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.
Sold for $495,000 on 02/07/25
$495,000
2732 Kutztown Rd, Reading, PA 19605
10beds
--baths
3,000sqft
Quadruplex
Built in 1930
-- sqft lot
$508,600 Zestimate®
$165/sqft
$1,660 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 07, 2025 at 04:06am
Listed by:
Jonathan Fabian 610-334-7444,
Iron Valley Real Estate of Berks
Bought with:
Jacob Fisher, RS325195
Hostetter Realty
Source: Bright MLS,MLS#: PABK2046090

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Basement
- Area: 750
Heating
- Hot Water, Baseboard, Natural Gas, Electric
Cooling
- Central Air, Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Finished,Heated
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 16
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.27 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 66531809050068
- Zoning: MIXED RES/COMM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick, Vinyl Siding
- Foundation: Stone
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: No
- Year built: 1930
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Reading
- Municipality: MUHLENBERG TWP
HOA & financial
Other financial information
- Total actual rent: 63000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple