Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
714 Lincoln Street - Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise 7 4,700 SF
Price: Price/Unit: LoopNet ID: Status:
$44,900 $6,414 16350059 Active
http://listing.loopnet.com/16350059
No. Units: Building Size: Property Description: BANK OWNED- 7 one bedroom apartment units that are currently vacant and is in need of repair. This is a fantastic opportunity to purchase a multi-family apartment unit for a future value. ALSO- The same bank has 701 Lincoln Street on the same block available as well. SEE AERIAL FOR PICTURES
EXETER TOWNSHIP TRIPLEX - 3222 Perkiomen Ave., Reading, PA 19606 Property Type:
Multifamily Duplex/Triplex/Fourplex 4 2,216 SF 1900
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$169,900 $42,475 67% 16339070 Active
http://listing.loopnet.com/16339070
No. Units: Building Size: Year Built: Property Description: 3-unit apartment building in Exeter School District plus extra income from garage rental. Close to schools, major shopping, banks and roadways.
Thompson Trailer Park - 892-922 W. Philadelphia Ave, Boyertown, PA 19512 Property Type:
No. Spaces:
Multifamily Mobile Home/RV Community 16
Price: Price/Space: Cap Rate: Occupancy: LoopNet ID: Status:
$599,900 $37,494 8.16% 100% 16337681 Active
http://listing.loopnet.com/16337681
Property Description: 16 lot mobil home park in Boyertown area. Tenants own their own mobile homes. Owner responsible for water,sewer,taxes, insurance, and minimal elec. Gross Income is 68,160 annually. Call for details.
Page 1 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
Penn Corridor Apartments 11.7% Cap, 24% Cash/Cash - 1039-1041 Penn Street, Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 14 7,000 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$599,000 $42,786 11.70% 100% 16307340 Active
http://listing.loopnet.com/16307340
Property Description: Property consists of 13 RES units, 1 COM unit used for storage and a first floor Laundry Mat. The most recent analysis of the income justifies a 10% capitalization rate with 100% Occupancy (APR09). The current owners have made significant upgrade to the property including a new roof, new retaining wall, new pipes, and interior work. The east side ally provides enough room for out door porch or deck. Rare Onsite parking lot with Net Operating Income is calculated to be $70,525.00 annually (2008 actual). The building is 100% code compliant fully inspected. $69,950 NOI number based on incorporated vacancy factor. Further details can be found in the Offering Packet.
701 Lincoln Street - Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise 6 4,718 SF
Price: Price/Unit: LoopNet ID: Status:
$54,900 $9,150 16290342 Active
http://listing.loopnet.com/16290342
No. Units: Building Size: Property Description: BANK OWNED- and currently VACANT 6 unit apartment building. Property has all 2 bedroom units and is structurally sound. Come make your deal!
Page 2 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
Saylor Apartments - 1 North Ninth Street, Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 33 18,000 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$1,375,000 $41,667 9.55% 85% 16280503 Active
http://listing.loopnet.com/16280503
Property Description: The Saylor Building is a 26-unit multi-family with 7 storefronts for sale in Reading PA. The current rent roll is $12,245 per month or $146,936 per year. This offers a cap rate of 5.99%. If the building were fully occupied with residents and retail storefronts, the current rent roll would be $16,320 and $195,836 for monthly and yearly income respectively. This increases the cap rate to 9.55%. The Saylor building currently has four apartments and one efficiency unit vacant. Two of the four vacant units are occupied by the super. In addition, there are three vacant retail storefronts. The average rent for an apartment is $466 per month and the retail space is $690 per month. The Saylor Building' s retail storefronts are about 500 square feet each and the residential apartments average 574 square foot each excluding the efficiency unit of 180 square feet. There are four studios, 15 one-bedrooms, and three two-bedrooms. The building will be delivered without a super offering the opportunity to rent both apartments and hire a local handyman on an as-needed basis. All information furnished regarding property for sale, rental or financing is from sources deemed reliable, bu
4-UNIT PROFESSIONAL - 144 Water Street, Reading, PA 19605 Property Type:
Multifamily Duplex/Triplex/Fourplex 4 3,220 SF 2005
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$349,000 $87,250 100% 16271285 Active
http://listing.loopnet.com/16271285
No. Units: Building Size: Year Built: Property Description: Immaculate, totally rebuilt/rennovated (2006) Apartment/Office building contains four units: 1) 820 SF professional office; 2) 800 1st flr/1-Bdrm Apt.; 3) 800 SF 1st flr/2-Bdrm Apt. (ADA accessible); and 4) 800 SF 2nd flr/2-Bdrm Apt. All units leased. Tenants pay heat, A/C & electric. Parking for 10+ cars. This is one of the nicest buildings on the market. Call now for your personal showing.
Page 3 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
121 9th - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 10 5,200 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$235,000 $23,500 15.00% 100% 16261982 Active
http://listing.loopnet.com/16261982
Property Description: This is a 10 unit property with great cash flow priced at a cap rate over 15- PRICED TO SELL. Fully Occupied with a monthly rent roll over $3400! Better than Bond, Stock or any other Market! All utilities are separated and on tenants. Owner pays Sewer, Water, Trash & Common electric. All Copper plumbing! Close to shopping, downtown attractions and activities. 6 one bedroom units and 4 two bedroom units. Taxes $2611/year, water $4500, insurance $1918. 2 parcels on 1 deed. Hire a property manager and be an investor.
Walnutown Mobile Park - 7537 E-Park Rd., Fleetwood, PA 19522 Property Type:
No. Spaces: Building Size:
Multifamily Mobile Home/RV Community 19 1,200 SF
Price: Price/Space: Cap Rate: Occupancy: LoopNet ID: Status:
$749,900 $39,468 10.00% 100% 16210787 Active
http://listing.loopnet.com/16210787
Property Description: 19 unit mobile home park includes 3 parcels on one deed, one of which is occupied by a 3 bedroom ranch home, currently rented for $900.00 per month. All the lots are rented to mobile home owner none belonging to the property owner.Ave. lot rents are $405.00 per month.Gross income is $98,000.00 per yearOperating exspenses are 21,000.00 per year. Listing agent must be present for all showings. We will accept reasonable offers. Existing Mortage might be assumable!
