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  • $160,000

    312 Bern St, Reading, PA 19601

    5beds
    1,692sqft
    Townhouse
    Built in 1900
    1,306 sqft lot
    $189,700 Zestimate®
    $95/sqft
    $-- HOA

    What's special

    Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 312 Bern St, Reading, PA,19601 2. 318 Bern St, Reading, PA,19601 3. 644 Birch St,Reading, PA,19604 4. 1130 Buttonwood St,Reading, PA,19604 5. 211 N. 2nd St, Reading, PA,19601 6. 1026 Spring St, Reading, PA,19604 7. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2024 at 04:58am

    Listed by:

    Joe Colon 484-650-6749,

    Coldwell Banker Realty,

    Co-Listing Agent: Giselle Delgado 610-373-9900,

    Coldwell Banker Realty

    Bought with:

    Belle Guzman, RS371791

    United Real Estate Strive 212

    Source: Bright MLS,MLS#: PABK2040938MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,692
    • Total interior livable area: 1,692 sqft
    • Finished area above ground: 1,692
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 1,306 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 14530726699934
    • Zoning: RESI
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Reading
    • Subdivision: Reading
    • Municipality: READING CITY

    HOA & financial

    Other financial information
    • Total actual rent: 16800

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    Services availability
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