274 Greenwich St, Student Housing
For sale274 Greenwich St, Kutztown, PA 19530
Property Type
Multifamily
Price
$1,300,000
Units
6
Price per Unit
$216,667
Price per SF
$178.57
Building Size
7,280 SF
Stories
2
Number of Buildings
1
Property Class
B
Property description
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 three 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 individual gas metering keep operating costs predictable. Priced at $1,300,000 ($65,000 per bed), this fully occupied, income-producing asset represents a compelling opportunity for investors seeking stabilized returns in a proven college market.
Property highlights
- Each unit has 5 beds / 3 baths
- Predictable, easy-to-manage operating structure
- Fully leased for the upcoming academic year
- Thoughtful unit design and finishes
- Styled as four townhomes