1313 N 9TH ST Reading, PA 19604

279998342 40.355167 -75.91924 230 /listing/279998342-150474843/1313-n-9th-st-reading-pa-19604 False 0 160000.0 3920 105 PABK363680 False
$160,000
  • 3,920 sqft
  • 0.09 lot
  • Est payment $858.91/mo

Property & Neighborhood Info

Courtesy Of Coldwell Banker Residential Brokerage-Wyomissing

Multi Family in READING

1313 N. 9th St is a triplex with many option on how to use it. Currently the property is set up for 3 apartment units all fully rented, with an additional 5 car garage and a separate 2 car garage. There is a cement courtyard in the back. The 1 bedroom unit has the 5 car garage attached to it, if you wanted to open a car repair or paint shop and also live in the front part, you most certainly can do that. the 1st floor unit is 2 bedroom. The 2nd floor unit is 3 bedrooms. The third unit is an efficiency apartment with a 5 car garage attached to it . The 2 car garage is being used as a storage area , which in all this property grosses 15% cap rate . Taxes are extremely low for this type of investment and in all this property boasts. 24 hours notice is required do to notifying tenants of showings.

Courtesy Of Coldwell Banker Residential Brokerage-Wyomissing
  1. 3,920 Sq. Ft.
  2. 0.09 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1970
  • Garage: 14.0
  • School District: READING
  • County: Berks
  • Taxes: $2,571.00
  • Tax Year: 2020
  • Units: 2
  • MLS Number:PABK363680

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • Window Unit(s)
  • Cooling Fuel:
    • Electric
  • Water Heater:
    • Natural Gas
  • Inclusions:
    • refrigerator (3) stove (3)
  • Fireplace Y/N:
    • No
  • New Construction:
    • No
  • Roof:
    • Flat
  • Water Source:
    • Public
  • Lot SF Source:
    • Assessor
  • Waterfront:
    • No
  • Spa:
    • No
  • Porch/Patio/Deck:
    • Patio(s)
  • Heating:
    • Baseboard - Electric
    • Radiator
  • Heating Fuel:
    • Electric
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electric Available
    • Natural Gas Available
    • Water Available
  • Accessibility Features:
    • Doors - Lever Handle(s)
    • Other
  • Water Access:
    • No
  • Financing:
    • Cash
    • Conventional
    • Exchange
    • Negotiable
  • Gross Income:
    • 28140.00
  • Gross Income Includes:
    • Apartment Rentals
    • Other
  • List Type (Exclusive):
    • Exclusive Right
  • Net Operating Income:
    • 23940.00
  • Owner Pays:
    • Sewer
    • Taxes - Real Estate
    • Trash Collection
    • Water
  • Rental Features:
    • No
  • # of Rooms:
    • 0
  • Assessment Year:
    • 2020
  • Cap Rate:
    • 14.90
  • Fireplaces Total:
    • 0
  • Insurance Exp:
    • 1100.00
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • 0-30 Days CD
  • Price Per SQFT:
    • 40.82
  • Rent Amount:
    • 28140.00
  • Total Parking Spaces:
    • 14
  • Unit 1 Bed Total Units:
    • 1
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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40.355167 -75.91924

1313 N 9TH ST Reading, PA 19604

279998342 40.355167 -75.91924 230 /listing/279998342-150474843/1313-n-9th-st-reading-pa-19604 False 0 160000.0 3920 105 PABK363680 False
  • $160,000
  • 3,920 sqft
  • 0.09 lot
  • Est payment $858.91/mo