1113 N 9TH STREET Reading, PA 19604

$139,000
1113 N 9TH STREET, Reading, PA 19604
PABK101852

Townhouse for sale in Reading, PA

for $139,000. This 2,200 square foot townhouse was built in 1930 on a lot size of 0.05 Acre(s).

Property Information

  • $139,000
  • Townhouse
  • 2,200 Square Feet
  • Taxes are $2,159
  • Other / Unknown
  • Active
  • Lot size of 0.05 Acre(s)
  • Built in 1930
  • Reading, PA
  • College Heights Neighborhood
  • Berks County
  • MLS/Web ID is PABK101852
  • Just Listed

Description

Very large & solid 5 unit in NE Reading producing excellent cash flow. Cap rate at 17%. All units have tenant paid electric. All units have electric baseboard heat, electric cooking and gas hot water. Unit 1, 1st fl front, has 3 rooms, 1BR rented for $495/month. Unit 2, 1st fl rear, has 3 rooms, 1BR, rented for $515/month. Unit 3, 2nd fl front, has 3 rooms, 1BR, rented for $480/month. Unit 4, 2nd fl rear, currently vacant, previously rented for $500/month. Unit 5, 3rd floor, rented for $625/month. 5 Gas hot water heaters paid by tenants. 2-200 AMP electric service lines. 2 Car off street parking. Building in good condition overall and located near public transportation, schools and shopping. This is an excellent investment property and a must have for your investment portfolio.

Room Information

  • Master Bedroom

Interior 6

Basement

  • Basement
  • Full Basement
  • Unfinished
  • Walk-Out

Flooring

  • Carpet(s)
  • Vinyl Flooring
  • Wood Floors

Heating Source

  • Electric

Heating System

  • Baseboard
  • Hot Water Heater: Gas

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Brick

Exterior

  • Other
  • Security Gate

Foundation

  • Stone

Land Improvements

  • Sidewalks
  • Street Lights

Roof

  • Pitched/Sloped

Miscellaneous 2

Other

  • Entry Location: Foyer

Utilities

  • Cable TV Available

† Excluded Feature

Neighborhood & Schools

School District: READING

 See complete school information

Listed By

Broker: RE/MAX OF READING

1113 N 9TH STREET, Reading, PA, 19604 is a Townhouse for sale at $139,000 with 2,200 sqft and a lot size of 0.05 Acre(s). 1113 N 9TH STREET was built in 1930. The property's zip code is 19604 which is in Reading, PA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Reading $326,083 135 % above $225,000 62 % above
Townhouse listings in Reading $164,592 18 % above $149,900 8 % above
Sold listings in Reading $99,138 29 % below $92,500 33 % below

Get the facts about Reading, PA!

Population 87,420
Population Growth (since 2000) 8 %
Median Income $27,231
Median Age 31.01
Households w/ Children 37 %

Residential Dwellings

  • Owned 12824
  • Vacant 3867
  • Rented 17000

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or Call us at 1-800-839-1363