Page 4 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
228 N 6th street Reading Pa - 228 N 6th St, Reading, PA 19601 Property Type: No. Units:
Multifamily Mid/High-Rise 8
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$199,897 $24,987 14.00% 88% 16198786 Active
http://listing.loopnet.com/16198786
Property Description: Just codes Inspected on April 22, 2009. Great return on Investment. New carpeting and Paint. Tenants pay own Gas Heat and water. Seperate electric meters foreach tenant. Newer roof. Convenient Location. Parking for over 8 cars. Low maitnance prperty with great income. call for more information.
Rental properties - 700-722 Franklin St, Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 90 999 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$1,599,900 $17,777 85% 16135514 Active
http://listing.loopnet.com/16135514
Property Description: Approx. 75 Units and 16 parking spaces, A chance to own an entire half block of properties. Several properties. Rooms, apartments, and Parking lot. It is a block away from the Sovereign Center, a few steps to the Court house. If you do not want to use it for the units, take it all down and build something New. Likely to make money back in a short time period. The property is very desirable due to the growth in the area. A proposed Hotel is Just a skip away and when the Railroad comes back this will be worth alot more. Great Investment opportunity. Call for details.
220 Kohler Rd - Kutztown, PA 19530 Property Type: Building Size:
Retail Retail (Other) 5,344 SF
Price: Price/SF: Cap Rate: LoopNet ID: Status:
$405,000 $75.79/SF 10.00% 15833737 Active
http://listing.loopnet.com/15833737
Property Description: The possibilities are endless for this 7+ acre farmette located just outside of Kutztown Borough. Minutes from route 222, the farmhouse sits of 2.29 acres with numerous outbuildings that are metered separately. 5 additional acres of flat, pristine farmland wraps behind and to the side. The 5 separate garage bays, barn w/ loft, two-story office space, and home can all provide individual rental income opportunities; or bring your home-based small business and your ideas and take advantage of all of the unique characteristics this property has to offer. Tons of parking and easy road access makes this great find.
Page 5 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
Hill Crest RV Corp. - 6093 Old Rte 22, Bernville, PA 19506 Property Type:
No. Spaces:
Multifamily Mobile Home/RV Community 83
Price: Price/Space: Cap Rate: Occupancy: LoopNet ID: Status:
$1,200,000 $14,458 10.00% 100% 15704893 Active
http://listing.loopnet.com/15704893
Property Description: Campground and mobile home park located in Bernville, PA. Campground has 70 RV pads, currently renting 68, zoned for a total for 105 pads. Mobile Home Park has 13 pads, currently renting 12. Mobiles are tenant owned. Also included in the sale is a two story completely remodeled house. Property is located on 26.38 acres. Water is well, sewer is septic. Entire property is located on one parcel, split in two sections by Old Rte 22. Section 1 is campground and mobile park, zoned Rec Commercial Park. Section 2 is vacant land on 9 acres, zoned mixed commerical/residential. Both properties together $1,100,000. Perfect property to purchase and sell off the 9 acres of vacant land. * SEE ATTACHMENT FOR FINANCIALS AND PICTURES. *LOOK AT DEMOGRAPHICS ATTACHMENT FOR ZONING INFORMATION.
Reading Outlet Center Building #1 - 801 North 9th Street, Reading, PA 19604 Property Type:
Multifamily Mid/High-Rise 250 320,000 SF 1904
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$1,995,000 $7,980 12.00% 15511579 Active
http://listing.loopnet.com/15511579
No. Units: Building Size: Year Built: Property Description: NOW A KEYSTONE OPPORTUNITY ZONE - NO TAXES THROUGH 2020!!! 90% NON-RECOURSE financing available through HUD 221d4 program can be used with a 20% HISTORIC TAX CREDIT for a TOTAL OF 110% FINANCING!!! Former Reading Outlet Center Building #1 totaling 320,000 square feet on 2.4 acres, an entire city block!! All heavy timber construction in need of complete restoration/renovation. Property is zoned high density residential/retail outlet. This property can qualify for Historic Tax Credits, New Market Tax Credits, and most PHFA financing. SERIOUS REDEVELOPERS ONLY!!! See attached proposed construction budget and income/expense numbers!!
Page 6 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
Reading Outlet Center Building #10 - 702 North 8th Street, Reading, PA 19604 Property Type:
Multifamily Mid/High-Rise 100 120,000 SF 1906
Price: Price/Unit: LoopNet ID: Status:
$1,095,000 $10,950 15512001 Active
http://listing.loopnet.com/15512001
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$169,900 $84,950 7.00% 16385105 Active
http://listing.loopnet.com/16385105
No. Units: Building Size: Year Built: Property Description: NOW A KEYSTONE OPPORTUNITY ZONE - NO TAXES THROUGH 2020!!! 120,000 Square foot heavy timber building surrounding two courtyards. 20,000 square feet per floor with 6 floors. One passenger elevator and one freight elevator, four loading docks. Building was last used at part of the Reading Outlet Center. Building has a new $200,000 roof and roof deck installed but suffered some interior damage due to leakage. Nice floorplans, great views, lots of original wood flooring. Phase I and Phase II environmentals are done. Some preliminary floorplans are done for 100 apartments and 20,000 square feet of retail space. SERIOUS REDEVELOPMENT INQUIRIES ONLY!! Property needs complete renovation/restoration. Rentometer places potential rents as high as $1198 (rentometer.com) per unit even though attached projections and cash flows are only at about $600 per month. That means the Net Income could be about $300,000 higher than included projections!! Building can qualify for a 39% New Market Tax Credit and either a 10% or 20% Historic Tax Credit, and/or PHFA financing!! Owner just finished appealing taxes from $94,000 down to $450 PER YEAR!
