Address
302-304 N 9Th Street Reading, PA
Price
$ 460,000
Property Attributes
- MLS#PABK364838
- TypeMulti-Family
- CountyBERKS
- CityReading
- AreaReading City
- Zip19601
- StyleTraditional
- Year Built1890
- Taxes2588
- Price$ 460,000
- Bedrooms14
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Keller Williams Platinum Realty
Property Description
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.
| Price History | |
|---|---|
| 9/30/2020 | Listed $460,000 |
General Features
| Acceptable Financing | Cash, Conventional |
|---|---|
| Accessibility | None |
| Architectural Style | Traditional |
| Construction Materials | Brick, Copper Plumbing, CPVC/PVC |
| Cool Fuel | None |
| Cooling | None |
| County | BERKS |
| Exclusions | Kitchen commercial hood system with control and outdoor exhaust fan belongs to the restaurant. |
| Garage Y/N | No |
| Heating | Baseboard - Electric |
| High School District | READING |
| MLS Area | Reading City (10201) |
| New Construction | No |
| One Bedroom Units Count | 3 |
| Other Structures | Above Grade, Below Grade |
| Other Units | Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7 |
| Ownership | Fee Simple |
| Possession | Settlement |
| Property SubType | Other |
| Property Type | Multi-Family |
| Real Estate Owned Y/N | No |
| Roof | Asphalt |
| Sewer | Public Sewer |
| Single Room Units Count | 1 |
| Structure Type | End of Row/Townhouse |
| Tax Annual Amount | 2588.0 |
| Tax Lot | 9966 |
| Tax Year | 2020 |
| Total Units | 4 |
| Two Bedroom | 4 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | MIXED USE |
Interior Features
| Central Air Y/N | No |
|---|---|
| Heating Fuel | Electric |
| Heating Y/N | Yes |
| Hot Water | Electric |
| Three Bedroom Units Count | 1 |
Exterior Features
| Lot Dimensions | 0.00 x 0.00 |
|---|---|
| Lot Size Acres | 0.03 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 1307.00 |
| Navigable Water Y/N | No |
| Pool Y/N | No Pool |
| Type of Parking | On Street |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 19601
Price
Taxes
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Year Built
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