Of Units Total: 8
  • Sewer: Public Sewer

Unit Information

Unit 3 Details

  • Total Rent: 1100.0
  • Actual Rent: 1100.0
  • Description: Sajal Hot Chicken & Gyro

Unit 7 Details

  • Total Rent: 1200.0
  • Actual Rent: 1200.0
  • Beds Total: 2
  • Baths Total: 1

Unit 6 Details

  • Total Rent: 1250.0
  • Actual Rent: 1250.0
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Total Rent: 1250.0
  • Actual Rent: 1250.0
  • Beds Total: 2
  • Baths Total: 1

Unit 5 Details

  • Total Rent: 1400.0
  • Actual Rent: 1400.0
  • Beds Total: 2
  • Baths Total: 1

Unit 8 Details

  • Total Rent: 1400.0
  • Actual Rent: 1400.0
  • Beds Total: 3
  • Baths Total: 1
  • Description: Screening in progress

Unit 1 Details

  • Total Rent: 1622.98
  • Actual Rent: 1622.98
  • Description: China King Restaurant

Unit 9 Details

  • Total Rent: 1623.0
  • Actual Rent: 1623.0
  • Description: China King Restaurant

Unit 2 Details

  • Total Rent: 1700.0
  • Actual Rent: 1700.0
  • Beds Total: 4
  • Baths Total: 2

164 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
Community data courtesy of LiveBy, Inc.

164 W Main Street Monthly Cost

$
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%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

164 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
Calculations provided by Reliance Network

164 W Main Street History

Date Event Value Agent
6/1/2026Source: Greater Lehigh Valley MLS Price Reduction
$890,000 -1.1%
5/30/2026Source: Greater Lehigh Valley MLS Status Change
Active
4/18/2026Source: Greater Lehigh Valley MLS Status Change
Pending
8/7/2025Source: Greater Lehigh Valley MLS Price Reduction
$900,000 -5.3%
7/28/2025Source: Greater Lehigh Valley MLS Price Reduction
$950,000 -7.3%
7/28/2025Source: Greater Lehigh Valley MLS Added to Database
June 05, 2025