3607 Gray St - Laureldale, PA 19605 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,244 SF
Property Description: What a fantastic home for somebody who wants to live in one and rent the other one out. You could also use the second unit as a guest house for your family and friends. The first unit has 5 private bedrooms that are tastefully decorated with neutral colors. There is new windows, a laundry room on the main level, and eat-in kitchen. The second unit as 2 bedrooms, and is in good condition. This home has a private yard that is large and has a deck for the family to enjoy. There are no tenants in the property, so if somebody wants to move in right away, that will be possible. Come and schedule your showing today.
Page 7 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
1202 Franklin St - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 3,162 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$109,900 $36,633 7.00% 16376181 Active
http://listing.loopnet.com/16376181
Property Description: Beautiful 3 unit across from City park. Location, location, location can't be stressed enough. All 3 units are large each having 2 bedrooms. Rents are very low and need to be adjusted to current market value. Tenants pay electric and gas for cooking.
517 Oley St - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 3,415 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$99,900 $33,300 10.00% 16376182 Active
http://listing.loopnet.com/16376182
Property Description: Nice 3 unit right off of N 5th Street. Each unit has 2 bedrooms. Rents are below market. Great investment opportunity.
226 W Oley St - Reading, PA 19601 Property Type: No. Units: Building Size: Year Built:
Multifamily Duplex/Triplex/Fourplex 2,568 SF 1900
Page 8 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Price: Price/SF: LoopNet ID: Status:
$85,000 $33.10/SF 16376206 Active
http://listing.loopnet.com/16376206
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
200 S 6th St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
Price: LoopNet ID: Status:
$175,000 16367171 Active
http://listing.loopnet.com/16367171
Price: Price/SF: LoopNet ID: Status:
$155,000 $51.87/SF 16367164 Active
http://listing.loopnet.com/16367164
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$119,900 $59,950 11.00% 16357458 Active
http://listing.loopnet.com/16357458
No. Units: Property Description: Great condition 5 unit building with rentable detached 2-car garage. Each unit has been updated as well as common areas. Building is well maintained with excellent rental history and cash flow. Currently building and tenants are supervised by long term tenant who is willing to continue. Call listor for details. Great investment.
535 Franklin St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
No. Units: Building Size: 2,988 SF Property Description: Great condition 5 unit apartment building. Each unit has been remodeled as well as common areas. Building is well maintained with excellent rental history and cash flow. Tenants pay hot water and electric. Property and tenants currently managed by Super. Call listor for details. Great investment!
2828 Kutztown Rd - Reading, PA 19605 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 1,824 SF
Property Description: Great 2 unit in Muhlenberg Township. Each unit is 2 bedrooms with separate entrances. Has upgraded electrical service. Great investment property or for 1st time home buyer.
Page 9 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
1141 State Street - Mertztown, PA 19539 Property Type:
Multifamily Duplex/Triplex/Fourplex 3 2,000 SF
Price: Price/Unit: LoopNet ID: Status:
$199,900 $66,633 16341497 Active
http://listing.loopnet.com/16341497
Price: Price/Unit: LoopNet ID: Status:
$219,900 $54,975 16341490 Active
http://listing.loopnet.com/16341490
Price: Price/Unit: LoopNet ID: Status:
$119,900 $59,950 16341486 Active
http://listing.loopnet.com/16341486
No. Units: Building Size: Property Description: UPDATED RENTS. Beautifully remodeled multi-unit. New carpet, fresh paint, new electric heat, new kitchens, new bathrooms, new well pump, laundry hook-up in each unit--this property is ready to go. 3 BR ranch also included and completely remodeled. Newer air conditioning. Plenty of parking. Septic cleaned, tested & approved February 2008. Good income. Tenants pay all utilities. Oil tanks will not remain on property.
240 State Street - Hamburg, PA 19526 Property Type:
Multifamily Duplex/Triplex/Fourplex 4 3,064 SF
No. Units: Building Size: Property Description: 4 unit in good condition, replacement windows, coin operated washer/dryer in basement, large lot with parking and possible income from parking area. Motivated seller! Bring all offers!
207 State Street - Hamburg, PA 19526 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 1,740 SF
No. Units: Building Size: Property Description: Nice 2 unit in downtown Hamburg, semi-detached converted into a 2 unit. Both units currently occupied. Great owner occupied or investment property. Adjoining property also for sale. Motivated seller! Bring all offers!
Page 10 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
205 State Street - Hamburg, PA 19526 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 1,918 SF
Price: Price/Unit: LoopNet ID: Status:
$119,900 $59,950 16341477 Active
http://listing.loopnet.com/16341477
Price: LoopNet ID: Status:
$114,900 16340517 Active
http://listing.loopnet.com/16340517
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$89,900 $22,475 10.00% 16332835 Active
http://listing.loopnet.com/16332835
No. Units: Building Size: Property Description: Semi-detached in downtown Hamburg converted into a 2 unit, nice condition, newer carpet in both units, coin operated washer/dryer, both units currently occupied. Great owner occupied or investment property. Adjoining property also for sale. Motivated seller!
6 W Lancaster Ave - Shillington, PA 19607 Property Type:
Multifamily Duplex/Triplex/Fourplex
No. Units: Property Description: A great opportunity exists here in Governor Mifflin Schools. Move into 1 unit and rent the other to help pay the mortgage or rent both for a good cash flow. The first floor unit features new carpet, kitchen cabinets, vinyl floors, stove, bath, shower, toilet and vanity. The 2nd floor is a very large 3 bedroom apartment that features a large deck.
211 N 6th St - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 3,049 SF
Property Description: Property is zoned for both residential and commercial use. This multi-use property is located only 2 blocks from the County Court House making the 1st floor offices very desirable for an attorney or other commercial use. Second floor includes a 1 bedroom apartment that is currently rented for $475 a month. The second floor also includes 2 separate rooms that could be used as commercial offices. Third floor also includes a 1 bedroom apartment that could be rented for additional income to the owner. Seller will entertain all offers.
