Photo of 644 Birch Street, Reading PA
     
644 Birch Street
Reading, PA 19604
Reading City
Reading School District
Berks County
Asking Price$125,000
Bedrooms3
Full Baths1
Partial Baths
Acres0.03
Interior SqFt974
Age124
HeatingNatural Gas
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2022)1,089

Description
Introducing a lucrative investment opportunity - a portfolio of 3 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. 644 Birch St,Reading, PA,19604 2. 1130 Buttonwood St,Reading, PA,19604 3. 1208 Fidelity St, Reading, PA,19604 With a combined net operating income of $43216, 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 11.5%, demonstrating the strong income potential and value of these properties. The entire portfolio is being offered at a package price of $375,000. 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,are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants. Investing in this 3-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.

Room Sizes

Location


Details
Architectural Type - Traditional
Basement - Full, Concrete Perimeter
Exterior Features - Brick
Cooling - Central A/C, Natural Gas
Heating - Forced Air, Natural Gas
Hot Water - Electric
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 24900
Latitude : 40.345240
Longitude : -75.913220
EveryHome Number : ABK204-40321
Listing Courtesy Coldwell Banker Realty
Zoning Designation RESI