$165,000
●
Townhouse -
In Contract
211 N 2ND ST
READING, PA 19601
5 Beds
2 Baths,
1
Half Bath
1608 Sqft
$811
Estimated Monthly
$0
HOA / Fees
About This Property
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.
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.
Unit Size
1,608Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$103
Property Type
Townhouse
Property Taxes
$62
HOA Dues
-
Year Built
1900
Listed By
Last updated: 22 days ago (Bright MLS #PABK2040946)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Price Increased |
$165,000
↑ $10K
(6.5%)
|
|
| Price Increased | |||
| Mar 21, 2024 | Listed by Coldwell Banker Realty | $155,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 19, 2023 | Sold | $355,000 | |
| Sold | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Bedroom Information
Bedrooms on 1st Upper Level: 3
Bedrooms on 2nd Upper Level: 2
Bathroom Information
Full Bathrooms on 1st Upper Level: 1
Interior Information
Flooring Type: Vinyl
Living Area Square Feet Source: Assessor
Wall & Ceiling Types
Room Information
Laundry Type: Basement
Basement Information
Has Basement
Full
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Assessor
Building Information
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Structure Type: Interior Row/Townhouse
Construction Materials: Brick
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $17,100
Above Grade Information
Finished Square Feet: 1608
Finished Square Feet Source: Assessor
Financial Details
County Tax: $131
County Tax Payment Frequency: Annually
City Town Tax: $310
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $17,100
Tax Year: 2022
Tax Annual Amount: $748
Year Assessed: 2023
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
211 N 2ND ST
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
5
Beds
2
Baths
1,595 ft²
$103/ft²
$165,000
Jan 19, 2024
$165,000
Mar 27, 2024
-
Townhouse
5
Beds
2
Baths
1,650 ft²
$97/ft²
$160,000
May 3, 2023
$160,000
Jun 15, 2023
-
Townhouse
5
Beds
2
Baths
1,637 ft²
$101/ft²
$166,000
Mar 24, 2023
$166,000
May 31, 2023
-
Sold
Townhouse
5
Beds
2
Baths
1,529 ft²
$118/ft²
$179,900
Oct 5, 2023
$179,900
Dec 1, 2023
-
Townhouse
5
Beds
2
Baths
1,736 ft²
$92/ft²
$160,000
Oct 2, 2023
$160,000
Jan 16, 2024
-
Sold
Townhouse
5
Beds
2
Baths
1,760 ft²
$88/ft²
$155,000
Nov 16, 2022
$155,000
Apr 6, 2023
-
Active
Townhouse
5
Beds
2
Baths
1,538 ft²
$127/ft²
$195,000
Apr 1, 2024
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
211 North 2nd Street
211 North 2nd Street, Reading, PA 19601
- 1 Unit for Sale
About Northwest Reading
Similar Homes for Sale
$195,000
- 5 Beds
- 2 Baths
- 1,538 ft²
$170,000
- 5 Beds
- 2 Baths
- 1,584 ft²
Nearby Rentals
Listed by: Joe Colon
Coldwell Banker Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# PABK2040946
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Coldwell Banker Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# PABK2040946
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