Page 11 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
233 A N 11th-Astor Knitting Mills - 233 A N11th, Reading, PA 19601 Property Type:
Office Office-Warehouse 32,400 SF C 1900
Price: Price/SF: LoopNet ID: Status:
$80,000 $2.47/SF 16324308 Active
http://listing.loopnet.com/16324308
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$110,000 $36,667 13.00% 16324821 Active
http://listing.loopnet.com/16324821
Price: Price/Unit: LoopNet ID: Status:
$75,000 $37,500 16324819 Active
http://listing.loopnet.com/16324819
Price: Price/Unit: LoopNet ID: Status:
$149,900 $37,475 16316729 Active
http://listing.loopnet.com/16316729
Building Size: Building Class: Year Built: Property Description: Commercial, Industrial, Office, Professional, Retail Space, Reinvestment, FlexSpace, Automotive, Garage/Repair
1425 Perkiomen Ave - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 2,536 SF
924 N 8th St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 1,855 SF
722 Walnut Street - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 4 1,600 SF
No. Units: Building Size: Property Description: Completely rehabbed commercial corner building. 3 residential units and one commercial space. Unit #1 is a duplex, units 2 and 3 are one bedroom apartments. NYC loft style apartments. New capitol improvements as well cosmetic. Store front can be made to order. Great buy - low taxes. Turn key investment. Owner will consider holding paper.
Page 12 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
944 Spruce Street - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 9,000 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$189,900 $63,300 66% 16316703 Active
http://listing.loopnet.com/16316703
Property Description: Solid brick building. Over 9000 square feet. Prior use was industrial. Can be storage, manufacturing, residential units. Has parking for 15 cars. Located near the Canal Street redevelopment project.
201a S 4th St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
No. Units:
Price: LoopNet ID: Status:
$109,900 16313976 Active
http://listing.loopnet.com/16313976
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$89,900 $44,950 13.00% 16313890 Active
http://listing.loopnet.com/16313890
508 N 10th St - Reading, PA 19604 Property Type: No. Units:
Multifamily Duplex/Triplex/Fourplex 2
Property Description: Fantastic 2 unit zoned for mixed uses. First floor is rented out to a great tenant who has a beauty salon business. 2nd floor, 4 bedroom unit was completely refurbished. Landlord pays no expenses except for taxes and insurance. All utilities are separate for each unit. Building has upgraded electrical and plumbing with some replacement windows. 2nd floor unit has hook up for washer and dryer. Main roof was re-shingled within the past year. Current owner has been there for 9 years. He hates to sell this property but needs to in order to purchase another property that he desires.
Page 13 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
Reading Commercial Property - 1101 N. 11th Street, Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 2 2,000 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$129,000 $64,500 10.00% 100% 16306614 Active
http://listing.loopnet.com/16306614
Property Description: Highlights: >Well maintained >Great location >Low maintenance >Long term tenants >Actual Gross Income: $18,000 Excellent investment opportunity with 1 apartment and 1 commercial lease space.
26 S 11th St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: LoopNet ID: Status:
$79,900 16305030 Active
http://listing.loopnet.com/16305030
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$69,900 $34,950 11.00% 16304990 Active
http://listing.loopnet.com/16304990
No. Units: Property Description: Great 2 unit on a corner lot with garage. New windows, new carpet throughout, and freshly painted. Centrally lcoated. Zoned commercial/residential. City code compliances. Great for owner occupied or investor. Live in one and rent the other.
1414 Perkiomen Ave - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 1,742 SF
Property Description: Well maintained 2 unit with long term tenants in place.
Page 14 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
1321 Mulberry St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 1,519 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$65,000 $32,500 14.00% 16305006 Active
http://listing.loopnet.com/16305006
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$54,988 $27,494 8.00% 16304993 Active
http://listing.loopnet.com/16304993
1388 Perkiomen Ave - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,425 SF
Property Description: Fully rented 2 unit with long term tenants ready for the savy investor. Also check out 1414 Perkiomen Ave
17-19 S 3rd St - Reading, PA 19602 Property Type: No. Units:
Multifamily Garden/Low-Rise 10
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$224,900 $22,490 14.00% 16287773 Active
http://listing.loopnet.com/16287773
Property Description: Tired of paying tenant utilities, and then watching your money go out the open window during the dead of winter? Consider these two adjacent, well-maintained, brick three-story, five-unit opportunities. Recent improvements include a new roof and individually-metered electric baseboard heat; tenant pays own electric and cooking gas. Long term tenant currently takes care of lawn care and general exterior maintenance of both properties. Close to major arteries, public transportation, and Reading Area Community College - easy and appealing to the renter, ideal investment opportunity in heart of the city offering an impressive 14% CAP rate. Also being listed separately
Page 15 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
17 S 3rd St - Reading, PA 19602 Property Type: No. Units:
Multifamily Duplex/Triplex/Fourplex 5
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$119,900 $23,980 14.00% 16287768 Active
http://listing.loopnet.com/16287768
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$119,900 $23,980 13.00% 16287769 Active
http://listing.loopnet.com/16287769
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$124,000 $41,333 8.00% 16278239 Active
http://listing.loopnet.com/16278239
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$79,900 $19,975 11.00% 16278254 Active
http://listing.loopnet.com/16278254
19 S 3rd St - Reading, PA 19602 Property Type: No. Units:
Multifamily Duplex/Triplex/Fourplex 5
1327 Buttonwood St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 3,040 SF
719 N 9th St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 2,106 SF
Property Description: CASH FLOW IS KING! This four unit property features a new boiler, 200 AMP electric, new main roof installed September 2006, has all replacement windows, Units have been remodeled with last 2-3 years, Code inspected 6/2008 no outstanding violations, this is a good one! Must see! Close to shopping, public transportation, easy to rent out, good tenants!
