This five-unit property offers an investor an opportunity to acquire an established income-producing property with a diverse mix of occupants. The property includes two efficiency apartments, one one-bedroom apartment, one two-bedroom apartment, and a two-story garage. The garage is leased to a roofing business, providing an established commercial component and additional rental income. The property also benefits from established tenancy. One of the residential units is occupied by BCC, which has a long-term client residing in the home. One efficiency apartment is currently vacant. Several significant capital improvements have already been completed, including a new hot water heater, a high-efficiency heating system installed approximately two years ago, and a rubber roof installed approximately four years ago. The garage roof has also been updated. The owner currently pays all utilities. With a mix of residential units, an established commercial tenant, recent major improvements, and one currently vacant unit, this property provides an investor with existing rental income along with an opportunity to increase occupancy and maximize the property's income potential.
Listed By
Agency Name: RE/MAX Of Reading
Agency Phone: 6106702770
Shown By
Agent Name: Patty Armellino
Agent Phone: (570) 947-8445
Agency Title: Lewith & Freeman
Lewith & Freeman Patty Armellino (570) 947-8445
Send an email with a link to
409 S 4th Street , Reading, PA 19602.
Contact an agent to learn more about
409 S 4th Street , Reading, PA 19602.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
409 S 4th Street | MLS# PABK2078946
This commercial property located at 409 S 4th Street , Reading, PA 19602 is currently listed for sale with an asking price of $450,000. S 4th Street is located within the READING school district. Search Reading real estate on parmellino.lewith-freeman.com today.