2113 Penn Ave, Reading, PA 19609

10 beds6 baths6,000 sqft Edit

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Zestimate®: $492,779
Rent Zestimate®: $1,820/mo
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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Multi-Use investment property with 6 income units plus 2 story storage garage. 4 rental units consisting of 4/3/2/1 bedroom apartments. Owner has separate 2 bedroom apartment on 1st fl & Basement. Owner also operates Beauty Salon in 1st floor storefront. 6 incomes for investor!!! Two off-street parking spaces plus 2 car garage. Owner will sell salon business for additional $100,000, or continue to operate business and lease back storefront. 2800 sf garage on 2 floors (1400sf floor plate) is value added bonus. Structure can be built out as two additional apartments (additional income) plus rent out 2 car garage. Owner is flexible and will vacate or rent apartment / sell business or lease back storefront to accommodate the right buyer. 9.26% cap rate.  More Less 

Facts

  • Lot: 7,840.8 acres
  • Multi Family
  • Built in 1958
  • Views: 171 all time views

    Other

    • Floor size: 6,000 sqft
    • Zillow Home ID: 2143888788

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $492,779
    +$2,377 Last 30 days
    $453K
    $522K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,820/mo
    +$52 Last 30 days
    $910
    $3K
    Zestimate range

    Popularity on Zillow

    171 all-time views
    of this home (chart)

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    Market guide

    Zillow predicts 19609 home values will rise 0.1% next year, compared to a 0.1% increase for Reading Metro as a whole. Among 19609 homes, this home is valued 237.8% more than the midpoint (median) home, but is valued 15.5% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 19609, the number of foreclosures waiting to be sold is 20.5% less than in Reading Metro, and 41% less than the national average. This lower local number could help 19609 home values rise more quickly than other regions in Reading Metro.

    Learn more about forecast calculations or 19609 home values.
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      Nearby Schools in West Lawn

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org