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Sold for $106,000 on 08/02/24
  • $106,000

    1130 Buttonwood St, Reading, PA 19604

    4beds
    1,058sqft
    Townhouse
    Built in 1890
    871 Square Feet Lot
    $130,700 Zestimate®
    $100/sqft
    $1,531 Estimated rent

    What's special

    Introducing a lucrative investment opportunity - a portfolio of 3 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 644 Birch St,Reading, PA,19604 2. 1130 Buttonwood St,Reading, PA,19604 3. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $43216, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 11.5%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $375,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties,are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 3-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2024 at 04:02am

    Listed by:

    Joe Colon 484-650-6749,

    Coldwell Banker Realty,

    Co-Listing Agent: Giselle Delgado 610-373-9900,

    Coldwell Banker Realty

    Bought with:

    Jose Manzueta, RS330810

    Iron Valley Real Estate of Berks

    Source: Bright MLS,MLS#: PABK2040950MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Oil
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,058
    • Total interior livable area: 1,058 sqft
    • Finished area above ground: 1,058
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 871 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 09531770124431
    • Zoning: RESI
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Reading
    • Subdivision: Reading
    • Municipality: READING CITY

    HOA & financial

    Other financial information
    • Total actual rent: 17400

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
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