1. Pennsylvania
  2. Reading
  3. 108 & 114 & 115 S 6TH STREET
$3,060,000

108 & 114 & 115 S 6TH STREET, Reading, PA 19602

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

6 Parcel TURNKEY Investment including 24 units, 2 of which are commercial and 40 Parking spaces. This package brings in 311,000 in gross rents and reflects a net operating income of aprox 240,000 and 7.7% cap rate. With all rents set at market value this package is making money from day 1. THE FOLLOWING ARE INCLUDED: 405 Walnut Street, Reading PA 19601 Tax ID 07-5307-74-71-3483 108 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-3417 114 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-2432 115 S 6th, Reading PA 19602 Tax ID 04-5306-27-89-5444 39 S 9th St 19602 Tax ID 03-5316-21-09-1734 43 S 9th St Reading PA 19602 Tax ID 03-5316-21-09-1702 405 Walnut - 3 units featuring ceramic tile flooring throughout, two large balconys/decks and fenced yard, bathroom tile upgrades in Apt 1 &3, all units pay their own electric (3rd floor electric heat), Landlord pays gas heat for Apt 1 and 2. and water for the Bldg 108 S 6th St - 5 unit mixed use ( 1st fl commercial) New appliances, microwaves, Porcelain Tile Throughout, Ceilings replaced With Drywall, New Double Hung Windows, Bathrooms Updates in, Apt 1,2F, 2R, 3, Cable, Separate Utilities including tenant paid electric heat. (sub panel in each apt), Security Cameras Installed 2021, 2 income producing Parking Spaces (Driveway) MORE DETAILS AND PHOTOS TO FOLLOW!!!

Listing Status:
Active
Date Added:
March 27, 2025 at 05:00AM
Listing Office:
Iron Valley Real Estate of Berks : 4844508771
Listing Agent:
Melinda O'Neill : 6103012742
MLS ID:
PABK2046260
  • A/C: Wall Unit
  • Heating: YForced AirHot WaterBaseboard - ElectricElectricNatural Gas
  • Disability Feature: None

This listing courtesy of Melinda O'Neill, Iron Valley Real Estate of Berks

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tyson-Schoener Elementary School

315 S 5th St, Reading, PA, 19602

Grades PK-4

0.24 miles away

S

Southwest Middle School

300 Chestnut St, Reading, PA, 19602

Grades 5-8

0.29 miles away

R

Reading Senior High School

801 N 13th St, Reading, PA, 19604

Grades 9-12

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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