110 S 4th St, Reading, PA 19602

Well maintained 3 unit apartment building is looking for a new owner. This property has been meticulously maintained by the current owner, a former occupant of one of the apartment units. True pride of ownership is evident throughout. The property features 3 apartment units which are well maintained. The quality of the units helps with the low tenant turnover and high tenant loyalty you would expect in a quality building. A key amenity, not usually available in a city apartment building, is its own off street parking for 4 cars. There is a separate, much in-demand 3 car garage (needing refurbishment) which could provide extra income. Tenants pay electric; landlord pays water, sewer, trash and heat. Because the heat is included we feel the rents are low for the area for this quality of housing product. Increasing rents plus renovating the garage and adding laundry service provide a realistic value add opportunity to this well positioned, cash flowing property.