$575,000
Active
21 Days Online
0 Beds0 Baths0 SQFT
Active

800 N 5th Street Reading, PA 19601

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Incredible turnkey investment opportunity in the Centre Park Historic District! This fully rented and restored 5-unit apartment building gives an instant return! Walking up to the building a covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, two utility closets, and a half bathroom. The foyer and lobby have been renovated. New carpet and new light fixtures have been installed and the original millwork adds charm. The basement has ample storage space, 2 sets of coin-operated washers and dryers are available for the tenants convenience. The garage roof and eaves were restored in 2017. The exterior brick and trim were also restored in 2017. All units have separate electric meters that were installed in 2018. A new roof was added in 2019. Starting on the first floor: Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air. Apartment (5) Private corner entrance to a modern studio. Second floor: Apartment (2) Updated 1 bedroom, 1 bath, Apartment (4) - bedroom, 1-bath with updated flooring and toilet. Third Floor: Apartment (3) 3-bedroom, 1-bath. A large 2-car tandem side entry garage with a 1-car driveway, which is currently rented out. This building has been well maintained and is ready for it's new caretaker.

  • Property TypeMulti-Family
  • NeighborhoodCentre Park Histor
  • CountyBerks
  • Taxes$6,321
  • HOA/Condo/Coop Fees$0
  • Days on Site20 Days
  • MLS StatusActive
  • MLS ID NumberPABK2042566
  • Home Size Source Assessor
  • Year Built1900
  • Lot Size0.16 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Colonial
  • Construction Brick
  • Parking Asphalt DrivewayOn StreetAttached GarageDriveway
  • Sewer Public Sewer
  • Electric 200+ Amp Service
  • Basement Full
  • Acreage 0.16
  • Water Public
  • Security Main Entrance Lock
  • Cross Street Douglass
  • Garage Spaces 2
  • Attached Garage Yes
  • Utilities Natural Gas Available
  • Foundation Permanent
  • Zoning COMMERCIAL

Interior Features

  • Cooling Central A/ CWindow Unit(s)Electric
  • Heating RadiatorSteamNatural Gas
  • Flooring Partially CarpetedHardwood
  • Window Features Wood Frame
  • Fireplace No

Exterior Features

  • Roof Rubber
  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area Reading City (10201)
  • Security Features Main Entrance Lock

Schools

School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,067
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