148 N 11TH ST Pending

Reading,PA 19601

$ 229000

- Bed

- Bath

2074 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $110

MLS Listing ID PABK2047456

Style Traditional

Abv Grd Liv Area 2,074

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,310

Tax Year 2023

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 0.00 x 0.00

Property Description

This property is a rare find for any investor! It offers everything an owner could wish for. Each apartment features its own newer gas heating unit and individual gas hot water heater, with separate electric meters for each unit. As the owner, your responsibility is limited to covering water, sewer, and trash, while tenants handle their own gas and electric bills. These apartments are among the top 5% in Reading—truly the cream of the crop! The first-floor unit is a modern 2-bedroom with a contemporary kitchen, renting for $1,000. The second-floor unit is a spacious 3-4 bedroom with 1.5 baths, renting for $1,400. Properties like these are a rare find in Reading, especially in such excellent condition with reliable tenants. Plus, the location is unbeatable—situated right across from City Park, providing easy parking and making it highly desirable for tenants!

Location

State PA

County Berks

Area Reading City (10201)

Zoning RES

Rooms

Basement Full

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Flooring Fully Carpeted,Vinyl

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched,Metal

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 08-5317-69-11-0239

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard

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