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311 Elm Street

READING, PA 19601
  • $139,900
  • STATUS: Active
  • ON SITE: 193 Days
  • ID#: PABK377638
UPDATED: 42 min ago
$139,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,252
    SQFT
  • $43
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Welcome to this amazing investment opportunity on 311 Elm Street. This well maintained three unit property is an excellent investment opportunity. All three units offer two bedrooms, one bathroom, electric heat, electric hot water, and long term tenants. Tenants pay separate electric bills. With a cap rate of 9.4% this is a no brainer buy. Schedule your private tour today!!!

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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: 2021-11-30T09:51:07.43.
www.amandakrallteam.com/homes/117397921
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311 Elm Street READING, PA 19601

  • Price: $139,900
  • Status: Active
  • On Site: 193 Days
  • Updated: 42 min ago
  • ID#: PABK377638
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,252
SQFT
$43
$/SQFT
1900
Built
Neighborhood:
Reading
County:
Berks
Area:
Reading City (10201)
School District:
Reading
Property Description
Welcome to this amazing investment opportunity on 311 Elm Street. This well maintained three unit property is an excellent investment opportunity. All three units offer two bedrooms, one bathroom, electric heat, electric hot water, and long term tenants. Tenants pay separate electric bills. With a cap rate of 9.4% this is a no brainer buy. Schedule your private tour today!!!
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Good 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 3252 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Flooring Laminated Heating Radiator Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3 Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Existing Lease Type Month To Month Gross Income 25260.00 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 1400.92 Municipality Reading City Navigable Water YN N Net Operating Income 18512.75 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 1 Operating Expense 6747.25 Operating Expense Includes InsuranceTrash Original MLSNumber 304607834770 Owner Pays InsuranceSewerTaxes - Real EstateWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1521.00 Tax Assessment Amount 34800.00 Tax Lot 8070 Total Actual Rent 25260.00 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Resi

Listing courtesy of Keller Williams Platinum Realty.


©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: 2021-11-30T09:51:07.43.
 
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Iron Valley Real Estate
1958 Quentin Road
Lebanon PA, 17042