Mertztown, PA 19539,15898 E KUTZTOWN RD

$230,000

$239,800

4.1%
Est.Price: ?

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Est. payment /mo

3,264 SqFt


SOLD DATE : 09/30/2021

Key Details

Sold Price $230,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,264 sqft

Price per Sqft $70

MLS Listing ID PABK353282

Sold Date 09/30/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $4,928

Tax Year 2021

Lot Size 1.020 Acres

Acres 1.02

Lot Dimensions 100' x 100'

Property Description

Prime Corner property along Route 222, just west of the by pass entering Maxatawny. The property is suitable for multiple uses and the area and local business s are going through a revival. This corner and land value make this future development opportunity, with profitable income potential. Great spot for potential Medical professions, day care, hair salon or more small business's. The tenants are long term in the main building that was a former hotel and both rents are soft and should be adjusted with new owner. The price was recently reduced and awaits your imagination. The property location is ideal on route 222 Reading - Lehigh Valley corridor with high traffic daily passing by your front door. The is an additional parcel with garage and two bedroom apartment yields additional income. Property needs TLC but location will have greater value in the future, in the mean time this brick building can be a good investment. The are some additional cabins that service the former hotel, that should be removed and make the property more presentable.

Location

State PA

County Berks

Area Maxatawny Twp (10263)

Zoning NEIGHBORHOOD COMMERICAL

Interior

Hot Water Electric

Heating Baseboard - Hot Water

Cooling None

Flooring Hardwood, Carpet, Vinyl

Heat Source Oil

Exterior

Garage Spaces 20.0

Utilities Available Cable TV Available, Phone

Waterfront N

Water Access N

View Other

Roof Type Asbestos Shingle,Metal

Accessibility None

Parking Type Driveway, Parking Lot

Total Parking Spaces 20

Garage N

Building

Lot Description Level, Private

Sewer Septic Pump

Water Well

New Construction N

Schools

School District Kutztown Area

Others

Tax ID 63-5474-10-27-6073

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Theodore M Van Wert • Iron Valley Real Estate of Lehigh Valley
Bought with Theodore M Van Wert • Iron Valley Real Estate of Lehigh Valley
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