548 S 7th Street
Reading, PA 19602
This property offers a solid foundation for generating rental income. It generates rental income from 4 apartments and 7 individually rented rooms. Three of the apartments are one-bedrooms and the other is a 2-bedroom. Projected annual revenue at 100% occupancy $78,060. The average condition of the property presents a canvas for value-add renovations, allowing savvy investors to enhance its appeal and increase rental rates. The unfinished basement provides additional potential for storage or future development, while the single off-street parking option provides added convenience for tenants. Located in a vibrant neighborhood, this property benefits from proximity to local amenities and transportation options, making it attractive to a wide range of potential tenants. Investors will appreciate the potential for cash flow, as the property can be rented out to multiple tenants, diversifying income streams. Don't miss out on the chance to capitalize on this promising investment in Reading!
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Keller Williams Platinum Realty - Wyomissing
Agency Phone: 6108981441
Shown By
Agent Name: Jill Lewis
Agent Phone: (570) 814-4747
Agency Title: Lewith & Freeman
AGENT INFORMATION
Lewith & Freeman Jill Lewis (570) 814-4747
Estimate Your Payment
Estimated Payment
$ 3,765.79 per month $3,416.15 Principal & Interest $174.67 Property Tax $174.97 Homeowner's InsuranceChange Payment Information
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548 S 7th Street | MLS# PABK2077392
This multi-family property located at 548 S 7th Street, Reading, PA 19602 is currently listed for sale with an asking price of $599,900. S 7th Street is located within the READING school district. Search Reading real estate on jillannlewis.lewith-freeman.com today.