4,750 SqFt
4,750 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $105
MLS Listing ID PABK2061142
Year Built 1931
Annual Tax Amount $5,174
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Some tenants have been in place for many years, which provides strong stability for a new owner. The generous sized lot provides off street parking for tenants, which is a big bonus in this area.
This 5 Unit property has (4) 1 bedroom units and (1) 2 bedroom/ 2 bath unit. The residents show pride in their homes and the property is very well maintained, with a quiet escape in the backyard. Contact agent for group tour time.
The roof was put on in 2012, and each unit has central AC and heat pump. There are 5 electric hot water heaters with each tenant paying for their own.
The property features beautiful historical touches, while benefiting for all recent updates. There is very solid rent growth upside, along with opportunity to install coin op laundry and charge for parking. The tenants all pay for their own electric, and landlord covers trash, sewer and water.
Contact agent for group tour dates. Income and expenses in documents.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Interior
Hot Water Other
Heating None
Cooling Other
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Accessibility Other
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 16-5316-31-28-8653
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Agent | License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States