$375,000
Active
20 Days Online
0 Beds0 Baths2,790 SQFT
Active

1314 Spruce Street Reading, PA 19602

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3- unit apartment building, long term ownership first sale in 17 years, tremendous upside, tenants are month to month, fully occupied, rent are 20-30% below market Property could also be purchased as a package with 106 S 9 Street and 408 S 9 Street for a total of 10 units. solid brick bldgs within minutes from each other for easy management. Family oriented neighborhood near schools, major thoroughfare (Perkiomen), priced right with a CAP rate exceeding 8%. For complete offering memorandum visit us at CREXI.com/multi-family/Reading PA.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyBerks
  • Taxes$1,727
  • HOA/Condo/Coop Fees$0
  • Days on Site20 Days
  • MLS StatusActive
  • MLS ID NumberPABK2043636
  • Home Size Source Assessor
  • Year Built1905
  • Lot Size0.04 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Recent Activity For 1314 Spruce Street Reading, PA 19602

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General Features

  • Style Art Deco
  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Basement Poured Concrete
  • Acreage 0.04
  • Water Public
  • Property Sub Type Triplex
  • Attached Garage No
  • Utilities Natural Gas AvailableWater Available
  • Foundation Brick/ MortarConcrete Perimeter
  • Zoning R

Interior Features

  • Cooling None
  • Heating RadiatorNatural Gas
  • Flooring CarpetLaminatedHardwood
  • Fireplace No

Exterior Features

  • Roof Asphalt
  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area Reading City (10201)

Schools

School District
READING
Elementary School
AMANDA E. STOUT
Middle School
SOUTHERN
High School
Unknown

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Monthly Payment (Est.)

$1,986
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