Berks - Multifamily April 09
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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:
$199,900 $24,987.50 14.00% 88% 16198786 Active
http://listing.loopnet.com/16198786
Property Description: Great return on Investment. New carpeting and Paint. Tenants pay own gas heat and water. Seperate electric meters. Newer roof. Convenient Location. Parking for over 8 cars. THis property can be combine as a package deal with 1121 Spring St 3 unit with carraige house.
9 Unit Discounted Multi- Family - 409 Walnut Street, Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise 9 9,000 SF
Price: Price/Unit: LoopNet ID: Status:
$125,000 $13,888.89 16181795 Active
http://listing.loopnet.com/16181795
No. Units: Building Size: Property Description: This 9 Unit has been approved for sale at $125,000 or Approximately $13,000 / Unit. The buildings utilities have been shut off and is being sold as is. Some repairs to cosmetics have been made. Most all units come with new Refrigerators. New electric sub metered units installed in basement. Each unit has it's own breaker box. Heating is electric baseboard. Each unit has its own small utility room with seperate water heater within. 3 units are efficiency units and 5 others are 1 bed rooms with a 2 bed unit which could be made into 3. 2 of the 9 units are half bath while the others are full bathrooms. 2 of the units have porch access. 80% of the roof has been repaired and buyer WILL NEED to finish the roof. Little-to-no water damage has occurred and discounted price considers cost of any upgrades. Some window panes may need to be replaced. This property will need inspections and code compliance. Parking is Street. Proforma Income is NOT actual income - it is the Realtor evaluation of what each unit may rent for and any added value opportunities such as a basement laundry or first floor office. Financing shown is purely for example, Please call me for details: 610.370.851
Page 1 of 21 Created: 4/22/2009 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]
Rental properties - 700-724 Franklin St, Reading, PA 19601 Property Type: No. Units:
Multifamily Mid/High-Rise 95
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$1,799,900 $18,946.32 85% 16135514 Active
http://listing.loopnet.com/16135514
Property Description: approx. 79 units, 16 Parking spaces, and a Bar/ Club. Properties consist of an entire half block of various properties from a Hotel with 26 rental room to a Bar with 4 units too many to mention here.
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 $87,500.00 100% 16107223 Active
http://listing.loopnet.com/16107223
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.
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:
$150,000 $14.29 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.
Page 2 of 21 Created: 4/22/2009 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]
20 S Park Ave - Mertztown, PA 19539 Property Type:
No. Spaces:
Multifamily Mobile Home/RV Community 7
Price: Price/Space: Cap Rate: Occupancy: LoopNet ID: Status:
$399,000 $57,000.00 9.15% 100% 15888382 Active
http://listing.loopnet.com/15888382
Property Description: 9.15 CAP RATE!!! Lots of possibilities! This beautiful country setting is home to this 5 unit property with a total of 7 rentals on 1.07 acres. Current income of $46,200/year with expenses of just $10,052/year (including the taxes). This property can easily be converted to a 4 unit for residential financing. Some owner financing possible, call for details!
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 $69,750.00 100% 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.
