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409 S 4th Street
Reading, PA 19602

$450,000 - Status: ACTIVE
Beds: 0
Baths:
MLS# PABK2078946

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.

Property Features

MLS#: PABK2078946
Zip: 19602
Subdivision:
Development: Reading City
Property Type: Commercial
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.07 acres
Roof Type: Rubber
Taxes: $2,359
Year Built: 1900

Feature Descriptions

Exterior: Stucco
Location Description: Downtown
Lot Dimensions: 0.07 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Water: Public

Local Schools

School District: READING

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.

Listed By / Shown By

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

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AGENT INFORMATION

Lewith & Freeman Patty Armellino (570) 947-8445

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