Includes 4 garages which are rented for approx 170/month for three(included in Gross Annual Income) and the fourth is included in the rent. Current rent roll is substantially higher than past years due to upgrades. Tenants pay hot water and electric. Building has been upgraded approximately 35,000 during the past three years, including new roof and roof deck (4,000) windows (5,000), new efficient gas heating system (9,000), plus zoned heating, radiator controls and hidden thermostat and heating sensor behind wall to eliminate tampering (1,200) Attic insulation (2,300)for heat savings. Basement can possibly be rented as a store or office as it was in the past, for additional rental income. In addition, there is a washer/ dryer hookup in basement for possible coin laundry machines for tenants' convenience and additional income. Plenty of street parking as building is at the corner of 6th and Perry.
Off market
$69,600
1240 N 6th St, Reading, PA 19601
--beds
0baths
2,760sqft
MultiFamily
Built in 1920
-- sqft lot
$-- Zestimate®
$25/sqft
$1,350 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other, Gas
Cooling
- None
Interior area
- Total interior livable area: 2,760 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 2,613 sqft
Details
- Parcel number: 14530743873239
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Reading