Page 3 of 21 Created: 4/22/2009 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]
For Sale by Owner: MultiFamily: Foxcroft Manor - 1305 Hampden Blvd, Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 9 9,472 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$659,000 $73,222.22 100% 15803270 Active
http://listing.loopnet.com/15803270
Property Description: For Sale by owner:This gorgeous 9-unit has been reduced in price. Please contact the listing agent for more details. Originally built as the Foxcroft Manor for the Reading beer baron of the Deppen Brewing Co. Tastefully restructured into 9 beautiful apartments in the premier area of Hampden Heights. Quality craftsmanship is evident throughout this stone mansion with random plank hardwood flooring, original tile baths, open foyer with palladian window and original chandelier. Six units make up the Main Building, with two addtional in the Carriage House and one Cottage. Several apts have large balconies and off street parking. All apartments are rented with leases and in excellent condition. Adjacent to MLS#5383825, possible package sale for both multi-units totaling 15 rentals plus laundry income. Serious inquiries and qualified buyers need to submit financial statement. **I'm willing to work with brokers with clients**
1 E High St - Womelsdorf, PA 19567 Property Type: Building Size:
Retail Retail (Other) 6,640 SF
Price: Price/SF LoopNet ID: Status:
$249,900 $37.64 15793433 Active
http://listing.loopnet.com/15793433
Property Description: Great opportunity to own a part of Womelsdorf history. Originally built in 1870 (according to public records) The Masonic building was built by the Masons from stone and brick and today much of it' s lustrous grandeur like the grand staircase and 14 foot ceiling in the main meeting room have all been preserved. Currently the first floor consists of 2 commercial store units. One is currently a computer repair shop, the other is currently vacant. The 2nd and 3rd floors are occupied by the owner and being used as living space. The possibilities of use for the 2nd & 3rd floor are endless. Some ideas would include a meeting area for a lodge, catering use, ballroom, office space or convert into multiply apartments. All would need to be approved by Womelsdorf Borough. The building has been well maintained. 17 newer replacement windows on the 2nd floor, steam boiler is 6 years old, heat is zoned (4). For added comfort and to cut down on fuel consumption, there is a pellet stove and fire place.
Page 4 of 21 Created: 4/22/2009 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 $14,457.83 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 116 320,000 SF 1904
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$1,795,000 $15,474.14 12.00% 15511579 Active
http://listing.loopnet.com/15511579
No. Units: Building Size: Year Built: Property Description: 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. Preliminary plans done for building which includes 116 apartments and 60,000 square feet of retail space. SERIOUS REDEVELOPERS ONLY!!! This is a major project for experienced and/or well-funded parties only. See attached proposed construction budget and income/expense numbers!!
Page 5 of 21 Created: 4/22/2009 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 $10,950.00 15512001 Active
http://listing.loopnet.com/15512001
No. Units: Building Size: Year Built: Property Description: 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 about 5 years ago but has been vacant since that time. 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 will consider holding some financing!! Owner just finished appealing taxes from $94,000 down to $450 PER YEAR!!
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 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 6 of 21 Created: 4/22/2009 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]
Cherry High House - 100 W. High Street, Topton, PA 19562 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 6 9,148 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$580,000 $96,666.67 5.00% 40% 16190778 Active
http://listing.loopnet.com/16190778
Property Description: Brick apartment building known as The Cherry High House. Six separately metered apartments consisting of two bedrooms each. Additionally, there are four large garage bays for storage rental. Units have individual gas forced air heating systems. Coin-op laundry facility in the lower level.
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 $32,777.78 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!
1011 Washington St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 2,241 SF
Price: Price/Unit: LoopNet ID: Status:
$89,900 $44,950.00 16180833 Active
http://listing.loopnet.com/16180833
No. Units: Building Size: Property Description: Great investment opportunity with this 2 unit in Northeast Reading. Ideal for novice investor. Property subject to short sale bank approval.
Page 7 of 21 Created: 4/22/2009 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:
$119,900 $39,966.67 8.00% 16180481 Active
http://listing.loopnet.com/16180481
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. Interior painting, where needed, should be done by settlement.
700 N 10th St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 3,500 SF
Price: Price/Unit: LoopNet ID: Status:
$69,900 $34,950.00 16170807 Active
http://listing.loopnet.com/16170807
Price: Price/Unit: LoopNet ID: Status:
$125,900 $62,950.00 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 8 of 21 Created: 4/22/2009 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:
$1,100,000 $22,000.00 13.00% 16143976 Active
http://listing.loopnet.com/16143976
Price: Price/SF LoopNet ID: Status:
$59,900 $29.95 16125602 Active
http://listing.loopnet.com/16125602
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$214,900 $42,980.00 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 9 of 21 Created: 4/22/2009 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]
1222 Lancaster Ave - Reading, PA 19607 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 5,227 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$220,000 $55,000.00 7.00% 16093961 Active
http://listing.loopnet.com/16093961
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!
