Fully renovated, Huge 3 units apartment bldg , apt #1 first floor 3 bd ($ 1500 ) , apt # 2 second floor 4 bd ($1600 ), apt # 3 second floor 3 bd ( $ 1500 ). Cash Cow tenants pay own gas heat and hot water, owners pay only taxes , insurance , water and trash. Total income $55.000 Total expenses $ 7.000 WOW 14 % cap rate. Tremendous opportunity for investors . owner occupied could live virtually free in a large unit with income from the other two units. contact listing broker, serious inquiries with POF.
Sold for $375,000 on 10/11/24
$375,000
408 S 9th St, Reading, PA 19602
6beds
--baths
3,216sqft
Triplex
Built in 1889
-- sqft lot
$393,500 Zestimate®
$117/sqft
$1,447 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 11, 2024 at 12:31pm
Listed by:
Reading Realty Group 610-507-2073,
Reading Realty Group
Bought with:
Unrepresented Buyer
Bright MLS
Source: Bright MLS,MLS#: PABK2045324
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas Available
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Other
- Basement: Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,216
- Total interior livable area: 3,216 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,178 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 02530636989049
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 1889
- Major remodel year: 2024
Utilities & green energy
- Electric: 150 Amps
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Other Internet Service
Community & neighborhood
Location
- Region: Reading
- Municipality: READING CITY
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$393,500
2% more+$7,870
With Zillow Showcase(estimated)$401,370