135 S 6th St Reading, PA 19602
Estimated payment $3,460/month
Highlights
- Traditional Architecture
- Central Air
- Radiant Heating System
About This Home
This investment opportunity is turn key and ready for you. A 5-unit ready to go that has only one vacancy currently. This property has been completely rehabbed with new kitchens and bathrooms, windows, paint, flooring, security door and cameras, updated electric with separate meters, and one roof has a brand new rubber roof on it. Best of all, each unit the tenants pay for their own heat and air conditioning with new mini split systems. The total rents are $73,500 per year. Expenses are roughly as follows. Insurance $1,900, repairs/maintenance $500, Sewer & Water $4,800, licenses and permits $250, electric $300, and real estate taxes. The cap rate is just under 10%, and the debt coverage ratio is 1.46% with the typical 25% down.
Listing Agent
(717) 333-3614 jongordon.broker@gmail.com Manor West Realty Listed on: 09/26/2025
Co-Listing Agent
(717) 799-5029 valeriegarcia.realtor@gmail.com Manor West Realty License #5016344
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,349
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Traditional Architecture
Utilities
- Central Air
- Radiant Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Coming Soon on 9/27/25
- Tax Lot 4292
- Assessor Parcel Number 04-5306-27-89-4292
Community Details
Overview
- 4 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $1,900
- Maintenance Expense $500
- Other Expense $400
- Operating Expense $11,749
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,017 | $74,300 | $13,000 | $61,300 |
| 2024 | $3,299 | $74,300 | $13,000 | $61,300 |
| 2023 | $3,248 | $74,300 | $13,000 | $61,300 |
| 2022 | $3,248 | $74,300 | $13,000 | $61,300 |
| 2021 | $3,248 | $74,300 | $13,000 | $61,300 |
| 2020 | $3,215 | $74,300 | $13,000 | $61,300 |
| 2019 | $3,215 | $74,300 | $13,000 | $61,300 |
| 2018 | $3,215 | $74,300 | $13,000 | $61,300 |
| 2017 | $3,194 | $74,300 | $13,000 | $61,300 |
| 2016 | $1,825 | $74,300 | $13,000 | $61,300 |
| 2015 | $1,825 | $74,300 | $13,000 | $61,300 |
| 2014 | $1,679 | $74,300 | $13,000 | $61,300 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $138,000 | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $100,100 | -- | |
| Interfamily Deed Transfer | $30,000 | -- | |
| Deed | $40,000 | -- |
Source: Bright MLS
MLS Number: PABK2063510
APN: 04-5306-27-89-4292
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