1043 N 10th St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: Price/SF LoopNet ID: Status:
$69,900 $38.96 16093935 Active
http://listing.loopnet.com/16093935
Price: Price/Unit: LoopNet ID: Status:
$71,500 $71,500.00 16083625 Active
http://listing.loopnet.com/16083625
No. Units: Building Size: 1,794 SF Property Description: 2 Unit in the Northeast Area. Both units are nice and big with newer electric hot water heater and newer furnace. 2nd floor unit has convenient washer and dryer on same floor. Perfect for owner occupied and make extra money on the rental. Fenced in backyard.
114 S 8th St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex 1 1,742 SF
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.
Page 10 of 21 Created: 4/22/2009 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]
2113 Penn Ave. - Reading, PA 19609 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 6 6,000 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$450,000 $75,000.00 9.26% 100% 16079568 Active
http://listing.loopnet.com/16079568
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:
$115,000 16073277 Active
http://listing.loopnet.com/16073277
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$120,000 $60,000.00 8.00% 16063021 Active
http://listing.loopnet.com/16063021
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.
210 N 6th St - Reading, PA 19601 Property Type: No. Units: Building Size: Year Built:
Multifamily Duplex/Triplex/Fourplex 2 3,500 SF 1900
Page 11 of 21 Created: 4/22/2009 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]
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 $53,333.33 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.
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:
$149,900 $37,475.00 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
Page 12 of 21 Created: 4/22/2009 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]
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 $30,833.33 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 $37,475.00 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
537 Tulpehocken St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 3 3,030 SF
Price: Price/Unit: LoopNet ID: Status:
$45,000 $15,000.00 16017474 Active
http://listing.loopnet.com/16017474
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.
Page 13 of 21 Created: 4/22/2009 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]
725 Washington Street - Reading, PA 19601 Property Type:
Office Office Building 2,100 SF C 1900
Price: Price/SF Cap Rate: LoopNet ID: Status:
$129,000 $61.43 11.00% 16013966 Active
http://listing.loopnet.com/16013966
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$85,000 $42,500.00 9.00% 16000593 Active
http://listing.loopnet.com/16000593
Building Size: Building Class: Year Built: Property Description: BANK OWNED: Mixed use building consisting of a one retail/office suite (400 SF) and three apartments. All of the units are vacant, but could very easily be rented with very minor cleaning and painting. This building is pretty well kept for being a foreclosure and offers updated kitchens, electric, plumbing, lighting and a newer flat rubber roof. Each tenant pays separate electric, heat and hot water. There is parking available in immediate neighboring garages, but none that is dedicated to this property.
1637 Perkiomen Ave - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,228 SF
Property Description: Don't miss it!! Before you buy your new house, make sure you check out this great opportunity to live almost for free. Let tenants pay your mortgage and their utilities or this can be the best investment in your life with 11% cap rate! Good tenants, separate utilities, absolutely great location near public transportation, schools, stores, and other services. Come and see yourself, this nicely kept property needs a new owner.
545 N 11th St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,276 SF
Page 14 of 21 Created: 4/22/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$89,900 $44,950.00 11.00% 15980282 Active
http://listing.loopnet.com/15980282
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 · [email protected]
COMMERCIAL/APARTMENT BLDG. - 2 S. 4th Street, Hamburg, PA 19526 Property Type:
Multifamily Garden/Low-Rise 6 6,000 SF 1830
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$225,000 $37,500.00 67% 15964794 Active
http://listing.loopnet.com/15964794
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$85,000 $28,333.33 9.00% 15948988 Active
http://listing.loopnet.com/15948988
$1,195,000 $44,259.26 1.00% 15934341 Active
http://listing.loopnet.com/15934341
No. Units: Building Size: Year Built: Property Description: Six-unit commercial/apartment building; current tenants include: restaurant ($675/mo), gift shop ($550/mo.), townhouse ($550/mo.), apartment ($575/mo.), retail ($575/mo.) and lodge hall (vacant-$600/mo.). Tenants pay electric and gas. Excellent opportunity for investor or owner/user.
