211 N 2nd Street
Reading, PA 19601
- 5 beds
- 2 baths
- 1,608 sqft
- 871 sqft lot
- $102 per sqft
- 1900 build
More homes
Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns. The properties included in this portfolio are: 1. 312 Bern St, Reading, PA,19601 2. 318 Bern St, Reading, PA,19601 3. 644 Birch St,Reading, PA,19604 4. 1130 Buttonwood St,Reading, PA,19604 5. 211 N. 2nd St, Reading, PA,19601 6. 1026 Spring St, Reading, PA,19604 7. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities. The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details. It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.
Listing courtesy of BRIGHT / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# PABK2040946 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Levels:3
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1608
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1608
Interior
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Room Count:8
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Flooring Type:Vinyl
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Fireplace:No
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Wall & Ceilings:Dry Wall, Plaster Walls
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1608
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Living Area SqFt:1,608 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Buyer Financing:Conventional
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Possession:Immediate
Location
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Latitude:40.33883000
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Longitude:-75.93340000
The Property
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Property Type:Residential
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:871 Sqft
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Exclusions:Tenants Personal Property
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Zoning:RESI
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:117R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 650-6749
- Office phone:
- (610) 373-9900
Taxes
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Tax ID Number:06-5307-74-61-2485
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Tax Year:2022
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Tax Lot:2485
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Tax Annual Amount:$748
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Tax Assessed Value:$17,100
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Year Assessed:2023
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School Tax:307.0
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County Tax:131.00
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City/Town Tax:310.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Upper Level Bedrooms:5
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Upper Level 1 Bedrooms:3
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Bedrooms Upper Level:2
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Basement
Schools
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School District Name:Reading
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School District Source:Listing Agent
The Community
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Subdivision Name:Reading
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
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Transportation:Bus Stop less than 1 mile
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/30/24
May 30, 2024
|
Sold | BRIGHT | $165,000 | |
4/9/24
Apr 9, 2024
|
Pending | BRIGHT | $165,000 | 6.5% |
3/20/24
Mar 20, 2024
|
Listed / Active | BRIGHT | $155,000 |