816 N Front Street

Description

****ATTENTION INVESTORS*** THIS LISTING IS FOR BOTH 816 AND 814 N FRONT. Package deal for sale! Seller Will sell Elm and Chestnut separately. Tenants pay utilities, there are separate meters. Landlord pays water/sewer: $1860/month average for the 4 properties. ($22,300/yr) Insurance: $5460/yr Taxes: 7018/yr Asking $950K or best offer Great from an operational perspective- conveniently located not too far from each other. Most tenants have been there for 3-4 years. One vacancy All rents are current. You may consider updating cabinets and flooring. There are no major repairs needed. Rents have not been increased recently and are below market value 816 N Front street Reading 19601 #1 : $ 775 (2 bedroom ) #2 : $ 600 (2 bedroom ) #3 : $ 550 (1 bedroom ) #4: $ 775 (3 bedroom ) #5 : $ 750 (3 bedroom ) 814 N Front street Reading 19601 #1 : $ 750 (2 bedroom ) #2 : $ 600 (1 bedroom ) #3 : $ 575 (1 bedroom ) 130 Elm street Reading 19601 $ 725 (3 bedroom ) $ 550 (1 bedroom ) $ 700 (3 bedroom ) $ 675 (2 bedroom ) 612 chestnut street Reading 19602 #1 : $ 700 (3 bedroom ) #2 : $ 550 (1 bedroom ) #3 : $ 750 (4 bedroom ) J.R.Heller is a a real estate investment company selling our assignable purchase contract. Owner of the company is a licensed agent in the state of PA.