$320,000

3805 Kutztown Rd

READING PA, 19605

Description

This 3,570 SqFt mixed-use property is the perfect opportunity you won't want to turn down! This property includes three 2-bedroom apartments, 1 storefront, and two 10-foot garages! A Construction company currently rents the storefront and one of the garages for $1325+ heat and electricity. The three 2 bedroom apartments rent for $780, $790, and $810 + heat and electric and all tenants have lived here 3+yrs. Additional garage currently used by the owner. This property has been well maintained since the seller purchased it in 1987. Roof replaced in July 2020. The owner only pays RE taxes, insurance, and W/S/T. 10% Cap Rate!

Details

MLS#PABK366802
Listing TypeFor Sale
Sub-TypeResale
Status10000069142
Year1930
Days On Site22

Features

Units4
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Area Information
StatePA
CountyBERKS-PA
CityREADING
Zip Code19605
AreaLaureldale Boro (10257)
Listing VS Median (in 19605)
Price:
$320,000
low | high
Med:
$165,000
98.4375% of Average
On Site:
22
low | high
Med:
78
28.205128205128% of Average
Listing Updated: November 26, 2020 8:40:40 PM PST
Autumn Sanger LogoMLS Number: PABK366802
Listing Provided By:
Autumn Sanger  of  Weichert Realtors Neighborhood One
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