Active
1039 Walnut St
Reading PA, 19601
$234,900
$116.87 per sqft
Active
4 Beds
2,010 sqft
Multi-family
Built in 1900
One of the most important things to consider when buying an investment is what bills you (the owner) are going to get stuck with having to pay. The tenants here each pay for their own heat which is affordable natural gas, their own hot water - gas again, and their own electric. What the tenants won't be stuck with is
paying an electric bill that includes electric baseboard heat - which is very costly to them! They very much appreciate having gas heat - more affordable and more reliable! That leaves you, the owner, with having to pay just the water/sewer/trash bill which in 2024 came to $2,001 FOR THE YEAR! Extremely reasonable!!
Both these units have been upgraded, both have 2 private bedrooms and both are quite spacious!! 1st floor rents for $845 and the 2nd floor rents for $975. On top of that there are 2 parking spaces behind the building which are rented out at $75 per space. This has everything a savvy investor looks for in a property - schedule your showing today!!
PABK2053710
MLSⓇ ID
February 21, 2025
Listed
February 21, 2025
Updated
Interior Features
Bedrooms
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.03 Acres
Architectural Style
Traditional
Sewer
Public Sewer
School Information
School District
READING
Other Property Details
Area Name
READING CITY
Taxes
$1,532
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking Total
2
View
No
County
BERKS
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
2/21/2025 | Active | — |
Listed by A G Binkley Jr Real Estate
Listing Contact: 6107796244
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/21/2025 at 5:47 AM UTC
