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Sold for $520,000
  • $520,000

    46-48 N 6th St, Reading, PA 19601

    8beds
    --baths
    --sqft
    Multi Family
    Built in 1893
    -- sqft lot
    $502,300 Zestimate®
    $--/sqft
    $1,344 Estimated rent

    Home value

    $502,300

    $457,000 - $558,000

    $1,344/mo

    Zestimate® history
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    $1,344/mo

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    $1,344/mo

    Rent Zestimate®

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    $3,400/mo

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    $3,400/mo

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    What's special

    Presenting an exceptional investment opportunity at 46-48 N 6th Street in Reading, PA. This well-maintained commercial property boasts a total of 6 income-producing units, making it an attractive choice for savvy investors. The property is composed of two tax IDs on one deed, ensuring a streamlined ownership experience. Residential Units: 2 One-Bedroom Apartments 2 Two-Bedroom Apartments Each residential unit offers comfortable living spaces with tenants responsible for their own gas heat and electric, ensuring lower operating costs for the owner. Commercial Spaces: Pizza Shop with Dining Room (First Floor): This established pizza shop comes with a spacious dining area. Versatile Basement Space: The basement features a versatile commercial space ideal for an office, barber shop, beauty salon, or similar business, offering endless possibilities for additional income. Investment Highlights: Prime Location: Situated in a bustling area of Reading, this property benefits from high foot traffic and visibility, making it an ideal location for commercial tenants. Diverse Income Streams: With both residential and commercial units, this property provides a balanced portfolio of income sources. Tenant-Paid Utilities: Tenants cover their own gas heat and electric, minimizing expenses for the property owner. Strong Rental Demand: The mix of residential and commercial units ensures a steady demand, contributing to consistent rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Javier 917-981-0012,

    RE/MAX Of Reading,

    Co-Listing Agent: Israel Gonzalez 610-914-6203,

    RE/MAX Of Reading

    Bought with:

    NON MEMBER, 0225194075

    Non Subscribing Office

    Source: Bright MLS,MLS#: PABK2045242MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Other, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 871 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 07530783803746 & 07530783803744
    • Zoning: MIXED USE
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1893

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Reading
    • Municipality: READING CITY

    HOA & financial

    Other financial information
    • Total actual rent: 82140

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/4/2024Sold$520,000-5.4%
    Source: Bright MLS #PABK2045242 Report a problem
    8/7/2024Pending sale$549,900
    Source: Bright MLS #PABK2045242 Report a problem
    8/7/2024Listing removed--
    Source: Bright MLS #PABK2045242 Report a problem
    7/1/2024Listed for sale$549,900
    Source: Bright MLS #PABK2045242 Report a problem
    3/19/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/6/2024Listed for rent$900
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19601

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Reading

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $502,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $502,300