$130,000
Active
16 Days Online
3 Beds1 Bath942 SQFT
Active

1208 Fidelity Street Reading, PA 19604

Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 312 Bern St, Reading, PA, 19601 2. 318 Bern St, Reading, PA, 19601 3. 644 Birch St, Reading, PA, 19604 4. 1130 Buttonwood St, Reading, PA, 19604 5. 211 N. 2nd St, Reading, PA, 19601 6. 1026 Spring St, Reading, PA, 19604 7. 1208 Fidelity St, Reading, PA, 19604 With a combined net operating income of $104, 379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $1, 085, 000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.

  • Property TypeTownhouse
  • NeighborhoodReading
  • CountyBerks
  • Taxes$1,268
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID NumberPABK2040954
  • Home Size Source Assessor
  • Year Built1900
  • Lot Size0.02 Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Basement Full
  • Number of Stories Three Or More
  • Acreage 0.02
  • Water Public
  • Property Sub Type Townhouse
  • Attached Garage No
  • Foundation Concrete Perimeter
  • Zoning RESI

Interior Features

  • Cooling Window Unit(s)Electric
  • Heating Forced AirNatural Gas
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No
  • MLS Area Reading City (10201)

Schools

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

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Monthly Payment (Est.)

$707
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