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Property Description

Welcome to 749 N 9th Street, Reading, PA 19604 -- a fully renovated 4-unit investment property located in the heart of Northeast Reading offering strong cash flow and excellent income potential. This turnkey multi-family property has been recently updated throughout with modern finishes including new flooring, fresh paint, updated light fixtures, renovated bathrooms, and upgraded kitchens, providing an attractive living space for tenants while minimizing immediate maintenance concerns for the next owner.
The property currently offers an impressive 10% cap rate, making it an ideal opportunity for both seasoned investors and those looking to expand their real estate portfolio with a high-performing asset. Each unit is separately metered with tenants responsible for paying all utilities, helping maximize your net operating income and reduce landlord expenses.
Conveniently located near local schools, shopping, restaurants, public transportation, and major routes, this property combines strong rental demand with modern updates and excellent long-term investment potential. Whether you are looking to grow your portfolio or secure a cash-flowing asset in Reading's thriving rental market, 749 N 9th Street is an opportunity you won't want to miss.

Overview

Property Status
For Sale
Lot Size
1,742 Sq.Ft.
MLS ID
PABK2071670
Property Type
Multi-Family
Year Built
1900

Features & Amenities

Total Area
4,197 Sq.Ft.
Neighborhood
Reading
Architecture Styles
Traditional
Water Source
Public
Utilites
Natural Gas Available
Pool
None
Parking
None
Heat Type
Natural Gas, Hot Water
Air Conditioning
Window Unit(s), Electric
Appliances
Electric Water Heater
Sewer
Public Sewer
Substructure
Concrete Perimeter
School District
READING
Sales Price
$524,900
Real Estate Tax
$3,143/yr
Zoning
RESI

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749 N 9TH STREET

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749 N 9TH STREET
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