1101 Chestnut St, Reading, PA 19602

$449,777

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List Price
$449,777
Days on Market
3
Status
COMING SOON
MLS#
PABK2074064
Lot Size (Acres)
0.05
Style
Other
Year Built
1900
County
Berks
School District
Reading

Property Description

Attention Investors!! Turnkey opportunity in the City of Reading. Three residential units fully rented. Unit 1 is a 1 bedroom unit with electric heat, tenant pays electric. Unit 2 is a 1 bedroom efficiency with electric heat, landlord pays electric. Unit 3 is a 3 bedroom apartment, living room and kitchen with electric heat, tenant pays the electric. All apartments recently remodeled, accessed from 11th street side of the building and are located on the 2nd floor. On the lower level, there is a mixed use space recently remodeled, containing two half baths with entrances from 11th street and the corner of the building at 11th and Chestnut This possible commercial space is awaiting new tenants. At the rear of the property, there are 2 separated garage spaces, one currently occupied and the other currently vacant. The property includes a coin laundry area for tenant use along with a vending machine and small office space.

Additional Information

Area
Reading City (10201)
Taxes
$1809
Interior Features
Other
School District
Reading
Flooring
Laminate Plank, Ceramic Tile
Garage
Yes
Garage Spaces
2
Exterior Features
Sidewalks, Secure Storage
Heating
Baseboard - Electric, Radiator
Heating Fuel
Electric, Natural Gas
Cooling
None
Roof
Rubber
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Of Reading. Contact: (610) 670-2770