Presenting an exceptional investment opportunity at 46-48 N 6th Street in Reading, PA. This well-maintained commercial property boasts a total of 6 income-producing units, making it an attractive choice for savvy investors. The property is composed of two tax IDs on one deed, ensuring a streamlined ownership experience. Residential Units: 2 One-Bedroom Apartments 2 Two-Bedroom Apartments Each residential unit offers comfortable living spaces with tenants responsible for their own gas heat and electric, ensuring lower operating costs for the owner. Commercial Spaces: Pizza Shop with Dining Room (First Floor): This established pizza shop comes with a spacious dining area. Versatile Basement Space: The basement features a versatile commercial space ideal for an office, barber shop, beauty salon, or similar business, offering endless possibilities for additional income. Investment Highlights: Prime Location: Situated in a bustling area of Reading, this property benefits from high foot traffic and visibility, making it an ideal location for commercial tenants. Diverse Income Streams: With both residential and commercial units, this property provides a balanced portfolio of income sources. Tenant-Paid Utilities: Tenants cover their own gas heat and electric, minimizing expenses for the property owner. Strong Rental Demand: The mix of residential and commercial units ensures a steady demand, contributing to consistent rental income.
Sold for $520,000 on 10/04/24
$520,000
46-48 N 6th St, Reading, PA 19601
8beds
--baths
--sqft
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$--/sqft
$1,056 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 04, 2024 at 08:44am
Listed by:
Jennifer Javier 917-981-0012,
RE/MAX Of Reading,
Co-Listing Agent: Israel Gonzalez 610-914-6203,
RE/MAX Of Reading
Bought with:
NON MEMBER
Non Subscribing Office
Source: Bright MLS,MLS#: PABK2045242

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Other, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 871 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 07530783803746 & 07530783803744
- Zoning: MIXED USE
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Reading
- Municipality: READING CITY
HOA & financial
Other financial information
- Total actual rent: 82140
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple