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1126 Franklin Street Reading, PA $ 375,000
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$ 375,000 Get more info
1126 Franklin Street
$ 375,000
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1126 Franklin Street

Reading, PA, 19602
$ 375,000
Baths0.0 Sq 3,780

Monthly Estimate*

$ 2,619

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Studio

Commercial Property for sale in Reading, PA

for $375,000. This 3,780 square foot building was built in 1900 on a lot size of 0.03.

Calling all multi-unit real estate investors! 5 residential units, within a prime location making it easy to rent out. Both the exterior and interior of the property have been recently freshly painted, in addition to recently replaced flooring throughout. Review the numbers and make this cash flow yours! Please reach out today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: 4850. Unit/Apartment 2: $850. Unit/Apartment 3: $850. Unit/Apartment 4: $900. Unit/Apartment 5: $900.

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Commercial Active

Price

$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,604

Style

Apartment Building

Lot Size

0.03

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2040558
Features
Interior
Heating Fuel Electric Natural Gas
Flooring Carpet Tile/Brick Vinyl Other
Hot Water Electric Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air Radiator
Cooling None
Utilities Electric Available Natural Gas Available
Possession Immediate
Roof Other
Zoning COMMERCIAL
Security Features Smoke Detector
Construction Materials Brick Other
Year Built 1900
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Business Type Apartment Building
Accessibility None
County BERKS
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions Head east on Penn Avenue right on S 10th St left on Franklin St.
City READING
Buyer Agent Compensation 2.5
Total Units 5
MLS Area Reading City (10201)
Lot Size Square Feet 1306.00
Waterfront Y/N N
Street Name FRANKLIN
Tax Annual Amount 1604.0
Price Per Sq Ft 100.0
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 37
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 3562
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Rear Yard
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 3750.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Unknown
Land Assessed Value 8800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1126
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* Excluded Features
List By
Pagoda Realty

Broker

jthelusca@pagodarpm.com

Email

Affordability Calculator

$2,753
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/11/2024$375,000 Listed Price

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1126 Franklin Street, Reading, PA, 19602 is a Commercial Property for sale at $375,000 with 3,780 sqft and a lot size of 0.03. 1126 Franklin Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 19602 which is in Reading, PA

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