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Prime Commercial Investment Opportunity in Reading City This is a fantastic addition to any investment portfolio! Located in the heart of Reading City, this versatile 3-building corner property offers significant potential. The asset includes 12 residential units, 1 commercial space currently operating as a Bodega, and a spacious storage unit that was previously a Laundromat. Tenants cover electric, heat, and hot water, ensuring strong returns for the owner. The storage unit, once a Laundromat, retains its own separate water meter. The landlord is responsible for water, sewer, property taxes, and trash removal. While the property requires some TLC, it offers great upside potential for the right investor. Showings are available to qualified buyers only, ensuring a smooth and efficient transaction. This property presents a rare combination of residential, commercial, and storage spaces in a prime location"”don't miss out on this exceptional investment opportunity!
| DAYS ON MARKET | 1 | LAST UPDATED | 11/25/2024 |
|---|---|---|---|
| TRACT | READING | YEAR BUILT | 1880 |
| COMMUNITY | Reading City (10201) | COUNTY | BERKS |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Reading City (10201) |
| HEAT | Baseboard, Electric |
| LOT | 4792 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | READING |
| TAXES | 8477 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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