942 N 10th St Reading, PA 19604

Stable tenants occupy this professionally managed Reading two unit town house offering a great opportunity for investment and positive cash flow. Both units are 2 bedrooms, and the first floor unit is 1.5 baths. Each unit is currently being rented at $650 a month; off street parking is generating another $25 a month, for a total of $1,350 in stabilized monthly income. Tenants are paying all utilities with exception of water/sewer/trash and a minimal owners' electric meter bill. This home was originally rehabbed in July of 2013, the second floor apartment was refinished in April of 2017. Renovations included 2 brand new gas boilers, new vinyl siding, sanding and refinishing the original hardwood flooring downstairs, laminated hardwood flooring installed in all bedrooms and fresh paint. In August 2014, unit one was freshly painted and new vinyl flooring installed in both bathrooms. Start making positive cash flow immediately on this grouping of 4 properties/5 units in Reading, Pennsylvania. Units are for sale individually or as a package. All units are currently rented and generating over $3,500 a month in rent. All of the utilities are being paid in full at all properties with the exception of 3 units where the owner is paying water/trash/sewer and 1 owners meter electric bill. All the properties have been fully rehabbed within the last three years and many extras have been added during this time frame. All properties are being managed by a professional, local property management company. The properties are being liquidated for 25% less than the appraised value...appraisals can be provided for serious inquiries. For more information, please visit MLS #'s 6971000, 6971003, 6971005, 6971009. Please provide a return email or phone number if you wish to be contacted. Buyer must provide their own financing?no owner financing.