This Muhlenberg 2 unit is a great investment for the 1st time entrepreneur as well as those looking to add to their portfolio. The 1st floor unit has new flooring throughout, new kitchen cabinets and newer appliances. The 2nd floor unit has new carpet, an updated bath and newer appliances. The long term tenant (10 years) prefers to stay and pays his own electric. The detached 2 car garage has garage door openers, as well as it's own electric and rents for $100 per month. The homes basement provides convenient on-site washer/dryer access for both tenants and has generated $50 per month of additional income! The mechanicals are solid! A new high efficiency gas heater was installed in 2009. Gas hot water. Replacement windows recently installed. (2nd floor only) The Rubber roof is in good condition. This property provides excellent cash flow and would be a great opportunity for an owner occupied Buyer.Both tenants are on month to month leases! Put this one on your must see list! Call for details!
Off market
$222,500
223 Raymond St, Reading, PA 19605
2beds
1,140sqft
MultiFamily
Built in 1925
-- sqft lot
$222,500 Zestimate®
$195/sqft
$1,448 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Gas
Cooling
- Wall
Features
- CeilngFan(s), WindowTrmts, Energy Efficient Windows, Replacement Windows
- Flooring: Tile, Carpet, Hardwood, Laminate
Interior area
- Total interior livable area: 1,140 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick
Lot
- Size: 2,178 sqft
Details
- Parcel number: 66530816849250
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
Condition
- Average+Prop
- Year built: 1925
Community & neighborhood
Location
- Region: Reading
Other
Other facts
- CurrentFinancing: Conventional, VA, FHA 203(b), USDA
- LocaleListingStatus: ACTIVE
- Ownership: Fee Simple
- ExteriorFeatures: Sidewalks, StreetLights, Fencing
- GarageSpaces: 2-CarGarage
- GarageType: GarDoorOpner
- Heating: Radiator
- HotWater: Natural Gas
- Roof: ShingleRoof, PitchedRoof, FlatRoof
- SewerSeptic: Public Sewer
- State: PA
- Water: Public
- ElectricService: 100-150AmpEl
- InteriorSquareFeetSource: Assessor
- InteriorFeatures: CeilngFan(s), WindowTrmts, Energy Efficient Windows, Replacement Windows
- Exterior: Alum/Steel Siding
- LaundryType: HookupLaundr, YesLaundry, Common Laundry
- Parking: Street
- PropertyCondition: Average+Prop
- Storage: Garage
- Design: Duplex
- Entrance: KeyedEntr
- AdditionalIncomeSources: Laundry
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$222,500
2% more+$4,450
With Zillow Showcase(estimated)$226,950