Great cash flow producing investment 2 unit end of row near City Park in very good condition. Unit 1 - 1st floor has 3 rooms, 1 BR, living, kitchen and bath. All electric unit with baseboard heat all tenant paid. 1 Year tenant at $500 per month. Unit 2 is an efficiency unit, 2 rooms, kitchen, BR and bath. All electric with baseboard heat all tenant paid. Unit is vacant but previously rented for $500 per month. Replacement windows. Shingle roof. Breaker panels. Fenced yard. Both units are very clean and good condition. Tenants currently split the water bill. Nearly 10k in net income a year! 25% CAP RATE!! Solid Investment property at a super affordable price! A must for your investment protfolio!
Off market
$99,800
1040 Walnut St, Reading, PA 19601
0beds
0baths
944sqft
SingleFamily
Built in 1900
871.20 Acres lot
$99,800 Zestimate®
$106/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Interior area
- Total interior livable area: 944 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 871.20 Acres
Details
- Parcel number: 08531769019298
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Converted Dwelling
Materials
- Other
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Reading
Other
Other facts
- Construction Materials: Aluminum Siding, Asbestos
- Heating YN: Y
- Ownership Interest: Fee Simple
- Property Type: Multi-Family
- One Bedroom Units Count: 1
- Single Room Units Count: 1
- Architectural Style: Converted Dwelling
- Structure Type: Townhouse/Rowhouse
- Tax Annual Amount: 1138.0
- Tax Lot: 9298
- Standard Status: Active
- Type of Parking: On Street
- Pool: No Pool
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.