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Description

Welcome to this well-maintained tenant-occupied semi-detached 2 unit located in the heart of Northeast Reading. This property represents an excellent investment opportunity for those looking to own a rental property with reliable tenants already in place Property Information: This semi-detached home features 2 units. Unit 1 (1st floor) is a 1 bedroom and 1 bathroom apartment. Unit 2 (2nd & 3rd floor) is a 2 bedroom and 1 bathroom apartment. It is currently occupied by reliable tenants with leases in place, providing an immediate income stream for the new owner. Tenant Information: Unit 1 tenant has a 1-year lease in place and pays $950/month Unit 2 has a 1-year lease in place and pays $1125/month. Both units pay their own utilities and have excellent rental payment history offering stability and income to the new owner. Owner is responsible for approximately $140/mon water/sewer/trash bill. Location: This property is conveniently located near Albright College, Northeast Reading public schools, the Rockland shopping center, and public transportation, making it an attractive rental option for tenants. Parking: A detached garage in the rear is offered to Unit 2 at an additional $125/month. Unit 1 is offered 1 off street parking space in the rear. Investment Opportunity: This tenant-occupied semi-detached home presents an excellent opportunity for investors seeking immediate rental income. With a dependable tenant in place, you can start earning rental income from day one. Additional Information: Signature Property Professionals is currently serving as property management and would love to continue property management services with the new owner. This tenant-occupied semi-detached 2 unit is an attractive investment property with established tenants, providing a turnkey opportunity for investors. Don't miss this chance to own a well-maintained rental property with income potential. For more information and to schedule a viewing, please contact us today! 1611 N 11th St can also be purchased as part of a package/portfolio. Total of 5 properties included-- to be sold at a discounted price if purchased as a complete package : 1611 N. 11th St, Reading City, 2 unit 837 Possum Ln, Exeter Twp, single family 2244 Reading Ave, Spring Twp, single family 2517 Eisenhower Ct, Spring Twp, single family 510 Shalter Ave, Muhlenberg Twp, single family