Page 16 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
307 S 6th St - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 2,840 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$74,900 $24,967 14.00% 16278257 Active
http://listing.loopnet.com/16278257
Property Description: Absolutely pristinely renovated 2-unit with all the bells and whistles. Building features two new high efficiency gas heater s, new windows, plus new plumbing and electrical service. Exquisite marble countertops in the kitchen s as well as ceramic tile floors. Every bathroom fixture as well as lighting fixture has been replaced with absolutely no corners cut. Everything has been codes inspected and passed with flying colors. Truly a testament to the care that was taken when restoring this building. Welcome to Reading City s finest, hassle-free multi-unit.
321 Lombard St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: Price/SF: LoopNet ID: Status:
$69,000 $37.83/SF 16278233 Active
http://listing.loopnet.com/16278233
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$136,500 $45,500 7.00% 16267134 Active
http://listing.loopnet.com/16267134
No. Units: Building Size: 1,824 SF Property Description: Gas furnace and electric baseboard heat on first floor installed in 2006. New Second floor roof including plywood installed March 2009. Refurbished back porch March 2009. Owner pays heat and water. Long term tenant on second floor.
1337 Perry St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 2,400 SF
Page 17 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
163 W Oley St - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,000 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$75,000 $37,500 14.00% 16267271 Active
http://listing.loopnet.com/16267271
Price: LoopNet ID: Status:
$199,900 16258032 Active
http://listing.loopnet.com/16258032
Price: Price/Unit: LoopNet ID: Status:
$59,900 $19,967 16241092 Active
http://listing.loopnet.com/16241092
201 S 5th St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
No. Units: Property Description: Large 6 unit in Historic District, 3 story brik, close to Reading library and 2 blocks to Penn Street shopping.
230 Greenwich St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 3 2,220 SF
No. Units: Building Size: Property Description: 3 unit money maker with loads of extras. Features a fenced yard and off-street parking. Rented for way below market value.
Page 18 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
159 N Centre Ave - Leesport, PA 19533 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,956 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$164,900 $82,450 8.00% 16230978 Active
http://listing.loopnet.com/16230978
Property Description: Fantastic opportunity to have someone else pay your mortgage! This huge duplex features two full semi-detached homes, one of which comes equipped with a long term tenant who wishes to remain if possible. Tenant rents for $800/month and pays own gas heat and electric (separate meters). The owner occupied side has similar rental potential or would make a great home for a live-in landlord. Hardwood floors and ceiling fans throughout. Remodeled kitchen in owner occupied unit. Both sides have private laundry hookups in the basement. The two story garage and workshop with electricity adds the possibility of even more income. Great location with almost half an acre of land to enjoy. Four car off-street parking in rear. The owner is in the process of replacing the main roof, or will negotiate cost of roof in sales price.
557 Centre Ave - Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise
Price: Price/SF: LoopNet ID: Status:
$250,000 $95.64/SF 16220587 Active
http://listing.loopnet.com/16220587
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$64,000 $32,000 14.00% 16208084 Active
http://listing.loopnet.com/16208084
No. Units: Building Size: 2,614 SF Property Description: Great multi-family apartment building on corner lot. Located in Reading;s beautiful Historic District. Investors here's your chance to own a piece of history. This multi-family has five units and a 1st floor unit that can be used or rented as an office space. Lots of updates, most of the units have been newly painted and have remodeled bathroom & kitchen. Additional income generated by coin operated washer & dryer.
1722 Perkiomen Ave - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 1,434 SF
Property Description: Recently painted exterior. Long term tenants in both apartments. Off-street parking and fenced yard. Both apartments have nice size kitchens, second floor has lots of kitchen cabinets. Owner pays heat, water, sewer, trash, and recycling. Tenant pays electric and gas. Rent reduced on second floor due to tenant working for owner. First floor rent is an estimate by agent, but is rented. Cellar door will be repaired.
Page 19 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
634 N 3rd St - Reading, PA 19601 Property Type: No. Units:
Multifamily Garden/Low-Rise 9
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$295,000 $32,778 13.00% 16189499 Active
http://listing.loopnet.com/16189499
Property Description: IMMEDIATE INVESTMENT PROPERTY! ALL 9 UNITS ARE CURRENTLY RENTED!BEAUTIFUL/ SINGLE, 9 UNIT! Located in the Historic District. All 9 units have high ceilings, lots of windows, and charm all around. If you are looking for a turnkey business, here it is!
700 N 10th St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 3,500 SF
Price: Price/Unit: LoopNet ID: Status:
$65,000 $32,500 16170807 Active
http://listing.loopnet.com/16170807
Price: Price/Unit: LoopNet ID: Status:
$125,900 $62,950 16147058 Active
http://listing.loopnet.com/16147058
No. Units: Building Size: Property Description: Looking for a new location or a new business opportunity? This commercial building is just for you! Solid brick corner property can be seen from all over. Endless possibilities to make money, run a business, rent an apartment, or rent out the whole building and let tenants pay their utilities and your mortgage! Some TLC will convert this into a phenomenal money maker. Bring your ideas and offers, don't miss this! This may be the only lifetime opportunity!
603 Lancaster Ave - Reading, PA 19611 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 2,178 SF
No. Units: Building Size: Property Description: This 2 unit building is in great condition. It has been remodeled with beautiful ceramic tiles throughout the whole building. It is close to public transportation, schools, and stores. Both apartments are rented. Very well kept, clean, and spacious. Must see!
Page 20 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
429 Elm Street - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 50 12,000 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$900,000 $18,000 15.00% 16143976 Active
http://listing.loopnet.com/16143976
Price: Price/SF: LoopNet ID: Status:
$39,900 $19.95/SF 16125602 Active
http://listing.loopnet.com/16125602
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$214,900 $42,980 6.00% 16114450 Active
http://listing.loopnet.com/16114450
Property Description: 50 apartments spread over 12 apartment buildings
353 N Front St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex
No. Units: Building Size: 2,000 SF Property Description: Self contained 2 unit building: Each unit has own gas boiler and water heater (gas) and separate electric. Property sold as-is, where is, terms and condition contingent upon short sale approval, commissions subject to short sale approval. Not in disrepair, is actually decent, owner spent $60,000 in repairs over 4 years ago. Great opportunity.
