$360,000
Active
21 Days Online
0 Beds0 Baths1,956 SQFT
Active
937 Elm Street Reading, PA 19601
3-unit apartment building plus 2 car garage. Long term ownership, first sale in 17 years, fully occupied, tremendous upside rents are 20-30% below market. Property could also be purchased as a part of a portfolio with 222 N 10 Street, 529 N 10 Street, 1030 Windsor St for a total of 16 units. Current CAP rate 6.9%, proforma CAP rate 8.5%. Portfolio is known as Portfolio #4 and a part of a larger portfolio with multi-family properties of every size, in every neighborhood in the city. Visit us on CREXI.com/multi-family/Reading PA for a complete offering memorandum.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBerks
- Taxes$1,884
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID NumberPABK2043700
- Home Size Source Assessor
- Year Built1900
- Lot Size0.05 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 937 Elm Street Reading, PA 19601
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General Features
- Style Colonial
- Construction Brick
- Parking On Street
- Sewer Public Sewer
- Electric 200+ Amp Service
- Basement Outside EntranceInterior Access
- Acreage 0.05
- Water Public
- Zoning R
- Property Sub Type Triplex
- Attached Garage No
- Utilities Natural Gas AvailableSewer AvailableWater Available
- Foundation Brick/ Mortar
Interior Features
- Cooling None
- Heating RadiatorNatural Gas
- Flooring HardwoodLaminated
- Fireplace No
Exterior Features
- Roof Asphalt
- Spa No
- Waterfront Property No
Community Features
- MLS Area Reading City (10201)
Schools
School District
READING
Elementary School
TENTH AND PENN
Middle School
NORTHEAST
High School
READING SENIOR
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Monthly Payment (Est.)
$1,906Copyright ©2024 Information is deemed reliable but not guaranteed.