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.
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:
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.
Page 15 of 21 Created: 4/22/2009 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]
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: LoopNet ID: Status:
$174,900 15917882 Active
http://listing.loopnet.com/15917882
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$174,900 $87,450.00 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.
526 Franklin St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
No. Units: Property Description: Great Downtown Multi-Unit Investment Opportunity! Two Buildings -- One Low Price!!! This Sale Includes Two Properties On One Deed With Separate Tax ID Numbers: 526 Franklin Street (Tax Id 04-5306-27-89-1583) & 107 Pearl Street (Tax Id 04-5306-27-89-1550). Both Buildings Share Yard And Basement. Seven Total Units And All Tenant Occupied. Current Owner Wants To Retire And Is Looking At All Reasonable Offers.
122 S Richmond St - Fleetwood, PA 19522 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,444 SF
Page 16 of 21 Created: 4/22/2009 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 15917512 Active
http://listing.loopnet.com/15917512
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$139,900 $27,980.00 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 $70,000.00 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 17 of 21 Created: 4/22/2009 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]
110 S 10th St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: LoopNet ID: Status:
$39,900 15864081 Active
http://listing.loopnet.com/15864081
$550,000 $183,333.33 100% 15840050 Active
http://listing.loopnet.com/15840050
No. Units: Property Description: The second floor is a huge 3 bedroom apartment with a modern kitchen waiting for your finishing touches. The kitchen has tile floors, backsplash, buit-in cooktop range(Gas), tile countertops, double sink and newer cabinets. Extra bonus room is not finished can be a computer room or 4th bedroom. Seperate electric meters for less expenses. Call to setup an appointment today!
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:
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
220 Kohler Rd - Kutztown, PA 19530 Property Type: Building Size:
Retail Retail (Other) 5,344 SF
Price: Price/SF Cap Rate: LoopNet ID: Status:
$475,000 $88.88 10.00% 15833737 Active
http://listing.loopnet.com/15833737
Property Description: This property has endless possibilities. One Mile from Kutztown collage campus. Four separate buildings with commercial options all on 8+/- acres. First is the 2,500 sq/ft totally restored 1900,s stone farmhouse with large master suite. The Second building is the 1500 sq/ft two story building that had been used for a commercial office. Third is the 56'x30' 2 story building w/ 1-high bay Garage door and 1- 7 ft garage door. The Forth building is a 36 x 30 two story building w/ side sliding doors that opens a wide entrance and two garage doors that enter the rear of the building. Large paved area for parking with endless road frontage on Kohler road.
Page 18 of 21 Created: 4/22/2009 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 $49,766.67 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!
136 N 4th St - Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise
Price: LoopNet ID: Status:
$154,900 15788505 Active
http://listing.loopnet.com/15788505
No. Units: Property Description: If you're looking for a great investments with little work, check out this great 5-unit apartment building located just blocks from the Goggle Works. Located in downtown Reading, this 5 unit has all current permits required by the City of Reading, many improvements were made by this owner as well as a new roof that was added this year. Make your appointment today!
Page 19 of 21 Created: 4/22/2009 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]
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 $34,975.00 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.
240-242 State Street - Hamburg, PA 19526 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 3,064 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$224,900 $56,225.00 100% 15546197 Active
http://listing.loopnet.com/15546197
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!
Page 20 of 21 Created: 4/22/2009 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 $44,259.26 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.
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 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 $23,000.00 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 21 of 21 Created: 4/22/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
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:
$199,900 $24,987.50 14.00% 88% 16198786 Active
http://listing.loopnet.com/16198786
Property Description: Great return on Investment. New carpeting and Paint. Tenants pay own gas heat and water. Seperate electric meters. Newer roof. Convenient Location. Parking for over 8 cars. THis property can be combine as a package deal with 1121 Spring St 3 unit with carraige house.
