800 N 5th St, READING

$400,000

0 Bed
0 Bath
3,750 Sqft
.16 Acre
0 Garage

Fabulous investment opportunity! This fully rented, meticulously restored 5-unit apartment building gives an instant return! The property features:
• A large 2-car tandem side entry garage with a 1-car driveway, which can be rented out for extra income
• The covered front porch leads to a foyer with mailboxes. From there, you’ll find the main lobby with a large sitting area, 2 utility closets, and a half bathroom. The foyer and lobby have been renovated and re-painted. New carpet and new light fixtures have been recently installed.
• In the basement (with plenty of storage space), 2 sets of coin-operated washers and dryers add $65/week of income.
• The garage roof and eaves were restored in 2017
• The exterior brick and trim were also restored in 2017
• New electric meters were installed in 2018
• A new roof was added in 2019

Now, to the apartments!
First floor:
• Apartment (1) Private side entrance, 2-bedroom, 1-bath with its own separate high-efficiency HVAC system including central air.
• Apartment (5) Private corner entrance to a modern studio.
Second floor:
• Apartment (2) Updated 1 bedroom, 1 bath
• Apartment (4) - bedroom, 1-bath (with new flooring and commode).
Third Floor:
• Apartment (3) 3-bedroom, 1-bath

Properties like this don’t come along often! Call today for a private showing!

Essential Information
MLS® #PABK377582
Price$400,000
Square Footage3,750
Acres0.16
Year Built1915
TypeCommercial Sale
StatusActive
Community Information
Address800 N 5th St
CityREADING
StatePennsylvania
Zip Code19601
School Information
DistrictREADING
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