PA > Reading
Reading, PA 19602,135 S 6TH ST
Reading, PA 19602,135 S 6TH ST
Reading, PA 19602,135 S 6TH ST
Reading, PA 19602,135 S 6TH ST
Reading, PA 19602,135 S 6TH ST
Reading, PA 19602,135 S 6TH ST
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Brian Foraker

Brian Foraker

+1(302) 420-4616
Listed by Jonathan Gordon • Manor West Realty
$ 599,900
Est. payment | /mo

4,500 SqFt

Save
$ 599,900
Est. payment | /mo
Save

4,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $133

MLS Listing ID PABK2063510

Style Traditional

Abv Grd Liv Area 4,500

Year Built 1900

Available Date 2025-09-27

Annual Tax Amount $3,349

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 0.00 x 0.00

Property Sub-Type Other

Source BRIGHT

Property Description

This investment opportunity is turn key and ready for you. A 5-unit ready to go that has only one vacancy currently. This property has been completely rehabbed with new kitchens and bathrooms, windows, paint, flooring, security door and cameras, updated electric with separate meters, and one roof has a brand new rubber roof on it. Best of all, each unit the tenants pay for their own heat and air conditioning with new mini split systems. The total rents are $73,500 per year. Expenses are roughly as follows. Insurance $1,900, repairs/maintenance $500, Sewer & Water $4,800, licenses and permits $250, electric $300, and real estate taxes. The cap rate is just under 10%, and the debt coverage ratio is 1.46% with the typical 25% down.

Location

State PA

County Berks

Area Reading City (10201)

Zoning COMMERCIAL

Rooms

Basement Side Entrance

Interior

Hot Water Natural Gas

Heating Radiant

Cooling Central A/C

Flooring Luxury Vinyl Plank

Equipment Oven - Single, Refrigerator

Fireplace N

Appliance Oven - Single, Refrigerator

Heat Source Electric

Exterior

Exterior Feature Porch(es)

Water Access N

Roof Type Asphalt,Rubber

Accessibility None

Porch Porch(es)

Garage N

Building

Above Ground Finished SqFt 4500

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 04-5306-27-89-4292

Ownership Fee Simple

SqFt Source 4500

Security Features Exterior Cameras,Main Entrance Lock

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Brian Foraker

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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135 S 6TH ST

 
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