Description
Turnkey cash-flowing investment in growing reading city
seize this incredible investment opportunity in the rapidly developing reading city. this tenant-occupied, income-generating property offers immediate cash flow with a reliable tenant who pays on time, every time and takes excellent care of the home— even handling minor repairs themselves.
situated in a prime location near schools, grocery stores, and public transportation, this 4-bedroom, 1-bathroom home boasts ample square footage and strong rental demand. market rent potential is estimated at $1,750/month, including section 8 eligibility. this property is being sold with a tenant in place, subject to the terms of their lease.
with recent comparable sales (arvs) in the area ranging from approximately $165k–$185k, acquiring this property at just $125k presents significant equity upside. additionally, the tenants have expressed interest in a rent-to-own arrangement, subject to negotiation with the buyer.
don't miss out on this turnkey investment—schedule your showing today!
Property Type
ResidentialSubdivision
Southern ReadingCounty
BERKSStyle
TraditionalAD ID
48595340
Sell a home like this and save $7,001 Find Out How
Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
- Master Bedroom Level: 0
- Total Bedroom (Upper): 4
- Bedroom Upper Level 1: 3
- Bedroom Upper Level 1: 1
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Cooling: Wall Unit
- Heating: Hot Water
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1900
- Structure: Interior Row/Townhouse
- New Construction: No
- Built: 1900
- Construction Material: Brick
- Foundation/Basement: Stone,Brick/Mortar
- Architecture: Traditional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,306
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.03
- Architectural Style: Traditional
- Main Square Feet: 1,306
Property Information
- SQ ft: 1,314
- SQ ft (Living Area): 1,314
- Total Lot SQ ft: 1,306
- Subdivision: SOUTHERN READING
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.03
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 6
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,132
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $25,500
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: Use GPS
-
School, Utilities & Location Details
School Information
- School District: READING
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: Electric
Location Information
- Direction: Use GPS
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BuyOwner last updated this listing 02/22/2025 @ 18:02
- MLS: PABK2053580
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 4 bedrooms which is recently sold, it has 1,314 sqft, 1,306 sized lot, and 0 parking. are nearby neighborhoods.