A great investment opportunity for positive cash flow, this 3BR/1BA home is currently being rented for $700 a month. The current occupants pay all utilities, with the exception of water/sewer/trash. This home was rehabbed in October of 2013; renovations included new laminate hardwood flooring in the living room and bedrooms, new linoleum flooring in the kitchen and laundry room area, and fresh paint throughout. This property and its sister property are being managed by a local property management company. Start making positive cash flow immediately on this group of 2 properties in Reading, Pennsylvania. Units are for sale individually or as a package. Both units are currently rented and generating $1,525 a month in rent. All of the utilities are being paid in full at all properties with the exception of 1 unit where the owner is paying water/trash/sewer. Both properties have been fully rehabbed within the last four years and many extras have been added during this time frame. The properties are being managed by a professional, local property management company. The properties are being liquidated for 25% less than the appraised value...appraisals can be provided for serious inquiries. For more information, please visit MLS #'s 6971003 and 6971005. Please provide a return email or phone number if you wish to be contacted. Buyer must provide their own financing...no owner financing
Off market
$120,200
1253 Cotton St, Reading, PA 19602
3beds
1,152sqft
SingleFamily
Built in 1920
871 Square Feet Lot
$120,200 Zestimate®
$104/sqft
$1,532 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Other, Gas
Cooling
- Wall
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: Partially finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,152 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Brick
Lot
- Size: 871 sqft
Details
- Parcel number: 10531630270920
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
Materials
- masonry
- Roof: Other
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Reading
Other
Other facts
- Construction Materials: Brick
- Architectural Style: Traditional
- Heating YN: Y
- Bathrooms Full: 1
- Property Type: Residential
- Bathrooms Half: 1
- Ownership Interest: Fee Simple
- Parking Features: Street
- Heating Type: Hot Water, Oil
- Above Grade Fin SQFT: 1152
- Tax Annual Amount: 1095.0
- Tax Lot: 0920
- Standard Status: Active
- Pool: No Pool
- Total SQFT Source: Assessor
- Type of Parking: On Street
- Structure Type: Row/Townhouse
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$120,200
2% more+$2,404
With Zillow Showcase(estimated)$122,604