925-927 Pike Street

    READING, PA 19604
    • $800,000
    • STATUS: Active
    • ON SITE: 99 days
    • ID#: PABK341254
    UPDATED: 20 min ago
    $800,000
    • 3
      BEDS
    • 0.02
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,046
      SQFT
    • $765
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:

    School Ratings & Info

    School District:

    Description

    This is a package deal of 16 singles and 2 two units for a total of 20 units being sold for $800,000. Community First Fund has said they would finance this as a package. All units fully rented and code approved in all areas of Reading. Landlord has a property manager that takes care of the business. Landlord pays only taxes and insurance. Tenants responsible for water, sewer, trash, heat. This is a turn key business that brings in around $12,000 a month. Please call listing agent to set up showings and get financials from property manager.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-08-19T10:53:20.167.
    www.schuylkillrealestate.com/homes/94678622

    925-927 Pike Street READING, PA 19604

    • Price: $800,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: PABK341254
    3
    Beds
    1
    Baths
    0
    ½ Baths
    0.02
    Acres
    1,046
    SQFT
    $765
    $/SQFT
    1930
    Built
    Neighborhood:
    Reading City (10201)
    County:
    Berks
    Area:
    Reading City (10201)
    School District:
    Reading
    Property Description
    This is a package deal of 16 singles and 2 two units for a total of 20 units being sold for $800,000. Community First Fund has said they would finance this as a package. All units fully rented and code approved in all areas of Reading. Landlord has a property manager that takes care of the business. Landlord pays only taxes and insurance. Tenants responsible for water, sewer, trash, heat. This is a turn key business that brings in around $12,000 a month. Please call listing agent to set up showings and get financials from property manager.
    Exterior Features

    Construction Materials Brick Garage Spaces 1.00 Garage Type Additional Storage Area Garage YN Yes Location Type Downtown Other Structures Above GradeBelow Grade Parking Features Public Parking Types Detached GarageOff StreetOn Street Property Condition Average+ Riparian Rights YN No View CityStreet Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1046 Basement Full Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 1046.00 Cooling Window Unit(S) Fireplaces Total 0 Heating Hot Water & Baseboard - Electric Heating YN Yes Net Square Feet 20000.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Assessment Year 2019 Association YN No Business Type Other Central Air YN No Cooling Fuel Electric Electric 100 Amp ServiceCircuit Breakers Gross Income 144000.00 Heating Fuel Natural GasElectricOil Historic YN No Hot Water ElectricNatural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 20 Operating Expense Includes Insurance Original MLSNumber 301706966829 Owner Pays ManagementRepairsPest ControlTaxes - Real Estate Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1082.0 Tax Assessment Amount 25000.0 Tax Lot 2954 Total Actual Rent 144000.00 Utilities Cable TvElectric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Residential

    Listing courtesy of United Real Estate Strive 212.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-08-19T10:53:20.167.
     
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