302-304 N 9th Street

Reading, PA
$ 420,800 Beds 14 Baths 0
Monthly Estimate* How much can I afford?

This cash cow is a 9 unit property. Gross annual income is $71,082 and operating expenses are $16,816. The sale includes 302 and 304 N 9th St. The 302 N 9th St building has 1 commercial unit and 4 residential. The 304 N 9th St building has 4 residential units. It is one deed but each property has its own property and school tax bill and water meter. The property has many upgrades which include: 1. ROOF DONE IN 2019. 2. 1 NEW ELECTRIC HOT WATER HEATER. 3. 4 NEW GAS HOT WATER HEATERS. 4. 9 GAS LINE METERS; ONE FOR EACH UNIT. 5. SOME NEW DOUBLE HUNG WINDOWS. 6. 10 ELECTRIC METERS- FOR EACH UNIT AND OWNER. 7. UPGRADED ELECTRIC SERVICE FROM 200 AMP TO 400 AMP. 8. BRAND NEW MAIN BREAKER, METER AND BOX. 9. BRAND NEW 10 ELECTRIC METER BOX AND WIRES. 10. NEW CERAMIC FLOOR IN RESTAURANT. 11. 304 N 9ST NEW COPPER WATER LINES AND VALVES TO EACH APARTMENT. 12. NEW LAMINATE AND VINYL FLOORING IN SOME APARTMENTS. 13. OUTDOOR AND INDOOR SENSOR LIGHTS INSTALLED.

Multi-Family

  • Price
  • $ 420,800
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 14
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Reading
  • County
  • BERKS
  • Style
  • Area
  • MLS#
  • PABK364838
  • Zip
  • 19601
Listing Provided by: Keller Williams Platinum Realty
Data Source: Bright MLS - 382 - MD

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bethesda, MD office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School
Middle School
High School

Price History

9/30/2020 Listed $460,000
2/13/2021 5% - $440,000

Property vs Zip Code Average in 19601

Price
AVG $180K
$440K

Map

302-304 N 9th Street Reading, PA is a Single Family Home for sale at $440000 and a lot size of 1,307 SqFt Acre(s). 302-304 N 9th Street Reading has 14 bedrooms, 0 baths . The property's zip code is 19601 which is in Reading, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.