Very large & solid 5 unit in NE Reading producing excellent cash flow. Cap rate at 17%. All units have tenant paid electric. All units have electric baseboard heat, electric cooking and gas hot water. Unit 1, 1st fl front, has 3 rooms, 1BR rented for $495/month. Unit 2, 1st fl rear, has 3 rooms, 1BR, rented for $515/month. Unit 3, 2nd fl front, has 3 rooms, 1BR, rented for $480/month. Unit 4, 2nd fl rear, currently vacant, previously rented for $500/month. Unit 5, 3rd floor, rented for $625/month. 5 Gas hot water heaters paid by tenants. 2-200 AMP electric service lines. 2 Car off street parking. Building in good condition overall and located near public transportation, schools and shopping. This is an excellent investment property and a must have for your investment portfolio.
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