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.
Multi-familyProperty Type
1930Year Built
0.27 acresLot Size
$165Est. Price/Sq.Ft.
16 spacesParking
Listed by Jonathan Fabian• Iron Valley Real Estate of Berks
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Berks County
APN
66-5318-09-05-0068
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 24, 2024.
C-1
Village District
The C-1 Zoning District generally contains areas with low-profile commercial uses as well as municipal, governmental, institutional, and medium- to high-density residential uses within developed neighborhoods. Subdivision and land development activity should be carefully planned and encouraged as infill development. All uses should be served by a road system and public utilities with sufficient capacities. Redevelopment or conversions should be considered to accommodate new business opportunities and enhance economic development opportunities.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Single unit
Housing-Multiple units
Infrastructure
Lodging & hospitality
Office
Public service
Property details
Parking
Parking Information
# of Total Garage and Parking Spaces: 16
Parking Lot - # of Spaces: 16
Paved Parking
Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Fully Finished, Heated
Multi Unit Information
# of Single Room Units: 5
# of Two Bedroom Units: 1
# of Three Bedroom Units: 1
# of Units Leased: 7
# of Month To Month Units: 5
Exterior
Property Information
Total Below Grade Sq. Ft.: 750
Improvement Assessed Value: $62,400
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Year Major Reno/Remodel: 2024
Building Information
# of Levels (Total): 4
# of Units (Total): 4
Construction Materials: Brick, Vinyl Siding
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Roof: Architectural Shingle
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $61,200
Above Grade Information
Finished Sq.Ft.: 2,250
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft.: 750
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
City/Town Tax: $705
County Tax: $1,031
School Tax: $4,531
Tax Assessed Value: $123,600
Tax Year: 2024
Tax Annual Amount: $6,267
Assessments Information
Year Assessed: 2024
Rental Information
Total Actual Rent: $63,000
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C, Window Unit(s)
Cooling Fuel: Electric
Hot Water, Baseboard - Electric
Heating Fuel: Natural Gas, Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: MUHLENBERG
School District Source: Listing Agent
Location Information
Directions: *
Municipality: MUHLENBERG TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Berks County
APN: 66-5318-09-05-0068
Home facts updated by county records on Jul 24, 2024
Around this home
Schools
K - 12
Preschool & daycare
C E Cole Intermediate School
Public 4-6 • Assigned • 0.9mi
4/10
Muhlenberg Middle School
Public 7-9 • Assigned • 0.9mi
3/10
Muhlenberg High School
Public 10-12 • Assigned • 1.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Reading, PA • 19605
Average low and high temperatures (°F)
31
19
36
24
55
35
63
44
69
52
80
62
84
68
78
61
76
59
63
46
52
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$472,000 – $571,000
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