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Property Description

Introducing a lucrative investment opportunity - a portfolio of 7 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns.

The properties included in this portfolio are:

1. 312 Bern St, Reading, PA,19601
2. 318 Bern St, Reading, PA,19601
3. 644 Birch St,Reading, PA,19604
4. 1130 Buttonwood St,Reading, PA,19604
5. 211 N. 2nd St, Reading, PA,19601
6. 1026 Spring St, Reading, PA,19604
7. 1208 Fidelity St, Reading, PA,19604

With a combined net operating income of $104,379, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities.

The portfolio boasts an impressive cap rate of 9.6%, demonstrating the strong income potential and value of these properties.

The entire portfolio is being offered at a package price of $1,085,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details.

It's important to note that all properties, except for 1026 Spring St, are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants.

Investing in this 7-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.

Overview

Property Status
Sold
Lot Size
1,306 Sq.Ft.
MLS ID
PABK2040940
Property Type
Townhouse
Year Built
1900

Features & Amenities

Neighborhood
Reading
Architecture Styles
Traditional
Water Source
Public
Parking
On Street
Heat Type
Natural Gas, Forced Air
Air Conditioning
Window Unit(s)
Appliances
Gas Water Heater
Sewer
Public Sewer
Substructure
Concrete Perimeter
School District
READING
Sales Price
$170,000
Real Estate Tax
$1,316/yr
Zoning
RESI

Downloads

318 BERN STREET

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 318 BERN STREET, READING, PA 19601

318 BERN STREET
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