This 9-unit apartment building offers an opportunity for investors seeking an income-producing property. The building consists of five 2-bedroom apartments, three 1-bedroom apartments, and one studio apartment. Many long-term tenants are paying market-level rents and are interested in staying, providing continuity for a new owner. Situated on a corner lot in an easily accessible location, the property offers a strong return. A solid addition to an investment portfolio with established rental income.
| MLS # | PABK2080002 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 19 |
| Listing Provided By | RE/MAX Of Reading | Collier Golden |
| Basement | Y |
|---|---|
| Units | 9 |
| Zoning | R-3 |
| Acreage | 0.06 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water, Radiator |
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 7266 |
|---|
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19602 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19602) | |
Price: $695,000 low | high Med: $163,900 On site: 19 low | high Med: 50 | |
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19602 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19602) | |
Price: $695,000 low | high Med: $163,900 On site: 19 low | high Med: 50 | |
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