108 & 114 & 115 S 6TH STREET, READING, PA 19602

parkingSpaces 40
|Other
INR ₹260,083,239
USD $3,110,000
Published on: 27 Jul 2024
Last updated on: 11 Sep 2024
108 & 114 & 115 S 6TH STREET, READING, PA 19602
108 & 114 & 115 S 6TH STREET, READING, PA 19602
108 & 114 & 115 S 6TH STREET, READING, PA 19602
+72
108 & 114 & 115 S 6TH STREET, READING, PA 19602
  • 72
Property ID: 110093476055
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Key property information

Land Size
3,049.20 sq ft
Parking Spaces
40

Commercial - READING, PA

108 & 114 & 115 S 6TH STREET, READING, PA 19602
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 07-5307-74-71-3483108 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-3417114  S 6th St Reading PA 19602 Tax ID 04-5306-27-89-2432115 S 6th, Reading PA 19602 Tax ID 04-5306-27-89-544439 S 9th St 19602 Tax ID  03-5316-21-09-1734  43 S 9th St Reading PA 19602 Tax ID 03-5316-21-09-1702405 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 Bldg108 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!!!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
40
Land Size
3,049.20 sq ft
Year Built
1900
Architecture Style
Other
County
BERKS
Provider
Iron Valley Real Estate of Berks
Subdivision
None Available
Brokerage Office Name
Iron Valley Real Estate of Berks
Brokerage Office Phone
(484) 450-8771
Neighbourhoods
READING CITY
Address
108 & 114 & 115 S 6TH STREET, READING, PA 19602

Nearby Schools

TypeSchool nameDistrict name
ElementaryNot availableNot available
HighNot availableNot available
JuniorhighNot availableNot available
MiddleNot availableNot available
Contact Agent
Melinda O'Neill
50 Berkshire COURT, Wyomissing, PA 19610
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Melinda O'Neill
50 Berkshire COURT, Wyomissing, PA 19610
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      Property ID: 110093476055

      Data provided by Iron Valley Real Estate of Berks, MLS #: PABK2046260
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