9 Unit Discounted Multi- Family - 409 Walnut Street, Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise 9 9,000 SF
Price: Price/Unit: LoopNet ID: Status:
$125,000 $13,888.89 16181795 Active
http://listing.loopnet.com/16181795
No. Units: Building Size: Property Description: This 9 Unit has been approved for sale at $125,000 or Approximately $13,000 / Unit. The buildings utilities have been shut off and is being sold as is. Some repairs to cosmetics have been made. Most all units come with new Refrigerators. New electric sub metered units installed in basement. Each unit has it's own breaker box. Heating is electric baseboard. Each unit has its own small utility room with seperate water heater within. 3 units are efficiency units and 5 others are 1 bed rooms with a 2 bed unit which could be made into 3. 2 of the 9 units are half bath while the others are full bathrooms. 2 of the units have porch access. 80% of the roof has been repaired and buyer WILL NEED to finish the roof. Little-to-no water damage has occurred and discounted price considers cost of any upgrades. Some window panes may need to be replaced. This property will need inspections and code compliance. Parking is Street. Proforma Income is NOT actual income - it is the Realtor evaluation of what each unit may rent for and any added value opportunities such as a basement laundry or first floor office. Financing shown is purely for example, Please call me for details: 610.370.851
Page 1 of 21 Created: 4/22/2009 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]
Rental properties - 700-724 Franklin St, Reading, PA 19601 Property Type: No. Units:
Multifamily Mid/High-Rise 95
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$1,799,900 $18,946.32 85% 16135514 Active
http://listing.loopnet.com/16135514
Property Description: approx. 79 units, 16 Parking spaces, and a Bar/ Club. Properties consist of an entire half block of various properties from a Hotel with 26 rental room to a Bar with 4 units too many to mention here.
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 $87,500.00 100% 16107223 Active
http://listing.loopnet.com/16107223
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.
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:
$150,000 $14.29 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.
Page 2 of 21 Created: 4/22/2009 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]
20 S Park Ave - Mertztown, PA 19539 Property Type:
No. Spaces:
Multifamily Mobile Home/RV Community 7
Price: Price/Space: Cap Rate: Occupancy: LoopNet ID: Status:
$399,000 $57,000.00 9.15% 100% 15888382 Active
http://listing.loopnet.com/15888382
Property Description: 9.15 CAP RATE!!! Lots of possibilities! This beautiful country setting is home to this 5 unit property with a total of 7 rentals on 1.07 acres. Current income of $46,200/year with expenses of just $10,052/year (including the taxes). This property can easily be converted to a 4 unit for residential financing. Some owner financing possible, call for details!
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 $69,750.00 100% 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.
Page 3 of 21 Created: 4/22/2009 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]
For Sale by Owner: MultiFamily: Foxcroft Manor - 1305 Hampden Blvd, Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 9 9,472 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$659,000 $73,222.22 100% 15803270 Active
http://listing.loopnet.com/15803270
Property Description: For Sale by owner:This gorgeous 9-unit has been reduced in price. Please contact the listing agent for more details. Originally built as the Foxcroft Manor for the Reading beer baron of the Deppen Brewing Co. Tastefully restructured into 9 beautiful apartments in the premier area of Hampden Heights. Quality craftsmanship is evident throughout this stone mansion with random plank hardwood flooring, original tile baths, open foyer with palladian window and original chandelier. Six units make up the Main Building, with two addtional in the Carriage House and one Cottage. Several apts have large balconies and off street parking. All apartments are rented with leases and in excellent condition. Adjacent to MLS#5383825, possible package sale for both multi-units totaling 15 rentals plus laundry income. Serious inquiries and qualified buyers need to submit financial statement. **I'm willing to work with brokers with clients**
1 E High St - Womelsdorf, PA 19567 Property Type: Building Size:
Retail Retail (Other) 6,640 SF
Price: Price/SF LoopNet ID: Status:
$249,900 $37.64 15793433 Active
http://listing.loopnet.com/15793433
Property Description: Great opportunity to own a part of Womelsdorf history. Originally built in 1870 (according to public records) The Masonic building was built by the Masons from stone and brick and today much of it' s lustrous grandeur like the grand staircase and 14 foot ceiling in the main meeting room have all been preserved. Currently the first floor consists of 2 commercial store units. One is currently a computer repair shop, the other is currently vacant. The 2nd and 3rd floors are occupied by the owner and being used as living space. The possibilities of use for the 2nd & 3rd floor are endless. Some ideas would include a meeting area for a lodge, catering use, ballroom, office space or convert into multiply apartments. All would need to be approved by Womelsdorf Borough. The building has been well maintained. 17 newer replacement windows on the 2nd floor, steam boiler is 6 years old, heat is zoned (4). For added comfort and to cut down on fuel consumption, there is a pellet stove and fire place.
