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408 S 9TH ST Reading, PA 19602
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Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $116
MLS Listing ID PABK2045324
Sold Date 10/11/24
Style Other
Abv Grd Liv Area 3,216
Originating Board BRIGHT
Year Built 1889
Annual Tax Amount $2,229
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 0.00 x 0.00
Property Description
Fully renovated, Huge 3 units apartment bldg , apt #1 first floor 3 bd ($ 1500 ) , apt # 2 second floor 4 bd ($1600 ), apt # 3 second floor 3 bd ( $ 1500 ). Cash Cow tenants pay own gas heat and hot water, owners pay only taxes , insurance , water and trash. Total income $55.000 Total expenses $ 7.000 WOW 14 % cap rate.
Tremendous opportunity for investors . owner occupied could live virtually free in a large unit with income from the other two units. contact listing broker, serious inquiries with POF.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R
Rooms
Basement Poured Concrete
Interior
Interior Features Other
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas Available
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction Y
Schools
Elementary Schools Amanda E. Stout
Middle Schools Southern
School District Reading
Others
Tax ID 02-5306-36-98-9049
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less
Bought with Unrepresented Buyer • Bright MLS
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