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19 N 6th Street, Reading, PA 19601
$3,200,000
19 N 6th Street, Reading, PA 19601View this property at 19 N 6th Street, Reading, PA 19601
19 N 6th StreetReadingPA19601
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Property Description
Right in the heart of Reading, this property is ready for a new owner. 19 North 6th Street is occupied by long-reliable tenants, it is positioned right by the Courthouse, a parking garage, and local government offices. The property is in an economic opportunity zone and with most of the tenants being non-profit or County Agencies; you can apply for potential tax relief. There is over 60k in leasable square feet and the courtyard provides an excellent outdoor space for employees to get some fresh air and enjoy their lunch break. The current owner would like to stay and occupy space which leaves just one vacancy on the 5th floor. The projected monthly cash flow is 16k. Perfect for an owner occupant or investor.
Full Property Details
Full Property Details for 19 N 6th St
General
- Price: $3,200,000
- Taxes: $59,944 (2024)
- Status: Active
- Type: Commercial
- MLS ID: PABK2040004
- Updated: 2/27/2024
- Added to Site: 60 day(s) ago
Business
- Business Type: Professional
Additional Information
- Security/Safety: Desk in Lobby
Parking
- Parking Type: On Street, Public Garage
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Cross Streets: Court Street
- Driving Directions: Take 222 Business into Reading, head East on Penn Street, then North onto N 6th Street.
- Location Details: Business District
School Information
- High School: Reading Senior
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Elevator(s ): 2
- Stories/Levels: 5
- Year Built: 1976
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Zoning: KOZ
Financial Considerations
- Price Per Sq. Ft.: $48.48
- Assessment Year: 2023
- School Tax: $24,205
- City/TownTax: $24,474
- City/TownTax Freq: Annually
- County Tax: $11,265
- County Tax Freq: Annually
- Tax w/Assessment: $1,350,000
- Tax Amount: $59,944
- Tax Year: 2024
- Owner Pays: Air Conditioning, All Utilities, Common Area Maintenance, Snow Removal, Taxes - Real Estate
- Landlord Pays: Air Conditioning, All Utilities, Common Area Maintenance, Snow Removal, Taxes - Real Estate
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: All personal property
- Inclusions: Kitchen appliances on all levels.
- Lot Number: 4485
Listed by Iron Valley Real Estate of York County, Simon J. Overmiller
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Schools
Schools serving 19 N 6th St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
251 N 2nd St, Reading, PA 19601 | K-5 | 0.5 mi | |
Southwest Middle School
300 Chestnut St, Reading, PA 19602 | 6-7 | 0.4 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 1.2 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 for 19 N 6th St
Date
Details
Price
Change
Source
2/27/2024
Listed
$3,200,000
-11.11%
MLS
12/01/2005
Sold
$3,600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 19 N 6th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$51,414
—
$1,176,100
—
2022
$51,414
—
$1,176,100
—
2021
$51,414
3%
$1,176,100
—
2016
$49,950
5%
$1,176,100
—
2015
$47,598
1%
$1,176,100
—
2014
$47,022
—
$1,176,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 19 N 6th St
19 N 6th Street, Reading, PA 19601 (MLS# PABK2040004) is a Commercial property. 19 N 6th Street is currently listed for $3,200,000 and was received on February 27, 2024. Want to learn more about 19 N 6th Street? Do you have questions about finding other Commercial real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.