1516 N 11th St, Reading, PA 19604

Very large 2-unit building near Albright College in upper Northeast Reading designed and built as a 2 unit. Unit 1 is currently owner occupied and consists of 5 total rooms, 2 private BRs, living and dining room, modern kitchen and bath, hardwood floors, front and rear porches, access to very large full partially finished basement with access to the oversized 1-car garage with automatic opener. Unit 2 is currently vacant and consists of 5 total rooms, 2 private BRs, living and dining rooms, modern kitchen and bath, hardwood floors, front and rear balconies, rear egress stairway to the 2nd floor rear porch, and access to the attic for storage. Some updates include a newer high-efficiency gas boiler in 2009, 2 separate gas water heaters, 200 AMP main electric with individual 100 AMP breaker panels. Owner pays heat and cold water. This property is perfect as an owner- occupied investment or for an investor. VERY GOOD CASH FLOW! 12% CAP RATE!