Reading, PA 19602,408 S 9TH ST

$375,000

$375,000

Est.Price: ?

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Est. payment /mo

3,216 SqFt


SOLD DATE : 10/11/2024

Key Details

Sold Price $375,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,216 sqft

Price per Sqft $116

MLS Listing ID PABK2045324

Sold Date 10/11/24

Style Other

Abv Grd Liv Area 3,216

Originating Board BRIGHT

Year Built 1889

Annual Tax Amount $2,229

Tax Year 2024

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 0.00 x 0.00

Property Description

Fully renovated, Huge 3 units apartment bldg , apt #1 first floor 3 bd ($ 1500 ) , apt # 2 second floor 4 bd ($1600 ), apt # 3 second floor 3 bd ( $ 1500 ). Cash Cow tenants pay own gas heat and hot water, owners pay only taxes , insurance , water and trash. Total income $55.000 Total expenses $ 7.000 WOW 14 % cap rate.
Tremendous opportunity for investors . owner occupied could live virtually free in a large unit with income from the other two units. contact listing broker, serious inquiries with POF.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R

Rooms

Basement Poured Concrete

Interior

Interior Features Other

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas Available

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction Y

Schools

Elementary Schools Amanda E. Stout

Middle Schools Southern

School District Reading

Others

Tax ID 02-5306-36-98-9049

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Reading Realty Group • Reading Realty Group
Bought with Unrepresented Buyer • Bright MLS
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