Page 4 of 21 Created: 4/22/2009 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 $14,457.83 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 116 320,000 SF 1904
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$1,795,000 $15,474.14 12.00% 15511579 Active
http://listing.loopnet.com/15511579
No. Units: Building Size: Year Built: Property Description: 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. Preliminary plans done for building which includes 116 apartments and 60,000 square feet of retail space. SERIOUS REDEVELOPERS ONLY!!! This is a major project for experienced and/or well-funded parties only. See attached proposed construction budget and income/expense numbers!!
Page 5 of 21 Created: 4/22/2009 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 $10,950.00 15512001 Active
http://listing.loopnet.com/15512001
No. Units: Building Size: Year Built: Property Description: 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 about 5 years ago but has been vacant since that time. 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 will consider holding some financing!! Owner just finished appealing taxes from $94,000 down to $450 PER YEAR!!
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 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 6 of 21 Created: 4/22/2009 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]
Cherry High House - 100 W. High Street, Topton, PA 19562 Property Type: No. Units: Building Size:
Multifamily Mid/High-Rise 6 9,148 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$580,000 $96,666.67 5.00% 40% 16190778 Active
http://listing.loopnet.com/16190778
Property Description: Brick apartment building known as The Cherry High House. Six separately metered apartments consisting of two bedrooms each. Additionally, there are four large garage bays for storage rental. Units have individual gas forced air heating systems. Coin-op laundry facility in the lower level.
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 $32,777.78 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!
1011 Washington St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 2,241 SF
Price: Price/Unit: LoopNet ID: Status:
$89,900 $44,950.00 16180833 Active
http://listing.loopnet.com/16180833
No. Units: Building Size: Property Description: Great investment opportunity with this 2 unit in Northeast Reading. Ideal for novice investor. Property subject to short sale bank approval.
Page 7 of 21 Created: 4/22/2009 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:
$119,900 $39,966.67 8.00% 16180481 Active
http://listing.loopnet.com/16180481
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. Interior painting, where needed, should be done by settlement.
700 N 10th St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex 2 3,500 SF
Price: Price/Unit: LoopNet ID: Status:
$69,900 $34,950.00 16170807 Active
http://listing.loopnet.com/16170807
Price: Price/Unit: LoopNet ID: Status:
$125,900 $62,950.00 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 8 of 21 Created: 4/22/2009 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:
$1,100,000 $22,000.00 13.00% 16143976 Active
http://listing.loopnet.com/16143976
Price: Price/SF LoopNet ID: Status:
$59,900 $29.95 16125602 Active
http://listing.loopnet.com/16125602
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$214,900 $42,980.00 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 9 of 21 Created: 4/22/2009 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]
1222 Lancaster Ave - Reading, PA 19607 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 5,227 SF
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$220,000 $55,000.00 7.00% 16093961 Active
http://listing.loopnet.com/16093961
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!
1043 N 10th St - Reading, PA 19604 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: Price/SF LoopNet ID: Status:
$69,900 $38.96 16093935 Active
http://listing.loopnet.com/16093935
Price: Price/Unit: LoopNet ID: Status:
$71,500 $71,500.00 16083625 Active
http://listing.loopnet.com/16083625
No. Units: Building Size: 1,794 SF Property Description: 2 Unit in the Northeast Area. Both units are nice and big with newer electric hot water heater and newer furnace. 2nd floor unit has convenient washer and dryer on same floor. Perfect for owner occupied and make extra money on the rental. Fenced in backyard.
