302-304 N 9Th Street

Reading, PA
$ 460,000 Beds 14 Baths 0 Virtual Tour
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
  • $ 460,000
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 14
  • Full Bathrooms
  • 0
  • Year Built
  • 1890
  • Half Bathrooms
  • 0
  • City, Zip
  • Reading
  • Taxes
  • 2588
  • County
  • BERKS
  • Style
  • Traditional
  • Area
  • Reading City
  • MLS#
  • PABK364838
  • Zip
  • 19601
Listing Provided by: Keller Williams Platinum Realty

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Architectural Style Traditional
Construction Materials Brick, Copper Plumbing, CPVC/PVC
Cool Fuel None
Cooling None
County BERKS
Exclusions Kitchen commercial hood system with control and outdoor exhaust fan belongs to the restaurant.
Garage Y/N No
Heating Baseboard - Electric
High School District READING
MLS Area Reading City (10201)
New Construction No
One Bedroom Units Count 3
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7
Ownership Fee Simple
Possession Settlement
Property SubType Other
Property Type Multi-Family
Real Estate Owned Y/N No
Roof Asphalt
Sewer Public Sewer
Single Room Units Count 1
Structure Type End of Row/Townhouse
Tax Annual Amount 2588.0
Tax Lot 9966
Tax Year 2020
Total Units 4
Two Bedroom 4
Vacation Rental Y/N No
Water Access Y/N No
Zoning MIXED USE

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Three Bedroom Units Count 1

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1307.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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 Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/30/2020 Listed $460,000

Property vs Zip Code Average in 19601

Price
AVG $170K
$460K
Taxes
AVG $2,782
$2,588
Visits
AVG 42
15
Year Built
AVG 1903
1890

Map

302-304 N 9Th Street Reading, PA is a Single Family Home for sale at $460000 and a lot size of 1,307 SqFt Acre(s). 302-304 N 9Th Street Reading has 14 bedrooms, 0 baths and was built in 1890. 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 4.38% 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.