Very nice 3-unit residential brick apartment building with happy long-term tenants equating to turn-key investment. Property ready for new owner. Update mechanicals, relatively new flooring, and brand new decks completed at all levels to the rear. Leases have converted to month-to-month. Tenants pay electric. 1 tenant pays for her heat. WaterSewer/Trash is Landlord expense as indicated. Gross annual rental income currently $21,300/year.
Off market
$288,400
535 Elm St, Reading, PA 19601
--beds
0baths
2,793sqft
MultiFamily
Built in 1900
-- sqft lot
$288,400 Zestimate®
$103/sqft
$1,434 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Radiant
Cooling
- None
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,793 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 4,356 sqft
Details
- Parcel number: 07530775822063
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Reading
Other
Other facts
- Balcony
- Cooling System: Air Conditioning
- Electricity not included in rent
- Gas included in rent
- Heating included in rent
- Hot water included in rent
- Sewage included in rent
- Utilities included in rent