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1038 Walnut St, Reading, PA 19601

$299,900
: 4
BD
: 3
BA
: 1,355
SqFt

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List Price: $299,900
Price Change: ▼ $9,600 1788222734
Status: ACTIVE
MLS#: PABK2073908
Bedrooms: 4
Bathrooms: 3
Full Baths: 3
Living Area: 1,355
Lot Size (Acres): 0.03
Style: Other
Year Built: 1900
County: Berks
School District: Reading

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Property Description

Excellent investment opportunity! Multi-Family with three residential units. The property features a vacant 1-bedroom unit, the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $900/month. The 2nd floor host a spacious (occupied) 2-bedroom unit, offers gas boiler heat and electric hot water. They are month to month, paying $1200. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

(484) 651-7464

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Additional Information

Area: Reading City (10201)
Subdivision: Reading
School District: Reading
Heating: Forced Air
Cooling: None
Water: Public
Sewer: Public Sewer
Basement: Other