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Off market
  • $234,500

    1113 N 9th St, Reading, PA 19604

    6beds
    0baths
    2,200sqft
    Condo
    Built in 1930
    -- sqft lot
    $234,500 Zestimate®
    $107/sqft
    $1,708 Estimated rent

    What's special

    Very large & solid 5 unit in NE Reading producing excellent cash flow. Cap rate at 17%. All units have tenant paid electric. All units have electric baseboard heat, electric cooking and gas hot water. Unit 1, 1st fl front, has 3 rooms, 1BR rented for $495/month. Unit 2, 1st fl rear, has 3 rooms, 1BR, rented for $515/month. Unit 3, 2nd fl front, has 3 rooms, 1BR, rented for $480/month. Unit 4, 2nd fl rear, currently vacant, previously rented for $500/month. Unit 5, 3rd floor, rented for $625/month. 5 Gas hot water heaters paid by tenants. 2-200 AMP electric service lines. 2 Car off street parking. Building in good condition overall and located near public transportation, schools and shopping. This is an excellent investment property and a must have for your investment portfolio.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,200 sqft

    Property

    Lot
    • Size: 2,178 sqft

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other, Converted Dwelling
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Reading

    Other

    Other facts
    • Heating YN: Y
    • Ownership Interest: Fee Simple
    • Property Type: Multi-Family
    • Construction Materials: Brick, Stucco
    • Architectural Style: Other, Converted Dwelling
    • Standard Status: Active
    • Tax Annual Amount: 2159.0
    • Pool: No Pool
    • Type of Parking: Driveway
    • Structure Type: Row/Townhouse
    • Tax Lot: 1309
    Services availability
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