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    601 Lancaster Avenue

    READING, PA 19611
    • $729,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: PABK373106
    UPDATED: 67 min ago
    $729,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,100
      SQFT
    • $143
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    INCOME GENERATOR! No maintenance required! This 5 unit apartment building has been completely rehabbed. The building has a new roof, windows, and exterior. The plumbing and electrical have been updated throughout. The plumbing from the street has also been replaced along with the sidewalks. Each unit has a brand-new kitchen and bathroom. All units are occupied with an 8% cap rate!

    Monthly Payment Calculator



    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-02-26T00:04:22.897.
    www.tomtoole.com/homes/113804566
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    601 Lancaster Avenue READING, PA 19611

    • Price: $729,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: PABK373106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    5,100
    SQFT
    $143
    $/SQFT
    1900
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    School District:
    Reading
    Property Description
    INCOME GENERATOR! No maintenance required! This 5 unit apartment building has been completely rehabbed. The building has a new roof, windows, and exterior. The plumbing and electrical have been updated throughout. The plumbing from the street has also been replaced along with the sidewalks. Each unit has a brand-new kitchen and bathroom. All units are occupied with an 8% cap rate!
    Exterior Features

    Architectural Style Other Construction Materials Vinyl Siding Garage YN No Lot Features Corner Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Excellent Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 5100 Appliances Oven/Range - ElectricRefrigerator Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplaces Total 0 Flooring Ceramic Tile Heating Baseboard - Hot Water Heating YN Yes Inclusions 5 RANGES5 REFRIGERATORS Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 5 Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Concrete PerimeterStone Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Reading City Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304464195883 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 3156.00 Tax Assessment Amount 72200.00 Tax Lot 3180 Vacation Rental YN No Water Source Public Zoning Check With Listing Agent

    Listing courtesy of Bhhs Homesale Realty- Reading Berks.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-02-26T00:04:22.897.
     
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