3805 KUTZTOWN RD Reading, PA 19605

283889443 40.394417 -75.91912 230 /listing/283889443-150474843/3805-kutztown-rd-reading-pa-19605 False 0 320000.0 3570 101 PABK366742 False
$320,000
  • 3,570 sqft
  • 0.25 lot
  • Est payment $1717.83/mo

Property & Neighborhood Info

Courtesy Of Weichert Realtors Neighborhood One

Commercial in READING

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!

Courtesy Of Weichert Realtors Neighborhood One
  1. 3,570 Sq. Ft.
  2. 0.25 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1930
  • Garage: 8.0
  • School District: MUHLENBERG
  • County: Berks
  • Taxes: $6,290.00
  • Tax Year: 2021
  • Units: 4
  • MLS Number:PABK366742

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • Wall Unit
  • Cooling Fuel:
    • Electric
  • Water Heater:
    • Electric
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 3570.00
  • Business Type:
    • Apartment Building
    • Other
    • Parking Garage
  • New Construction:
    • No
  • Water Source:
    • Public
  • Lot SF Source:
    • Assessor
  • Waterfront:
    • No
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Water Access:
    • No
  • Gross Income:
    • 44460.00
  • List Type (Exclusive):
    • Exclusive Agency
  • Net Operating Income:
    • 33060.00
  • Owner Pays:
    • Insurance
    • Sewer
    • Taxes - Real Estate
    • Trash Collection
    • Water
  • Rental Features:
    • No
  • Assessment Year:
    • 2021
  • Cap Rate:
    • 10.30
  • Listing Key:
    • 304384201498
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Negotiable
  • Price Per SQFT:
    • 89.64
  • Total Parking Spaces:
    • 8
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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40.394417 -75.91912

3805 KUTZTOWN RD Reading, PA 19605

283889443 40.394417 -75.91912 230 /listing/283889443-150474843/3805-kutztown-rd-reading-pa-19605 False 0 320000.0 3570 101 PABK366742 False
  • $320,000
  • 3,570 sqft
  • 0.25 lot
  • Est payment $1717.83/mo