Fully occupied duplex on the northside of Reading. Rents are on the low side. Increasing rents to market value would bring this property up to a 10% Cap rate. Month to month. Owner pays water/sewer/trash and electricity in the hallways and basement. Please allow 24 hours advance notice for showings.

Architectural Style Traditional Construction Materials BrickConcreteMasonryStone Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Roof Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Above Grade Fin SQFT 2312 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel None Electric 100 Amp Service Existing Lease Type Month To Month Foundation Details Other Gross Income 19800.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 112.00 Municipality Reading City Navigable Water YN N Net Operating Income 12427.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense 7373.00 Operating Expense Includes Insurance Original MLSNumber 802346206120 Owner Pays InsuranceWaterTrash Collection Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 2789.00 Tax Assessment Amount 63800.00 Tax Lot 0703 Vacation Rental YN No Water Source Public Zoning Multi

Listing courtesy of Pagoda Realty: .

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153 Douglass Street

Description

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153 Douglass Street READING, PA 19601

Property Description

Architectural Style	Traditional
Construction Materials	Brick Concrete Masonry Stone
Garage YN	No
Parking Types	On Street
Pool	No Pool
Riparian Rights YN	No
Roof	Unknown
Water Access YN	No
Water Oriented YN	No
Water View YN	No
Waterfront YN	No

Above Grade Fin SQFT	2312
Basement	Fully Finished
Basement YN	Yes
Below Grade Finished Area	0
Below Grade Unfinished Area	0
Cooling	None
Fireplaces Total	0
Heating	Forced Air
Heating YN	Yes
Single Room Units	0
Three Bedroom Units	1
Two Bedroom Units	1

Acceptable Financing	Cash Conventional
Accessibility Features	None
Assessment Year	2023
Central Air YN	No
Cooling Fuel	None
Electric	100 Amp Service
Existing Lease Type	Month To Month
Foundation Details	Other
Gross Income	19800.00
Heating Fuel	Natural Gas
Hot Water	Natural Gas
Insurance Expense	112.00
Municipality	Reading City
Navigable Water YN	N
Net Operating Income	12427.00
New Construction YN	No
Number Of Units Leased	2
Number Of Units Total	2
Operating Expense	7373.00
Operating Expense Includes	Insurance
Original MLSNumber	802346206120
Owner Pays	Insurance Water Trash Collection
Ownership Interest	Fee Simple
Possession	Immediate
Property Sub Type	Duplex
Sale Type	Standard
Sewer	Public Sewer
Structure Design Type	Twin/Semi-Detached
Tax Annual Amount	2789.00
Tax Assessment Amount	63800.00
Tax Lot	0703
Vacation Rental YN	No
Water Source	Public
Zoning	Multi