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$165,000
44 Days Online

211 N 2nd Street
Reading, PA 19601

For Sale|Townhouse|Pending
5
Beds
1
Full Bath
1
Partial Bath
1,608
SqFt
$103
/SqFt
1900
Built
Subdivision:
Reading
County:
Berks

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Call Now: 717-585-4522
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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.

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Listing Snapshot
Price 
$165,000
Days Online 
44 Days
Bedrooms 
5
Inside Area (SqFt) 
1,608 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
0.02 Acres
Year Built 
1900
MLS® Number 
PABK2040946
Status 
Pending
Property Tax 
$748
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Pending
3 weeks agoPrice changed to $165,000
a month agoStatus changed to Active
a month agoListing first seen online
General Features
Style 
Traditional
Water 
Public
Sewer 
Public Sewer
Garage 
No
Foundation 
Concrete Perimeter
Other Structures 
Above GradeBelow Grade
Construction Materials 
Brick
Zoning 
RESI
Levels Count 
3
Acceptable Financing 
CashConventionalFHA
Interior Features
Flooring 
Vinyl
Laundry 
Basement
Heating 
Forced Air
Cooling 
Window Unit(s)
Central Air 
No
Basement 
Yes
Basement Description 
Full
Fireplace 
No
Main Level Bedrooms 
0
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Exterior Features
Pool 
No Pool
Community Features
Accessibility Features 
None
Senior Community 
No
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Realty (610) 373-9900



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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