Investors, this is a fully occupied 2 unit making over a 13% CAP rate. If you have never been on Eckert Avenue you need to! This block does not look like you are even in the city of Reading. The surroundings are park like, more serene, and the street is wide, there is always sufficient parking. The home is a solid stone, with great condition vinyl siding. First flr- 1 bdrm, 2nd flr-3 bed. There is original hardwood throughout,original hardwood doors, newer windows, and the building is electric heat. Owner pays water, trash, sewer. Income is $17,760 a year. Expenses are Taxes $1835, insurance $414, common electric, $216, W/S-$1296, Trash, $960=$4721 for NOI of $13,039. Consider this income maker 2 unit in a lovely location. Photos are prior to tenant moving in.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
