Bought with Lourdes Gonzalez-Nieves • Iron Valley Real Estate of Berks
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Key Details
Sold Price $150,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PABK2002268
Sold Date 11/16/21
HOA Y/N N
Available Date 2021-07-30
Annual Tax Amount $1,285
Tax Year 2020
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Come see this beautifully maintained 3 unit, mixed-use property, in the beautiful NW section of Reading City. In the first floor front unit, what was once a business, is now vacant. It is perfect for a barber shop, beauty salon, nail tech, etc… In today's market, the commercial space has a rent potential of 800.00 dollars or more. This building also consists of two residential apartments with long term tenants inside. Both units have two bedrooms, with a projected rent potential of 900.00 or more. This building has been priced generously! It is a corner property located near the ‘Dana Memorial Park, ' the ‘Olivet Boys' & Girls' Club,' ‘Star City Boxing,' and the ‘Fine Fare Supermarket.' The new owners will have the opportunity to rent the business to a small business owner and continue to cash flow from existing, and future tenants. Owner pays Gas Heat, Water, Sewer & Trash. Tenants pay Electric and Gas Stove. Leases expire before the end of this year. Schedule your appointment today and play a part in the revitalization of Reading City.
Location
State PA
County Berks
Area Reading City (10201)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 15-5307-64-33-8127
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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