Listed By:
Pagoda Realty
Address
300 Friedensburg Road, Reading, PA
Price
$ 895,000
Property Attributes
  • MLS#PABK2040224
  • TypeCommercial
  • CountyBERKS
  • CityReading
  • AreaMt Penn Boro
  • Zip19606
  • StyleApartment Building
  • Year Built1920
  • Taxes$ 7195
  • Price$ 895,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5227
  • Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description

Calling all investors! 6 residential units, outside of the city, in Mt. Penn Boro. Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Call today for additional details and to schedule your private showing. Current rental/lease income per unit/per month. Unit/Apartment 1: $895. Unit/Apartment 2: $1050. Unit/Apartment 3: $850. Unit/Apartment 4: $650. Unit/Apartment 5: $1150. Unit/Apartment 6: Currently vacant and ready for you to place your tenant of choice.

Price History
3/2/2024 Listed $895,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling None
Possession Immediate
Roof Other
Zoning COMMERCIAL
Construction Materials Brick,Vinyl Siding
Year Built 1920
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Business Type Apartment Building
Accessibility Other
County BERKS
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions North on Endlich Ave and make a right on Friedensburg Rd.
ModificationTimestamp 2024-03-12T10:35:09
City READING
Buyer Agent Compensation 2.5
Total Units 6
MLS Area Mt Penn Boro (10264)
Lot Size Square Feet 5227.00
Tax Assessed Value 105700.0
Waterfront Y/N No
Street Name FRIEDENSBURG
Tax Annual Amount 7195.0
Price Per Sq Ft 155.17
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 57
Standard Status Active
Year Built Source Estimated
Tax Lot 4545
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Carpet
Hot Water Electric
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N No

Exterior Features

Water Source Public
Type of Parking On Street
Land Use Code 4200
Foundation Details Other
Water View Y/N No
Building Area Total 5768.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 28800.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19606

Price
AVG $240K
$900K
Taxes
AVG $9,628
$7,195
Visits
AVG 106
34
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1920

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