114 S 8th St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex 1 1,742 SF
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.
Page 10 of 21 Created: 4/22/2009 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]
2113 Penn Ave. - Reading, PA 19609 Property Type: No. Units: Building Size:
Multifamily Garden/Low-Rise 6 6,000 SF
Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:
$450,000 $75,000.00 9.26% 100% 16079568 Active
http://listing.loopnet.com/16079568
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:
$115,000 16073277 Active
http://listing.loopnet.com/16073277
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$120,000 $60,000.00 8.00% 16063021 Active
http://listing.loopnet.com/16063021
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.
210 N 6th St - Reading, PA 19601 Property Type: No. Units: Building Size: Year Built:
Multifamily Duplex/Triplex/Fourplex 2 3,500 SF 1900
Page 11 of 21 Created: 4/22/2009 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]
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 $53,333.33 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.
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:
$149,900 $37,475.00 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
Page 12 of 21 Created: 4/22/2009 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]
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 $30,833.33 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 $37,475.00 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
537 Tulpehocken St - Reading, PA 19601 Property Type:
Multifamily Duplex/Triplex/Fourplex 3 3,030 SF
Price: Price/Unit: LoopNet ID: Status:
$45,000 $15,000.00 16017474 Active
http://listing.loopnet.com/16017474
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.
Page 13 of 21 Created: 4/22/2009 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]
725 Washington Street - Reading, PA 19601 Property Type:
Office Office Building 2,100 SF C 1900
Price: Price/SF Cap Rate: LoopNet ID: Status:
$129,000 $61.43 11.00% 16013966 Active
http://listing.loopnet.com/16013966
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$85,000 $42,500.00 9.00% 16000593 Active
http://listing.loopnet.com/16000593
Building Size: Building Class: Year Built: Property Description: BANK OWNED: Mixed use building consisting of a one retail/office suite (400 SF) and three apartments. All of the units are vacant, but could very easily be rented with very minor cleaning and painting. This building is pretty well kept for being a foreclosure and offers updated kitchens, electric, plumbing, lighting and a newer flat rubber roof. Each tenant pays separate electric, heat and hot water. There is parking available in immediate neighboring garages, but none that is dedicated to this property.
1637 Perkiomen Ave - Reading, PA 19602 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,228 SF
Property Description: Don't miss it!! Before you buy your new house, make sure you check out this great opportunity to live almost for free. Let tenants pay your mortgage and their utilities or this can be the best investment in your life with 11% cap rate! Good tenants, separate utilities, absolutely great location near public transportation, schools, stores, and other services. Come and see yourself, this nicely kept property needs a new owner.
545 N 11th St - Reading, PA 19604 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,276 SF
Page 14 of 21 Created: 4/22/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$89,900 $44,950.00 11.00% 15980282 Active
http://listing.loopnet.com/15980282
Property For Sale
Keller Williams Realty Group
Joseph Leone · (610) 551-5830 · [email protected]
COMMERCIAL/APARTMENT BLDG. - 2 S. 4th Street, Hamburg, PA 19526 Property Type:
Multifamily Garden/Low-Rise 6 6,000 SF 1830
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$225,000 $37,500.00 67% 15964794 Active
http://listing.loopnet.com/15964794
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$85,000 $28,333.33 9.00% 15948988 Active
http://listing.loopnet.com/15948988
$1,195,000 $44,259.26 1.00% 15934341 Active
http://listing.loopnet.com/15934341
No. Units: Building Size: Year Built: Property Description: Six-unit commercial/apartment building; current tenants include: restaurant ($675/mo), gift shop ($550/mo.), townhouse ($550/mo.), apartment ($575/mo.), retail ($575/mo.) and lodge hall (vacant-$600/mo.). Tenants pay electric and gas. Excellent opportunity for investor or owner/user.