815 Centre Ave - Reading, PA 19601 Property Type: No. Units:
Multifamily Garden/Low-Rise 5
Property Description: Probably one of the nicest 5 unit apartment buildings in the spectacular Centre Park Historic District. Rents are below average for the area. Details include hardwood floors, stained glass windows, original moldings, exterior front porch with awning. Rear brick patio, new exterior paint and separate storage in basement for each tenant. Not one to pass up.
Page 21 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
WYOMISSING INCOME PRODUCER - 26 Reading Avenue, Wyomissing, PA 19610 Property Type:
Multifamily Duplex/Triplex/Fourplex 4 4,356 SF 1910
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$350,000 $87,500 100% 16107223 Active
http://listing.loopnet.com/16107223
Price: Price/Unit: LoopNet ID: Status:
$67,500 $33,750 16104740 Active
http://listing.loopnet.com/16104740
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$220,000 $55,000 7.00% 16093961 Active
http://listing.loopnet.com/16093961
No. Units: Building Size: Year Built: Property Description: Great opportunity to own a well-maintained, 4-unit property in Wyomissing. Corner property includes: 1) A 3-chair barber shop (w/2 additional chairs); 2) a 1st-floor apartment w/2 bedrooms, living room and eat-in kitchen; 3) a 2nd/3rd floor apartment w/living room, dining room, full kitchen on 2nd floor and 2 bedrooms on 3rd floor; and 4) sandwich shop at rear of property.
1229 Oley St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 1,930 SF
No. Units: Building Size: Property Description: 15% return on your investment. That is with the real numbers. That includes deducting for maintenance and vacancy rate. Tenants pay their own Heat, electric. The building had a complete rehab. New windows, new electric service, new Kitchens, and baths. The main home is a 5 bedroom single family home with a 1 bedroom efficiency on the back on the home.
1222 Lancaster Ave - Reading, PA 19607 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 5,227 SF
Property Description: This 4 unit is in great condiiton. Located on a busy street, close to schools and stores. It has a lot of potential. One car garage that can be rented. Large apartments with lots of storage space. Must see!
Page 22 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
114 S 8th St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex 1 1,742 SF
Price: Price/Unit: LoopNet ID: Status:
$71,500 $71,500 16083625 Active
http://listing.loopnet.com/16083625
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$425,000 $70,833 9.26% 100% 16079568 Active
http://listing.loopnet.com/16079568
No. Units: Building Size: Property Description: Property has 1 apartment on first sloor, 5 separate rooms that share a bath and kitchen. Apartment pays own heat and electric, has good cap rate, fully rented. Mechanicals in good condition, small backyard, hardwired smoke detectors, code inspected in 2008.
2113 Penn Ave. - Reading, PA 19609 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 6 6,000 SF
Property Description: Multi-Use investment property with 6 income units plus 2 story storage garage. 4 rental units consisting of 4/3/2/1 bedroom apartments. Owner has separate 2 bedroom apartment on 1st fl & Basement. Owner also operates Beauty Salon in 1st floor storefront. 6 incomes for investor!!! Two off-street parking spaces plus 2 car garage. Owner will sell salon business for additional $100,000, or continue to operate business and lease back storefront. 2800 sf garage on 2 floors (1400sf floor plate) is value added bonus. Structure can be built out as two additional apartments (additional income) plus rent out 2 car garage. Owner is flexible and will vacate or rent apartment / sell business or lease back storefront to accommodate the right buyer. 9.26% cap rate.
18 S 10th St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
Price: LoopNet ID: Status:
$99,900 16073277 Active
http://listing.loopnet.com/16073277
No. Units: Property Description: 3 units have kitchen & bath, 4 other units have baths. Lovely historical details, tin ceilings, and natural woodwork. 9 total housing permits, code inspected 2007, 2 heating systems for 2nd & 3rd floors, electric baseboard or gas steam, 2 electric meters. Fully occupied.
Page 23 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
210 N 6th St - Reading, PA 19601 Property Type: No. Units: Building Size: Year Built:
Multifamily Duplex/Triplex/Fourplex 2 3,500 SF 1900
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$120,000 $60,000 8.00% 16063021 Active
http://listing.loopnet.com/16063021
The Saint Lawrence Hall - 3400 Saint Lawrence Rd., Reading, PA 19606 Property Type: Building Size:
Special Purpose Religious Facility 10,500 SF
Price: Price/SF: LoopNet ID: Status:
$145,000 $13.81/SF 16053339 Active
http://listing.loopnet.com/16053339
Property Description: Large open spaces thorough out this property, first floor with open ceiling heights of over 20' with clear span. Great for meetings, possible loft apartment conversion. Building consists of two parts. The first section is a former church built in the late 1800's and includes a large sanctuary on the first floor and two large rooms below once used as the kitchen and most recently used as living space. The second building section, Three stories tall, was built in 1924 as an add on to the sanctuary and used as the Boro community Center for many years. Most recently, the lower level of this building housed a dinner theater. There is also an old two lane bowling alley in the basement level.
526 Lancaster Ave - Reading, PA 19611 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 3,168 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$160,000 $53,333 10.00% 16052668 Active
http://listing.loopnet.com/16052668
Property Description: WHO WANTS 10% RETURN ON THEIR INVESTMENT? That is with the real numbers after vacancy and maintenance costs included. Desirable area completely rented with leases on file. Property is on a high traffic route for the commercial store front. Solid brick 3 unit apartment building with an oversized garage that is rented for $75 per month. Improvements in 2008 include new electric service, meters and circuit breaker boxes for each unit. 3 new electric water heaters. Tenant pays cost of hot water and cooking. Brand New high efficiency gas heating system installed. 24 new high energy efficient double pain replacement windows throughout. The flat roof on the property and the garage has been replaced. Old carpet and linoleum was replaced through the property. Expenses listed under Ann Other Exp, include trash, permits. .Expense listed under Ann Maint. Exp is a 5% maint rate. A solid real-estate investment to make a good return on your money.
