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$260,000
1129 N 9th St, Reading, PA 19604
3 Beds
0 Baths
2,394 SqFt

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Listing Provided By Global Properties PA
IMPECCABLE 3-UNIT APARTMENT BUILDING so well maintained! Conveniently located in Reading, PA This property has a long-term rental history, off street parking, and public utilities. Building has two 2 Bedroom & one 1 Bedroom apartments. and occupied. All mechanicals are in great condition. Stable tenants and strong cash flow. Newer windows, updated roof, this property has been very well maintained. Rents are below market and still offers a 6.47 cap rate! Such a great investment opportunity! Gross Income: $27,660. Expenses 10,845. Net Income: $16,815.
  • Price:
  • $260,000
  • Bedrooms:
  • 3
  • Square Footage:
  • 2,394
  • Acreage:
  • 0.04
  • Year Built:
  • 1910
  • Listing ID #:
  • PABK2018924
  • Street Address:
  • 1129 N 9th St
  • City:
  • Reading
  • State:
  • Pennsylvania
  • Postal Code:
  • 19604
  • County:
  • Berks
  • Community:
  • Reading City (10201)
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
School District: Reading
  • Basement Type:
  • Full
  • Dwelling Type:
  • End Of Row/Townhouse
  • Exterior Features:
  • Exterior Lighting
  • Finished Above Ground Square Footage:
  • 2394
  • Finished Square Feet:
  • 2394
  • Foundation:
  • Block
  • Has Basement:
  • Yes
  • Number Of 1 Bedroom Units:
  • 1
  • Number Of 2 Bedroom Units:
  • 2
  • Number Of Units:
  • 3
  • Other Buildings:
  • Above Grade, Below Grade
  • Square Footage Source:
  • Assessor
  • Style:
  • Straight Thru
  • Total Building Square Footage:
  • 2394
  • Type Of Roof:
  • Flat, Rubber
  • Year Built:
  • 1910
  • Year Built Source:
  • Assessor
  • Gross Income:
  • 27660.00
  • Net Operating Income:
  • 9849.00
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Residential Multi Family
  • Lot Description:
  • 0.00 X 0.00
  • Lot Square Footage:
  • 1742.00
  • Days On Market:
  • 137
  • Excluded:
  • Stove In 2nd Floor Unit (belongs To Tenant)
  • Included In Sale:
  • 2 Stoves, 3 Refrigerators, Smoke Alarms Security Camaras
  • On Market Date:
  • 2022-07-16
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Conventional, Negotiable
  • Tax Municipality:
  • Reading City
  • City Taxes:
  • 888.00
  • County Taxes:
  • 375.00
  • Price Per Square Foot:
  • 108.60
  • Property Taxes:
  • $2,142
  • Tax Year:
  • 2022
  • Parking Description:
  • Asphalt Driveway
  • Parking Type:
  • Driveway
  • Pool Description:
  • No Pool
  • Existing Water:
  • Public
  • Heating:
  • Hot Water
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electric
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Global Properties PA
  • © 2022 BRIGHT, All Rights Reserved BRIGHT

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