Attention Investors- Fantastic Opportunity! Seller Retiring. HIGH INCOME RETURN- Approximately 20% Cap Rate. Standout Property in a Great Neighborhood-Extra Clean and Low Maintenance. Building in great condition and ready for occupancy. Recent Property Code Inspection completed and passed July 29th,2013. First Floor is a large two bedroom with front porch, basement and rear yard access perfect for owner occupied. LIVE FOR FREE in one while the other two units pay your mortgage. Second unit is a one bedroom with nice kitchen, large bedroom and private rear deck, currently rented. Third unit is a two bedroom with extra nice flooring. History of long term tenants. Easy to rent. Heating was converted to gas in 2008. Well managed and maintained, individual gas meters for gas cooking and hot water. Individual water tanks. This is definitely one to go see.
Off market
$256,900
645 N 3rd St, Reading, PA 19601
--beds
3baths
2,375sqft
MultiFamily
Built in 1903
-- sqft lot
$256,900 Zestimate®
$108/sqft
$1,204 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Wall
Features
- Flooring: Tile, Other, Carpet, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,375 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 1,742 sqft
Details
- Parcel number: 14530758638952
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Other
Condition
- Year built: 1903
Community & neighborhood
Location
- Region: Reading