- $450,000
Overview
- Five Or More Units
- 1900
Description
This five-unit property offers an investor an opportunity to acquire an established income-producing property with a diverse mix of occupants. The property includes two efficiency apartments, one one-bedroom apartment, one two-bedroom apartment, and a two-story garage. The garage is leased to a roofing business, providing an established commercial component and additional rental income. The property also benefits from established tenancy. One of the residential units is occupied by BCC, which has a long-term client residing in the home. One efficiency apartment is currently vacant. Several significant capital improvements have already been completed, including a new hot water heater, a high-efficiency heating system installed approximately two years ago, and a rubber roof installed approximately four years ago. The garage roof has also been updated. The owner currently pays all utilities. With a mix of residential units, an established commercial tenant, recent major improvements, and one currently vacant unit, this property provides an investor with existing rental income along with an opportunity to increase occupancy and maximize the property’s income potential.
Details
Updated on October 21, 2026 at 3:39 pm-
MLS ID PABK2078946
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Price $450,000
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Land (Acres) 0.07
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Year Built 1900
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Property Type Five Or More Units
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Property Status Commercial Sale, MLS Status ACTIVE-BRIGHT
Additional Detail
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AssessmentYear 2026
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Basement 1
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County Tax 457
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Cross Street Pine
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Exclusions Tenant's property
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FoundationDetails Stone
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Heating Hot Water
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Listing Broker RE/MAX Of Reading
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School District READING
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School Tax 927
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Sewer Public Sewer
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Short Sale No
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Stories Total 3
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Annual Taxes 2359
Features
Mortgage Calculator
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Monthly HOA Fees
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