Page 24 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
115 Windsor St - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 3,402 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$136,780 $34,195 11.00% 16052481 Active
http://listing.loopnet.com/16052481
Property Description: Extremely large 4 unit in great condition located in the heart of Reading's Historic District. Tenants pay all utilities except water and trash. Excellent tenants. Great cash flow. Original woodwork throughout. Gross monthly income of $2,000 with minimal expenses. This is a must see! Also being sold in a package deal with attached 4 unit property for $300,000
831 Green St - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 1,928 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$92,500 $30,833 14.00% 16052665 Active
http://listing.loopnet.com/16052665
Property Description: WHO WANTS TO MAKE 12% RETURN ON YOUR INVESTMENT? With The Real Numbers!!! TENANT PAYS-- HEAT,-- HOT WATER--,COOKING !! Total rehab in 2008 just completed. Fully rented in desirable North East Reading area. Property has NEW electric service and wiring. All new plumbing through out the property. New kitchens and bathrooms. Flooring and carpet is new. High energy efficient double pane replacement windows throughout. Expenses listed in Ann Maint Exp is a 5% maint. rate. Expenses listed in Ann Other Exp are Trash,permits This is a solid investment property that will turn a profit year after year.
117 Windsor St - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 3,144 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$149,900 $37,475 11.00% 16017452 Active
http://listing.loopnet.com/16017452
Property Description: Extremely large 4 unit in great condition located in the heart of Reading's Historic District. Tenants pay all utilities except water and trash. Excellent tenants. Great cash flow. Original woodwork throughout. Gross monthly income of $1,850 with minimal expenses. This is a must see! Also being sold in a package deal with attached 4 unit property for $300,000
Page 25 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
537 Tulpehocken St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 3 3,030 SF
Price: Price/Unit: LoopNet ID: Status:
$45,000 $15,000 16017474 Active
http://listing.loopnet.com/16017474
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$89,900 $44,950 11.00% 15980282 Active
http://listing.loopnet.com/15980282
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$85,000 $28,333 9.00% 15948988 Active
http://listing.loopnet.com/15948988
No. Units: Building Size: Property Description: Wow, a rare gem in the city of Reading. Two conjoined single homes plus another separate single home only a few steps away. Do you want your family close but still have some privacy? Would you like a rental or in-law suite that is close but you still have your privacy? There are so many possibilities with this property. Separate single home needs total rehab.
545 N 11th St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,276 SF
1235 Spring St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex 3 1,307 SF 1900
No. Units: Building Size: Year Built: Property Description: A wonderful fully rented 3 unit rental opportunity. Easy to rent these large apartments in the Northeast section to assure a positive cash flow for you. The corner lot makes parking easier for your tenants. The 2 car garage are rented at $90/month.
Page 26 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
27 Unit Apartment Building - 100 SW 3rd St., Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 27 25,000 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$1,195,000 $44,259 1.00% 15934341 Active
http://listing.loopnet.com/15934341
Property Description: APARTMENT BUILDING WITH ADJACENT DEDICATED PARKING LOT WITH ALLOCATED TENANT SPACES. Total improvements from 2005 to 2007 exceeds $100,000. Proforma Rental income of over $15,000 per month. Secure access. Nice mix of apartments to allow log term tenancy. Efficiencies, 1,2,3, and 4 bedroom units all with dedicated A/C and heating as well as dedicated metering of utlities so all tenants can be invoiced for usage. New roof in 2006 $30,000, New laundry 2006 $15,000, New hall carpet 2006. Four story building with large basement for tenant storage and laundry.
334 N 5th St - Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise
Price: LoopNet ID: Status:
$256,250 15928031 Active
http://listing.loopnet.com/15928031
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$174,900 $87,450 7.00% 15917896 Active
http://listing.loopnet.com/15917896
No. Units: Property Description: A well maintained 6 unit apartment building with brand new electric panels and new electric heat in all units. Tenants pay own heat (electric), and you save extra income from 2-car garage. Many units have new flooring. This building is in good condition and it has not been hard to keep it fully occupied. This property is available with 332 N. 5th Street (MLS #5428564) next door. Some expenses are estimated at 1/2 of total expenses for 332 & 334 N. 5th Street. Electric baseboard heat is brand new along with newfuse boxes and meters. Existing boiler is non-functional.
122 S Richmond St - Fleetwood, PA 19522 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,444 SF
Page 27 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
338 Franklin St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: Price/SF: LoopNet ID: Status:
$170,000 $59.40/SF 15917512 Active
http://listing.loopnet.com/15917512
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$139,900 $27,980 9.00% 15902657 Active
http://listing.loopnet.com/15902657
No. Units: Building Size: 2,862 SF Property Description: Completely rehabbed 2,862 square foot property featuring a new roof, heat, central air, electric and fresh paint. This is a great investment opportunity.
1132 Cotton St - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 5 3,259 SF
Property Description: 5 unit corner property, in good condition. 4 out of 5 units are rented but income shows projection of a full rental. Each apartment has its own private entrance. Owner pays heat and water plus electric for 2 units. Long term tenants help for stable rental income and storage unit in rear rents for an additional $30 a month for extra income potential. Make your money work for you with this excellent investment opportunity!
1235 Elm Street - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex 4 9,735 SF
Price: Price/Unit: LoopNet ID: Status:
$280,000 $70,000 15881099 Active
http://listing.loopnet.com/15881099
No. Units: Building Size: Property Description: Unique property! Interior demising walls were removed along with exterior unit kitchens. 2 middle unit kitchens remain. There are 10 full bathrooms and 1 powder room inthe existing dwelling. Each end unit has a 1-car garage. There are 6 separate electric meters.
Page 28 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
1301 Hampden Boulevard - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 3,279 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$279,000 $69,750 100% 15877619 Active
http://listing.loopnet.com/15877619
Property Description: This four unit has a reduced price!!! Please call the listing agent for more details and a tour of the property. Beautifully maintained four unit apartment building in Hampden Heights. All apartments are rented with leases and recently undated and rehabbed. Well insulated building reflects low heating costs. Additional income from 2 car garage and coin-op laundry. Possible subdividable lot. Serious inquiries and qualified buyers need to submit financial statement. Please do not disturb tenants. Possible package sale with adjacent property at 1305 Hampden Blvd.
