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Off market
  • $651,600

    2113 Penn Ave, Reading, PA 19609

    10beds
    6baths
    6,000sqft
    MultiFamily
    Built in 1958
    -- sqft lot
    $651,600 Zestimate®
    $109/sqft
    $1,776 Estimated rent

    What's special

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Interior area
    • Total interior livable area: 6,000 sqft

    Property

    Lot
    • Size: 7,840 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1958

    Community & neighborhood

    Location
    • Region: Reading
    Services availability