Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
108 & 114 & 115 S 6th St, READING
$3,110,000
0 Beds
0 Baths
4,009 Sqft
.07 Acres
0 Garages
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!!!
Essential Information
MLS® #PABK2046260
Price$3,110,000
Bathrooms0.00
Square Footage4,009
Acres0.07
Year Built1900
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address108 & 114 & 115 S 6th St
AreaReading City (10201)
SubdivisionNONE AVAILABLE
CityREADING
CountyBERKS-PA
StatePA
MunicipalityREADING CITY
Zip Code19602
Utilities
Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Interior
CoolingWall Unit
Heating
Forced Air, Hot Water, Baseboard - Electric
Exterior
ExteriorBrick and Siding
School Information
DistrictREADING
HighREADING SENIOR
Additional Information
ZoningMIXED
Listing Details
Office Contact(484) 450-8771
Office
Iron Valley Real Estate of Berks
Property History
Status Changed from Coming Soon to Active
LISTING MAP
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Listing information last updated on January 11th, 2025 at 10:45am EST.