446-448 Penn Avenue - 448 Penn Avenue, West Reading, PA 19611 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 3 5,663 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$550,000 $183,333 100% 15840050 Active
http://listing.loopnet.com/15840050
Property Description: - 2 Residential Units, 1 Commercial Storefront - Tenants Pay All but Water/Sewer - Rare West Reading Parking Lot (12 spaces) - Beautiful Café with $80,000 in Fixtures - 32' Ft. High Profile Penn Avenue Frontage - Within walking distance to Reading Hospital - VF Outlets under 1/4 mile away - 22,000+ Vehicles Per Day - Under 1/2 mile to Route 422 (71,000 VPD) - Incredibly Diverse Demographic mix
Page 29 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
934 Rose Street - Reading, PA 19601 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 9 10,000 SF
Price: Price/Unit: Cap Rate: GRM: Occupancy: LoopNet ID: Status:
$447,900 $49,767 12.37% 5.95 100% 15819323 Active
http://listing.loopnet.com/15819323
Property Description: This recently renovated 9 unit offers state of the art "heat pump" HVAC systems in each astounding unit. Upgraded kitchens and private parking are just some of the amenities offered. This property also features elevator access and coin-op laundry on each floor, oversized hallways, and energy efficient new windows. Separate mechanicals entrance for maintenance personnel. Many tenants with good rental history. A Must see for your investment porfolio! Sellers wants to see your written offer today!
44 S 4th St - Reading, PA 19602 Property Type: No. Units: Building Size: Year Built:
Multifamily Duplex/Triplex/Fourplex 4 2,000 SF 1900
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$139,900 $34,975 18.44% 100% 15692782 Active
http://listing.loopnet.com/15692782
Property Description: This incredible building is currently recorded as a 2 unit but has 4 units available. The 1st unit is currently vacant because the owner does not wish to rent it, but it could be easily rented for retail or office space. The projected rent for that unit could be $800 a month. Tenants currently occupy the second and third unit. Each unit has 1 bedroom, 1 bathroom, kitchen, and living room. The current tenants for those units are paying $450 a month. The owner is currently occupying the 4th unit. It has 3 bedrooms, 1 bathroom, kitchen, and living room. The projected rent for that unit is $600 a month. All the units are in very good shape, and there is also original hardwood floor. It is located in downtown Reading, and is within walking distance to transportation, shopping, and entertainment. Buyer agent could have the opportunity to win $10,000. All offers will be considered. Make your offer today.
Page 30 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
The Bakery Apartments - 100-120 SW 3rd Ave., Reading, PA 19601 Property Type: No. Units: Building Size: Year Built:
Multifamily Mid/High-Rise 27 25,000 SF 1910
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$1,195,000 $44,259 10.00% 95% 15273898 Active
http://listing.loopnet.com/15273898
Property Description: Absolutely rare opportunity to own 27 separate units, all with separate utilities paid by the tenants. Central air and heat in each unit. Elevator and secure entrance. NEW ROOF ($30,000+) installed last year. NEW laundry room with coin/ops. Separate parking lot with one space/unit. MOST units fully renovated, almost full occupancy. PERFECT FOR CONDO CONVERSION (This is coming to Reading and the city is all for creating home ownership). Tis could possibly be a $3-4mil. building when converted to condos.
4th & Elm Street Complex - 225 - 243 N 4th Street, Reading, PA 19601 Property Type:
Special Purpose Special Purpose (Other) 93,400 SF 1930
Price: Price/SF: LoopNet ID: Status:
$1,130,000 $12.10/SF 15075742 Active
http://listing.loopnet.com/15075742
Building Size: Year Built: Property Description: Keystone Opportunity Zone at the 229 N 4th Street Address! see http://www.newpa.com/default.aspx?id=346 for more details. This offering consists of four deeded properties, beginning at the corner of 4th & Elm Street and extending South on 4th Bldg #1 (243 N 4th St) is a former School house with parking for 25+ cars. The building is stable, but will require extensive rehabilitation. There is great potential for redevelopment, just blocks from the Goggle Works artist collony. Bldg #2 (229 N 4th St) is adjcent to the school building to the South. It was formerly used as the City Garage and consists of a two story garage with indoor parking for over 30 cars on each floor. The lower level is being leased as an auto repair shop. On the same deed as the garage, is a three unit apartment building, reciently updated from the ground up. New Electrical service, new plumbing, and fully occupied. Bldgs #3&4 (225 & 227 N 4th St) are two apartment buildinjgs with three units each. These two buildings were also reciently updated. New Electrical service, new plumbing. Will be delivered with Occupancy permit.
Page 31 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 ·
[email protected]
5537 old swede road - Yellow House, PA 19518 Property Type: Building Size:
Office Office Building 4,800 SF
Price: Price/SF: LoopNet ID: Status:
$1,150,000 $239.58/SF 14814333 Active
http://listing.loopnet.com/14814333
Property Description: Two story stone farmhouse with 3 residential apartments, 4800 square foot office building, restored stone bank barn/antique shop. Possible high commercial use propert y 3.5 acres at corner of high traffic location. Gross income over $94,000.00 annually.Potential income over $120,000.00. Additional 10 acres available.
709 N 9th Street - Reading, PA 19604 Property Type: No. Units: Building Size: Year Built:
Multifamily Duplex/Triplex/Fourplex 3 2,429 SF 1901
Price: Price/Unit: Cap Rate: GRM: Occupancy: LoopNet ID: Status:
$69,000 $23,000 10.00% 5.95 100% 14658207 Active
http://listing.loopnet.com/14658207
Property Description: A great investment property, ready to make money for owner. Nice three unit in great shape, with garage that is rented to tenant for additional income to the owner. Building has long term tenants with 100% occupancy rate. Property is priced for a quick sale
Page 32 of 32 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.