Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!
| MLS # | PABK2073908 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1900 |
| Days On Site | 93 |
| Listing Provided By | Light House Realtors, LLC | Jorge Diaz Jr. |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,355 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | MULT FAMILY |
| Acreage | 0.03 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Vinyl Siding, Aluminum Siding |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1348 |
|---|
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19601 |
| Area | Reading City (10201) |
| Community Name | READING |
| School District | READING |
| Listing VS Median (in READING) | |
Price: $299,900 low | high Med: $169,900 sqft: 1,355 low | high Med: 1,242 $ / sqft: $221 low | high Med: $142 On site: 93 low | high Med: 22 | |
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19601 |
| Area | Reading City (10201) |
| Community Name | READING |
| School District | READING |
| Listing VS Median (in READING) | |
Price: $299,900 low | high Med: $169,900 sqft: 1,355 low | high Med: 1,242 $ / sqft: $221 low | high Med: $142 On site: 93 low | high Med: 22 | |