312 Bern Street
Reading, PA, 19601 $ 170,000
Bedrooms5 Baths1.0 Sq 1,692 Monthly Estimate*
$ 1,130
for $170,000 with 5 bedrooms and 1 full bath. This 1,692 square foot townhouse was built in 1900 on a lot size of 0.03.
Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 312 Bern St, Reading, PA,19601 2. 318 Bern St, Reading, PA,19601 3. 644 Birch St,Reading, PA,19604 4. 1130 Buttonwood St,Reading, PA,19604 5. 211 N. 2nd St, Reading, PA,19601 6. 1026 Spring St, Reading, PA,19604 7. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.
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FeaturesInteriorHeating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1692
Full Baths 1
Street Suffix STREET
Central Air Y/N N
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Immediate
Zoning RESI
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Brick
Exclusions tenants personal property
Year Built 1900
Levels 3
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality READING CITY
Accessibility None
County BERKS
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name READING
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 8
Status PENDING
Directions .
City READING
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area Reading City (10201)
Lot Size Square Feet 1306.00
Waterfront Y/N N
Street Name BERN
Tax Annual Amount 1080.0
Structure Type Interior Row/Townhouse
Condo/Coop Association Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft 100.47
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Days on Market 40
Standard Status Pending
Year Built Source Assessor
Tax Lot 9934
Total Actual Rent 16800.00
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public
Type of Parking None
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 12000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
josephcolonrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,130
- Monthly Property Taxes
- $90
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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.
Learn more about how to save NearbyTownhouse listings in Reading, PA
Average List Price $190,522
Percent of Sale Price 12%
About Reading, PA 89,350 Population
10% Since 2002
$ 27,966 Median Income
32.19 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
2183915 Elementary School
2183912 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/19/2024 | $155,000 | | Listed Price |