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    265 N Front Street

    READING, PA 19601
    • $114,900
    • STATUS: Pending
    • ON SITE: 55 days
    • MLS #: PABK2001626
    Pending
    UPDATED: 166 min ago
    $114,900
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,768
      SQFT
    • $65
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    Great investment opportunity for an investor or owner occupied buyer. This well maintained 2 unit offers a strong cap rate of 11.49%. The 1 st floor apartment rents for $675 a month and the 2 nd floor apartment rents for $750.00 a month. The tenants pay all utilities with the exception of sewer, water and trash. Off street parking makes this an easy unit to keep rented. Owner just installed 2 new hot water heaters.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-23T16:56:13.9.
    www.mynjhomesearch.net/homes/119818610
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    265 N Front Street READING, PA 19601

    • Price: $114,900
    • Status: Pending
    • Updated: 166 min ago
    • MLS #: PABK2001626
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1,768
    SQFT
    $65
    $/SQFT
    1900
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    School District:
    Reading
    Property Description
    Great investment opportunity for an investor or owner occupied buyer. This well maintained 2 unit offers a strong cap rate of 11.49%. The 1 st floor apartment rents for $675 a month and the 2 nd floor apartment rents for $750.00 a month. The tenants pay all utilities with the exception of sewer, water and trash. Off street parking makes this an easy unit to keep rented. Owner just installed 2 new hot water heaters.
    Exterior Features

    Architectural Style Transitional Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types AlleyOn Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1768 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenants Belongings Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Inclusions Two (2) Refrigerators Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

    Property Features

    Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel None Electric 100 Amp Service Heating Fuel Electric Hot Water Other Insurance Expense 800.00 Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 800860820260 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 695.00 Tax Assessment Amount 15900.00 Vacation Rental YN No Water Source Public Zoning R-3

    Listing courtesy of Century 21 Gold.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-23T16:56:13.9.
     
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