INCOME GENERATOR! No maintenance required! This 5 unit apartment building has been completely rehabbed. The building has a new roof, windows, and exterior. The plumbing and electrical have been updated throughout. The plumbing from the street has also been replaced along with the sidewalks. Each unit has a brand-new kitchen and bathroom. All units are occupied with an 8% cap rate!
Sold for $900,000 on 05/31/24
$900,000
601 Lancaster Ave, Reading, PA 19611
--beds
0baths
5,100sqft
MultiFamily
Built in 1900
-- sqft lot
$961,300 Zestimate®
$176/sqft
$1,327 Estimated rent