Active
108 & 114 & 115 S 6th St
Reading PA, 19602
$3,110,000
$1,020.01 per sqft
Active
3,049 sqft
Commercial
Built in 1900
6 Parcel TURNKEY Investment including 24 units, 2 of which are commercial and 40 Parking spaces. This package brings in 311,000 in gross rents and reflects a net operating income of aprox 240,000 and 7.7% cap rate. With all rents set at market value this package is making money from day 1. THE FOLLOWING ARE INCLUDED:
405 Walnut Street, Reading PA 19601 Tax ID 07-5307-74-71-3483
108 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-3417
114 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-2432
115 S 6th, Reading PA 19602 Tax ID 04-5306-27-89-5444
39 S 9th St 19602 Tax ID 03-5316-21-09-1734
43 S 9th St Reading PA 19602 Tax ID 03-5316-21-09-1702
405 Walnut - 3 units featuring ceramic tile flooring throughout, two large balconys/decks and fenced yard, bathroom tile upgrades in Apt 1 &3, all units pay their own electric (3rd floor electric heat), Landlord pays gas heat for Apt 1 and 2. and water for the Bldg
108 S 6th St - 5 unit mixed use ( 1st fl commercial) New appliances, microwaves, Porcelain Tile Throughout, Ceilings replaced With Drywall, New Double Hung Windows, Bathrooms Updates in, Apt 1,2F, 2R, 3, Cable, Separate Utilities including tenant paid electric heat. (sub panel in each apt), Security Cameras Installed 2021, 2 income producing Parking Spaces (Driveway)
MORE DETAILS AND PHOTOS TO FOLLOW!!!
PABK2046260
MLSⓇ ID
July 26, 2024
Listed
November 22, 2024
Updated
Map
108 & 114 & 115 S 6th St
Reading PA, 19602
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Baseboard, Hot Water, Electric, Natural Gas
Exterior/Building Features
Lot Size
0.07 Acres
Sewer
Public Sewer
Other Property Details
Area Name
READING CITY
Taxes
$2,016
Tax Frequency
Annually
Days on Market
98
Garage
No
Parking
On Street
Parking Total
40
View
No
County
BERKS
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/26/2024 | Active | — |
Listed by Iron Valley Real Estate of Berks
Listing Contact: 6103012742
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Data last updated on 11/22/2024 at 1:52 AM UTC