1601 9th Street
Reading, PA 19604
MLS #7124108

Multi-Family
  • 3units
  • 3beds
  • 3baths
  • 0.2acres
ACTIVE $204,900
Est. P&I payment: $782.58/mo
1601 9th Street, Reading, PA 19604
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Description for 1601 9th Street, Reading, PA 19604
Looking for a multi family property with a store / commercial front? Well, look no further than this property here. Take advantage of rental income generation through the existing business within the commercial first floor space and two additional rental units. The options are endless, as the 5000 sq. ft of commercial space features new installation of gas, gas water heaters and new pipes. The two additional units are fully leased; one being a 2 bedroom ($650/month) and the other is a 1 bedroom ($650/month). Ample parking with 6 to 10 spaces along with multiple garages. Sale does NOT include the business, it includes the actual building. Investors / Buyers purchasing this property MUST sign a mandatory, minimum 1 year lease ($1,500/month) with existing business owners (commercial space tenants), with the option to renew. Showings are preferred during business hours from Monday through Friday from 8 to 5pm. Please schedule your showing today!
MLS #7124108
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My Notes for MLS #7124108

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: AptBldg,​Stor&Res,​Other
  • Land Square Feet: 8,712
  • Total Units: 3
  • Unit 1 Lease End: YEAR
  • Unit 2 Lease End: YEAR
  • Unit 3 Lease End: YEAR/COMM/BUS. SPACE
  • Property Age: 88
  • County: BERKS
  • Subdivision: NONE AVAILABLE

Exterior Features

  • Water Front: N
  • Exterior: Brick
  • Has Garage Flag: Y
  • Garage Spaces: 2-CarGarage
  • Garage Type: Attached
  • Parking: 8+CarParking,​Street,​ParkingLot,​Private

Interior Features

  • Basement: N
  • Basement Type: None
  • Two Bedroom Unit Count: 1
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Room Count Unit 1: 3
  • Baths Full Unit 2: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 3
  • Baths Full Unit 3: 1
  • Unit 3 Interior Sq Ft: 5,000
  • Room Count Unit 3: 6

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 650
  • Unit 2 Monthly Rent: 650
  • Unit 3 Monthly Rent: 1,500
  • Tax Year: 2018
  • Total Assessment: 75,600
  • Total Taxes: 3,272

School Features

  • High School: READING
  • School District: Reading

Miscellaneous Features

  • New Construction: N
  • Property Condition: Average+Prop
  • Type: SingleBldg

Location

 
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The listing information for 1601 9th Street, Reading, PA 19604 was graciously provided by our friends at the listing brokerage, Pagoda Realty & Property Management

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P&I Payment $782.58
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Last Updated 04/24/2018 at 4:12am
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