302-304 N 9th St, Reading, PA 19601

This cash cow is a 9 unit property. Gross annual income is $71,082 and operating expenses are $16,816. The sale includes 302 and 304 N 9th St. The 302 N 9th St building has 1 commercial unit and 4 residential. The 304 N 9th St building has 4 residential units. It is one deed but each property has its own property and school tax bill and water meter. The property has many upgrades which include:1. ROOF DONE IN 2019.2. 1 NEW ELECTRIC HOT WATER HEATER.3. 4 NEW GAS HOT WATER HEATERS.4. 9 GAS LINE METERS; ONE FOR EACH UNIT.5. SOME NEW DOUBLE HUNG WINDOWS.6. 10 ELECTRIC METERS- FOR EACH UNIT AND OWNER.7. UPGRADED ELECTRIC SERVICE FROM 200 AMP TO 400 AMP.8. BRAND NEW MAIN BREAKER, METER AND BOX.9. BRAND NEW 10 ELECTRIC METER BOX AND WIRES.10. NEW CERAMIC FLOOR IN RESTAURANT.11. 304 N 9ST NEW COPPER WATER LINES AND VALVES TO EACH APARTMENT.12. NEW LAMINATE AND VINYL FLOORING IN SOME APARTMENTS.13. OUTDOOR AND INDOOR SENSOR LIGHTS INSTALLED.