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    816 N Front Street

    READING, PA 19601
    • $525,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: PABK375074
    $525,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    ****ATTENTION INVESTORS*** THIS LISTING IS FOR BOTH 816 AND 814 N FRONT. Package deal for sale! Seller Will sell Elm and Chestnut separately. Tenants pay utilities, there are separate meters. Landlord pays water/sewer: $1860/month average for the 4 properties. ($22,300/yr) Insurance: $5460/yr Taxes: 7018/yr Asking $950K or best offer Great from an operational perspective- conveniently located not too far from each other. Most tenants have been there for 3-4 years. One vacancy All rents are current. You may consider updating cabinets and flooring. There are no major repairs needed. Rents have not been increased recently and are below market value 816 N Front street Reading 19601 #1 : $ 775 (2 bedroom ) #2 : $ 600 (2 bedroom ) #3 : $ 550 (1 bedroom ) #4: $ 775 (3 bedroom ) #5 : $ 750 (3 bedroom ) 814 N Front street Reading 19601 #1 : $ 750 (2 bedroom ) #2 : $ 600 (1 bedroom ) #3 : $ 575 (1 bedroom ) 130 Elm street Reading 19601 $ 725 (3 bedroom ) $ 550 (1 bedroom ) $ 700 (3 bedroom ) $ 675 (2 bedroom ) 612 chestnut street Reading 19602 #1 : $ 700 (3 bedroom ) #2 : $ 550 (1 bedroom ) #3 : $ 750 (4 bedroom ) J.R.Heller is a a real estate investment company selling our assignable purchase contract. Owner of the company is a licensed agent in the state of PA.

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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: 2021-06-19T23:52:02.11.
    www.amandakrallteam.com/homes/115559942
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    816 N Front Street READING, PA 19601

    • Price: $525,000
    • Status: Active
    • ID#: PABK375074
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1900
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    School District:
    Reading
    Property Description
    ****ATTENTION INVESTORS*** THIS LISTING IS FOR BOTH 816 AND 814 N FRONT. Package deal for sale! Seller Will sell Elm and Chestnut separately. Tenants pay utilities, there are separate meters. Landlord pays water/sewer: $1860/month average for the 4 properties. ($22,300/yr) Insurance: $5460/yr Taxes: 7018/yr Asking $950K or best offer Great from an operational perspective- conveniently located not too far from each other. Most tenants have been there for 3-4 years. One vacancy All rents are current. You may consider updating cabinets and flooring. There are no major repairs needed. Rents have not been increased recently and are below market value 816 N Front street Reading 19601 #1 : $ 775 (2 bedroom ) #2 : $ 600 (2 bedroom ) #3 : $ 550 (1 bedroom ) #4: $ 775 (3 bedroom ) #5 : $ 750 (3 bedroom ) 814 N Front street Reading 19601 #1 : $ 750 (2 bedroom ) #2 : $ 600 (1 bedroom ) #3 : $ 575 (1 bedroom ) 130 Elm street Reading 19601 $ 725 (3 bedroom ) $ 550 (1 bedroom ) $ 700 (3 bedroom ) $ 675 (2 bedroom ) 612 chestnut street Reading 19602 #1 : $ 700 (3 bedroom ) #2 : $ 550 (1 bedroom ) #3 : $ 750 (4 bedroom ) J.R.Heller is a a real estate investment company selling our assignable purchase contract. Owner of the company is a licensed agent in the state of PA.
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2315.00 Cooling Other Heating Hot Water Heating YN Yes Net Square Feet 2315.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel Other Heating Fuel Natural Gas Hot Water Other Incorporated City Name Reading City Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 304534816381 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2850.00 Tax Assessment Amount 65200.00 Tax Lot 5877 Vacation Rental YN No Water Source Public Zoning Res

    Listing courtesy of J.R. Heller.Com, Llc.


    ©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: 2021-06-19T23:52:02.11.
     
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