$125,000 Price Analysis    ♡   Reading, PA 19604 3 bed 1 bath 942 SqFt ($132/SqFt) 871SqFt lot. Built 1900 Listed 2024-03-21, Taxes $1,267 | Ⓧ USDA Ineligible due to location near Reading |
Introducing a lucrative investment opportunity - a portfolio of 3 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. 644 Birch St, Reading, PA, 19604 2. 1130 Buttonwood St, Reading, PA, 19604 3. 1208 Fidelity St, Reading, PA, 19604 With a combined net operating income of $43216, 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 11.5%, demonstrating the strong income potential and value of these properties.
The entire portfolio is being offered at a package price of $375, 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, are currently occupied. This provides immedite cash flow and reduces the need for finding new tenants. Investing in this 3-property portfolio offers a un ique 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.
Presented by Joe Colon at
Coldwell Banker Realty.
Property MLS #PABK2040954 from BrightMLS
Full Bathrooms: 1
Heating Features: Forced Air
Heating: Yes
Lot Size Square Feet: 870
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsAnnual Tax Amount: 1268.0
Source Listing Status: Active
County: BERKS
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: BERKS
Property Subtype: townhouse
Source Neighborhood: READING
Postal Code Plus 4: 2930
Subdivision: READING
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $19,000 + $10,000 $29,000 | $1,267 |
| 2022 | $19,000 + $10,000 $29,000 | $1,267 |
| 2021 | $19,000 + $10,000 $29,000 | $1,267 |
| 2020 | $19,000 + $10,000 $29,000 | $1,255 |
| 2019 | $19,000 + $10,000 $29,000 | $1,255 |
| 2018 | $19,000 + $10,000 $29,000 | $1,255 |
| 2017 | $19,000 + $10,000 $29,000 | $1,246 |
| 2016 | $19,000 + $10,000 $29,000 | $1,231 |
| 2015 | $19,000 + $10,000 $29,000 | $1,173 |
| 2014 | $19,000 + $10,000 $29,000 | $1,159 |
| 2013 | $19,000 + $10,000 $29,000 | $1,159 |
| 2012 | $19,000 + $10,000 $29,000 | $1,107 |
| 2011 | $19,000 + $10,000 $29,000 | $1,094 |
| 2009 | $19,000 + $10,000 $29,000 | $1,010 |
| 2008 | $19,000 + $10,000 $29,000 | $1,089 |
| 2007 | $19,000 + $10,000 $29,000 | $1,089 |
$125,000
BrightMLS
Price Changed 2024-04-10
$130,000
BrightMLS
Listed 2024-03-21
$155,000
BrightMLS
Sold 2023-05-25
$84,000
BrightMLS
Relisted 2023-05-12
$99,000
BrightMLS
Listing removed 2023-04-15
$0
BrightMLS
Listed 2022-10-28
$99,000
BrightMLS
Year Built: 1900
Above Grade Finished Area: 942
Construction Materials: Brick
Property Age: 124
Levels or Stories: 3
Structure Type: Interior Row/Townhouse
House Style: Traditional
Total Area Sqft: 942
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.