1038 Walnut St, Reading, PA 19601

$309,900
1,355
SqFt

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List Price
$309,900
Days on Market
4
Status
ACTIVE
MLS#
PABK2075680
Living Area
1,355
Lot Size (Acres)
0.03
Style
Other
Year Built
1900
County
Berks
School District
Reading

Property Description

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

Additional Information

Area
Reading City (10201)
Subdivision
Reading
Taxes
$1348
School District
Reading
High School
Reading Senior
Heating
Radiator, Baseboard - Electric
Heating Fuel
Natural Gas
Cooling
None
Utilities
Natural Gas Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Light House Realtors, LLC. Contact: (484) 273-0056