$185,000
$195,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
101 S 5TH AVE West Reading, PA 19611
1,307 SqFt
Key Details
Sold Price $185,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,307 sqft
Price per Sqft $141
MLS Listing ID PABK365488
Style Transitional
Year Built 1910
Annual Tax Amount $2,594
Tax Year 2020
Lot Size 1,307 Sqft
Property Description
This 3 unit in West Reading is only one block off of Penn Ave. It is fully rented with a 8% cap rate. The first floor is a deli and the rent is $800 per month. The second floor unit is 1 bedroom and they have been there for 10 years and the rent is $750. The third floor is a one bedroom and is rented for $750 per month. Owner expenses are:Gas $2354, Water & Sewer $2477, Electric $4199 Insurance $1983.
Location
State PA
County Berks
Area West Reading Boro (10293)
Zoning COMMERICAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Wall Unit
Exterior
Water Access N
Roof Type Flat
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wyomissing Area
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Marisa Aikman • Century 21 Gold