274 Greenwich St - Apartments FOR SALE


Kutztown, PA 19530
$1,300,000 USD
717-819-2825
274 Greenwich St, Kutztown, PA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

274 Greenwich St
Kutztown, PA 19530


HIGHLIGHTS

  • Solid construction & well maintained units
  • 4 Units each with 5 beds/3baths
  • Well maintained w/ solid income history
  • Only 2 blocks from Kutztown University Campus

OVERVIEW

Presenting a premier student housing investment at 274–306 Greenwich Street in Kutztown, PA — four well-maintained townhome-style units built in 2012, offering a combined 20 bedrooms and 12 bathrooms, ideally positioned to serve Kutztown University's strong and consistent rental demand. Situated a mere two blocks from the main University campus, it’s prime location makes it highly desirable for prospective student tenants. Each townhome features five bedrooms and three bathrooms, solid wood doors, and all hard-surface flooring throughout, reflecting quality construction and durable, low-maintenance finishes. The property benefits from a track record of stable, high-quality tenancy — including sororities, senior students, and university athletes — and is currently fully leased for the upcoming academic year, providing immediate income for a new owner. Academic-year leases provide reliable turnover structure, while an owner-provided electric cap arrangement and newer units keep costs predicable. The Landlord covers all utilities including Boro funded internet at very affordable pricing, but has a cap on electrical use, with overage billed back to the residents. Typically the unit is leased collectively to a group, with each occupant signing a separate lease for their room. The rent is paid per semester, up front in full before semester starts.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

20

PRICE/UNIT

$65,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2012

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,657 SF

ZONING

C1

APN/PARCEL ID

55-5443-08-78-5950

ASK ABOUT THIS PROPERTY

Naomi BrownCapstone CommercialMore Info
717-819-2825

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Naomi BrownCapstone CommercialMore Info
717-819-2825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.