Remarkable Investment Opportunity! This beautifully remodeled 3-unit multifamily property offers immediate income potential, generating $1000, $800, and $750 per month from each unit with a lot of potential for rent increase. Each unit features separate heat and electric meters, allowing tenants to manage their own utilities. Conveniently located near the… Read More heart of Reading, this property is perfectly situated for easy access to local amenities and transportation. With strong rental income and a desirable location, this property is priced to sell and ready to produce income from day one. Don't miss out on this fantastic investment! property was previously appraised for a private loan back in November 2024 and it appraised $304,000, so it is appraised to sell. this property is part of a 4 property package ( 425 n 5th st Reading PA 19601. .... 1122 spring St Reading PA 19604 ..... 343 N 2nd st Reading PA Reading PA 19601 ...... and 341 N 2nd st Reading PA 19601 ) Read Less
Courtesy of Nelson Gamez, Realty One Group Alliance [email protected]
Listing Snapshot
Days Online
34
Last Updated
Property Type
Townhouse
Square Ft.
2,034
Lot Size
0.04 Acres
Year Built
1900
MLS Number
PABK2061244
30 Days Snapshot Of 19601
$186k
-2%
(avg) sold price
16
+14%
homes sold
11
-52%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full
Building
2,034 sqft living area, Built in 1900, Structure Type: Interior Row/Townhouse, 3 units in building, Traditional, Brick
Cooling
None, None
Heating
Electric, Baseboard - Electric
Lot
1,742 sqft, Lot Size Dimensions: 0.00 x 0.00, 0.04 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 3, 2 one-bedroom units, 1 two-bedroom unit
Roof
Shingle
Sewer
Public Sewer
Taxes
City/Town Tax: $392, City/Town Tax Pymnt Freq: Annually, County Tax: $180, County Tax Pymnt Freq: Annually, School Tax: $387, Tax Annual Amount: $959, Tax Year: 2024
Utilities
Electric Service: Circuit Breakers, Hot Water: Electric
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