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.
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:
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.
Page 15 of 21 Created: 4/22/2009 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]
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: LoopNet ID: Status:
$174,900 15917882 Active
http://listing.loopnet.com/15917882
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$174,900 $87,450.00 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.
526 Franklin St - Reading, PA 19602 Property Type:
Multifamily Garden/Low-Rise
No. Units: Property Description: Great Downtown Multi-Unit Investment Opportunity! Two Buildings -- One Low Price!!! This Sale Includes Two Properties On One Deed With Separate Tax ID Numbers: 526 Franklin Street (Tax Id 04-5306-27-89-1583) & 107 Pearl Street (Tax Id 04-5306-27-89-1550). Both Buildings Share Yard And Basement. Seven Total Units And All Tenant Occupied. Current Owner Wants To Retire And Is Looking At All Reasonable Offers.
122 S Richmond St - Fleetwood, PA 19522 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 2 2,444 SF
Page 16 of 21 Created: 4/22/2009 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 15917512 Active
http://listing.loopnet.com/15917512
Price: Price/Unit: Cap Rate: LoopNet ID: Status:
$139,900 $27,980.00 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 $70,000.00 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 17 of 21 Created: 4/22/2009 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]
110 S 10th St - Reading, PA 19602 Property Type:
Multifamily Duplex/Triplex/Fourplex
Price: LoopNet ID: Status:
$39,900 15864081 Active
http://listing.loopnet.com/15864081
$550,000 $183,333.33 100% 15840050 Active
http://listing.loopnet.com/15840050
No. Units: Property Description: The second floor is a huge 3 bedroom apartment with a modern kitchen waiting for your finishing touches. The kitchen has tile floors, backsplash, buit-in cooktop range(Gas), tile countertops, double sink and newer cabinets. Extra bonus room is not finished can be a computer room or 4th bedroom. Seperate electric meters for less expenses. Call to setup an appointment today!
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:
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
220 Kohler Rd - Kutztown, PA 19530 Property Type: Building Size:
Retail Retail (Other) 5,344 SF
Price: Price/SF Cap Rate: LoopNet ID: Status:
$475,000 $88.88 10.00% 15833737 Active
http://listing.loopnet.com/15833737
Property Description: This property has endless possibilities. One Mile from Kutztown collage campus. Four separate buildings with commercial options all on 8+/- acres. First is the 2,500 sq/ft totally restored 1900,s stone farmhouse with large master suite. The Second building is the 1500 sq/ft two story building that had been used for a commercial office. Third is the 56'x30' 2 story building w/ 1-high bay Garage door and 1- 7 ft garage door. The Forth building is a 36 x 30 two story building w/ side sliding doors that opens a wide entrance and two garage doors that enter the rear of the building. Large paved area for parking with endless road frontage on Kohler road.
Page 18 of 21 Created: 4/22/2009 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 $49,766.67 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!
136 N 4th St - Reading, PA 19601 Property Type:
Multifamily Garden/Low-Rise
Price: LoopNet ID: Status:
$154,900 15788505 Active
http://listing.loopnet.com/15788505
No. Units: Property Description: If you're looking for a great investments with little work, check out this great 5-unit apartment building located just blocks from the Goggle Works. Located in downtown Reading, this 5 unit has all current permits required by the City of Reading, many improvements were made by this owner as well as a new roof that was added this year. Make your appointment today!
Page 19 of 21 Created: 4/22/2009 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]
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 $34,975.00 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.
240-242 State Street - Hamburg, PA 19526 Property Type: No. Units: Building Size:
Multifamily Duplex/Triplex/Fourplex 4 3,064 SF
Price: Price/Unit: Occupancy: LoopNet ID: Status:
$224,900 $56,225.00 100% 15546197 Active
http://listing.loopnet.com/15546197
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!
Page 20 of 21 Created: 4/22/2009 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 $44,259.26 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.
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 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 $23,000.00 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 21 of 21 Created: 4/22/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.
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