Townhome-Style Student Housing
274 Greenwich Street Kutztown, PA 19530
274 Greenwich Street, Kutztown, PA, 19530
$1,300,000
For Sale
$1,300,000
2012-built quadplex with four townhome-style units totaling 20 bedrooms and 12 bathrooms.
Property Size7,280 SF
Price / SF$178.57
Days on Market33
Property Features for 274 Greenwich Street
General Information
- Standard status
- Active
- Size
- 7,280 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2012
Listing agency
Capstone Commercial
(717) 819-2825
Listed by
Naomi E Brown · License #RM425406
Source
Deepcreeklake
Added: Jun 20 Updated: Jul 21 at 7:15PM Checked: Jul 22 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capstone Commercial
Investment Insights
Based on property information with market context.
Built in 2012, this four-unit quadplex features townhome-style layouts with five bedrooms and three bathrooms per unit. The units include solid wood doors and hard-surface flooring throughout, designed for durable, low-maintenance day-to-day living.
Located at 274–306 Greenwich Street in Kutztown, PA, the property is positioned about two blocks from the main campus of Kutztown University. The building is currently fully leased for the upcoming academic year.
Operating details reflect student lease structure: leases are academic-year and typically arranged collectively, with each occupant signing a separate room lease. The landlord provides utilities including Boro-funded internet under an electrical cap arrangement, with electrical overage billed back to residents and rent paid per semester up front in full before the semester starts.
Located at 274–306 Greenwich Street in Kutztown, PA, the property is positioned about two blocks from the main campus of Kutztown University. The building is currently fully leased for the upcoming academic year.
Operating details reflect student lease structure: leases are academic-year and typically arranged collectively, with each occupant signing a separate room lease. The landlord provides utilities including Boro-funded internet under an electrical cap arrangement, with electrical overage billed back to residents and rent paid per semester up front in full before the semester starts.
Key Highlights
- Four townhome‑style units built in 2012 with 20 bedrooms and 12 bathrooms total
- Two blocks from Kutztown University main campus
- Fully leased for the upcoming academic year
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.6k | $14.64 |
| − Vacancy | −$4.1k | −$0.56 |
| EGI | $102.5k | $14.08 |
| − OpEx | −$30.8k | −$4.23 |
| NOI | $71.8k | $9.86 |
7,280 SF · lease $14.64/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$897.1K – $1.20M
NOI $71,770 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$896.2K
$784.1K – $1.05M
NOI $62,731 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.20M
$1.05M – $1.39M
NOI $83,656 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - 2012-built quadplex with four townhome-style units totaling 20 bedrooms and 12 bathrooms.
Where is this quadplex located?
The property is located at 274 Greenwich Street Kutztown, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four townhome‑style units built in 2012 with 20 bedrooms and 12 bathrooms total; Two blocks from Kutztown University main campus; Fully leased for the upcoming academic year
