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Sold for $240,000 on 03/03/23
  • $240,000

    1129 N 9th St, Reading, PA 19604

    5beds
    --baths
    2,394sqft
    Townhouse
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $100/sqft
    $1,914 Estimated rent

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    $1,914/mo

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    $1,914/mo

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    $1,531/mo

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    What's special

    IMPECCABLE 3-UNIT APARTMENT BUILDING so well maintained! Conveniently located in Reading, PA This property has a long-term rental history, off street parking, and public utilities. Building has two 2 Bedroom & one 1 Bedroom apartments. and occupied. All mechanicals are in great condition. Stable tenants and strong cash flow. Newer windows, updated roof, this property has been very well maintained. Rents are below market and still offers a 7.35 cap rate! Such a great investment opportunity! Gross Income: $29,880. Expenses 10,770. Net Income: $19.110. Make your viewing appointment today!

    Zillow last checked: 8 hours ago

    Listing updated: March 04, 2023 at 11:47am

    Listed by:

    Agnes Diehl 570-460-5823,

    Global Properties PA

    Bought with:

    Luis Martinez, RS348957

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PABK2018924MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,394
    • Total interior livable area: 2,394 sqft

    Property

    Parking
    • Parking features: Asphalt, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Size: 1,742 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 13531737061501
    • Zoning: RESIDENTIAL MULTI FAMILY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    • Property subtype: Townhouse
    Materials
    • Brick, Combination, Stucco
    • Foundation: Block
    • Roof: Flat,Rubber
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Reading
    • Municipality: READING CITY

    HOA & financial

    Other financial information
    • Total actual rent: 19110

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: Conventional,Negotiable
    • Ownership: Fee Simple