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1601 N 9th Street, Reading, PA 19604

$194,900

  • For Sale
  • Active
  • Apartment
1601 N 9th Street, Reading, PA 19604View this property at 1601 N 9th Street, Reading, PA 19604
1601 N 9th StreetReadingPA19604
Property Description
Looking for a multi family property with a store / commercial front? Well, look no further than this property here. Take advantage of rental income generation through the existing business within the commercial first floor space and two additional rental units. The options are endless, as the 5000 sq. ft of commercial space features new installation of gas, gas water heaters and new pipes. The two additional units are fully leased; one being a 2 bedroom ($650/month) and the other is a 1 bedroom ($650/month). Ample parking with 6 to 10 spaces along with multiple garages. Sale does NOT include the business, it includes the actual building. Investors / Buyers purchasing this property MUST sign a mandatory, minimum 1 year lease ($1,500/month)
with existing business owners (commercial space tenants), with the option to renew. Showings are preferred during business hours from Monday through Friday from 8 to 5pm. Please schedule your showing today!

Full Property Details for 1601 N 9th St

General

  • Price: $194,900
  • Taxes: $3,272 (2018)
  • Status: Active
  • Type: Apartment
  • MLS ID: 1000135788
  • Updated: 9/7/2018
  • Added: 226 day(s) ago

Business

  • Business Type: Commercial, Apartment Building
  • Includes: Building Only, Land Only

Rental Information

  • Rent Includes: Electricity

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Parking

  • Parking Type: None
  • Parking: 6 to 10 Car Garage

Location

  • Area: Reading City (10201)
  • County: Berks
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: .
  • Location Details: Corner Lot/Unit

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Info: Other
  • Roof: Flat
  • Stories/Levels: 0
  • Year Built: 1930
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Dimensions: .
  • Topography: Other
  • Zoning: COM

Financial Considerations

  • Tax w/Assessment: $75,600
  • Tax Amount: $3,272
  • Tax Year: 2018
  • Tenant Pays: Electricity, Heat, Gas, Water, Cable TV

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: All Merchandise, Equipment Within Commercial Space
  • Lot Number: 1002

Listed by Pagoda Realty & Property Management, Jimmy Thelusca

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Schools

Schools serving 1601 N 9th St

School District:Reading School District
Score
Name
Grades
Distance
3
1600 N 13th St, Reading, PA 19604
PK-5
0.4 mi
2
1216 North 13th Street, Reading, PA 19604
6-7
0.5 mi
1
215 North 12th Street, Reading, PA 19604
8-9
1.5 mi
3
801 N 13th St, Reading, PA 19604
10-12
0.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 1601 N 9th St Get Price Alerts

Date
Details
Price
Change
Source
8/10/2018
Price Reduced
$194,900
-4.88%
MLS
3/26/2018
Price Reduced
$204,900
-4.65%
MLS
2/09/2018
Listed
$214,900
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 1601 N 9th St

Listed by Pagoda Realty & Property Management, Jimmy Thelusca

1601 N 9th Street, Reading, PA 19604 (MLS# 1000135788) is a Apartment property. 1601 N 9th Street is currently listed for $194,900 and was received on February 09, 2018. Want to learn more about 1601 N 9th Street? Do you have questions about finding other Apartment real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.