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    131 Bern Street

    READING, PA 19601
    • $155,750
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: PABK373772
    UPDATED: 34 min ago
    $155,750
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,532
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Nice, fully rented income producing two unit available first week of March. This cash cow has a strong NOI and is in a great location near FirstEnergy Stadium. This just might be the ideal arrangement to live in one unit and have your tenants grow your equity very rapidly. For investors, the unit has a very stable rent role and the Cap rate will fit your investment objectives. Creative financing may be possible.

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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 Iron Valley Real Estate. 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: 2021-04-14T21:52:18.947.
    www.amandakrallteam.com/homes/114845638
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    131 Bern Street READING, PA 19601

    • Price: $155,750
    • Status: Active
    • Updated: 34 min ago
    • ID#: PABK373772
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1,532
    SQFT
    $102
    $/SQFT
    1920
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    Elementary School:
    Riverside
    Middle School:
    Northwest
    High School:
    Reading Senior
    School District:
    Reading
    Property Description
    Nice, fully rented income producing two unit available first week of March. This cash cow has a strong NOI and is in a great location near FirstEnergy Stadium. This just might be the ideal arrangement to live in one unit and have your tenants grow your equity very rapidly. For investors, the unit has a very stable rent role and the Cap rate will fit your investment objectives. Creative financing may be possible.
    Exterior Features

    Architectural Style Dwelling With Rental Construction Materials Stucco Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Average Riparian Rights YN No Roof SlateBuilt-UpCool/White Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1532 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ductless/Mini-Split Fireplace YN No Fireplaces Total 0 Flooring HardwoodCarpet Heating Zoned Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0 Walls Ceilings Plaster Walls

    Property Features

    Acceptable Financing FhaCashConventional Accessibility Features Ramp - Main Level Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Gross Income 18050.00 Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Reading City Navigable Water YN N Net Operating Income 13050.00 New Construction YN No Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 304489478831 Owner Pays Common Area MaintenanceHeater Maintenance ContractManagementSewerTrash CollectionWaterInsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 1941.00 Tax Assessment Amount 44400.00 Tax Lot 9182 Total Actual Rent 18780.00 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning R1 Zoning Description Existing: Duplex Two-Unit Residential

    Listing courtesy of Re/Max Action Associates.


    ©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 Iron Valley Real Estate. 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: 2021-04-14T21:52:18.947.
     
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    Lebanon PA, 17042