Fantastic opportunity to own a high-yield and multi-unit rental property (9% cap rate) in the heart of West Reading Borough (Wyomissing Area School District)! You can rent both units or live-in-one, rent-the-other. Unit One has 1 bedroom, 1 bathroom, a spacious living room and kitchen. The unit has had a reliable, long-term tenant on a month-to-month lease for the past five years. Unit Two has 2 bedrooms (second bedroom on the 3rd fl), 1 bathroom, a spacious living room and a large kitchen. It just became vacant in July. The walkout basement has another room for office or storage, a half bath, and laundry room. This well-maintained property has had a lot of recent renovations, including plumbing and electricity update and replacement windows. Unit One was thoroughly renovated 5 years ago. Unit Two was renovated 2 years ago. Roof, siding, and water heaters were replaced just 2 years ago. This property is ideally located within walking distance to West Reading’s vibrant shops, restaurants, bars, parks, library, museum, and Reading Hospital. Whether you're an investor or looking for a multi-family home with income potential, this is a must-see! Schedule today, this one won't last.
For sale
Price cut: $20.8K (7/30)
$298,000
332 Franklin St, West Reading, PA 19611
3beds
1,704sqft
Est.:
Townhouse
Built in 1920
1,742 Square Feet Lot
$291,700 Zestimate®
$175/sqft
$-- HOA
What's special
- 34 days
- on Zillow |
- 870 |
- 23 |
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