26 S 10th St, Reading, PA 19602

$285,000

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List Price
$285,000
Days on Market
23
Status
ACTIVE
MLS#
PABK2076996
Lot Size (Acres)
0.03
Style
Contemporary
Year Built
1900
County
Berks
School District
Reading

Property Description

Welcome to this versatile mixed\-use property located in a desirable commercial area\. This property features three separate units: a commercial space, a spacious 3\-bedroom apartment, and a 2\-bedroom apartment\. All units are currently vacant, offering an excellent opportunity for an investor or owner\-user to establish new tenants and maximize rental income\. Two of the three units have been renovated, while the remaining apartment offers an opportunity for additional improvements and TLC\. Previous rental rates were approximately $1,800/month for the commercial unit, $1,500/month for the 3\-bedroom apartment, and $1,500/month for the 2\-bedroom apartment, providing a potential gross rental income of $4,800/month\. Each unit has its own separate electrical meter and electric heating\. The owner is responsible only for water, sewer, and trash\. With its mixed\-use layout, separate utilities, and strong rental potential, this property presents an excellent opportunity for investors looking to add value and generate income\.

Additional Information

Area
Reading City (10201)
Taxes
$969
School District
Reading
Heating
Forced Air
Heating Fuel
Electric
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of JM Diamond Realty. Contact: 6107506078