4,791 SqFt
4,791 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,791 sqft
Price per Sqft $114
Lot Size 4,791 Sqft
MLS Listing ID PABK2067992
Financing Conventional,Cash
Style Traditional
Subdivision None Available
Total Units 4
Short Sale No
Originating MLS BRIGHT
Property Description
The residential building features a desirable unit mix with strong in-place rents:
Unit #1: 2 Bedrooms – $900/month
Unit #2: 3 Bedrooms – $1,500/month
Unit #3: 2 Bedrooms – $1,100/month
Unit #4: Studio – Projected $850/month
Landlord currently pays gas heat, water, sewer, and trash. The rear parking lot provides steady income with 15 rented spaces at $60 per space per month ($900/month), with potential to create additional parking spaces.
Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining, and nearby daycare facilities, adding to tenant appeal and long-term rental demand.
Schedule your private showing today.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R/C
Rooms
Basement Full
Interior
Interior Features Attic
Hot Water Electric
Heating Hot Water
Cooling None
Flooring Laminate Plank, Vinyl
Inclusions 4 Range/Oven & 4 Refrigerator
Equipment Stove, Water Heater, Refrigerator
Fireplace N
Appliance Stove, Water Heater, Refrigerator
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Exterior Feature Balcony
Garage Spaces 15
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Porch Balcony
Road Frontage Boro/Township, State, Private
Parking Type Parking Lot
Total Parking Spaces 15
Building
New Construction N
Foundation Concrete Perimeter
Lot Dimensions 0.00 x 0.00
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Schools
School District Reading
Others
Tax Amount $2,628
Tax Year 2025
Tax ID 07-5307-75-81-2559
Ownership Fee Simple
SqFt Source 4791
Acceptable Financing Conventional, Cash
Special Sale Standard
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Advisor | yjnn 4444789