2609 Kutztown Rd, Reading, PA 19605

Muhlenberg Schools Victorian 2 Unit end of row in overall good condition, newer architectural shingle roof, new gas boiler, 200 AMP electric, replacement windows, 2 gas water heaters, owner pays gas heat, water/sewer, trash/recycling. Tenants pay electric and gas for cooking & hot water. Large fenced yard accessible by both units. Unit 1 - 1st floor has 4 rooms, 2 BRS, living room, kitchen, bath, gas cooking, enclosed porch used for storage, basement access, rented for 800 a month by a one year tenant. Unit 2 - 2nd & 3rd floors has 5 rooms, 2 private BRS, living room, kitchen, bath, gas cooking, large unfinished attic could be a 3rd BR, rented for 800 a month by a 2 year tenant. Total income: 19,200. Total expenses: 6367. Net Income: 12,833. Expenses breakdown: Taxes: 2441. Insurance: 536. W/S: 1940. Gas Heat: 1190. Trash/Rec: 140. Permits: 100. CAP Rate: 10%. Good tenants that wish to stay. Perfect for an owner occupant or investor. Being sold AS IS.