1038 Walnut Street Reading, PA 19601

$309,500
0.03
Acres
1,355
SQFT
228
$/SQFT
$309,500
1,355   sf
$228 / sf
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active
1/19
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Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!

  • Neighborhood
  • Type
  • County
    Berks
  • Area
    Reading City
  • Tax Amount
    $1,348
  • Status
    Active
  • Listing #
    PABK2075680
  • Built
    1900
  • Lot Size
    0.03
  • Listed on site
    32 days
  • Listing Agent Id
    121136423792

Listed by:
Light House Realtors, LLC

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Gas Utilities

Exterior features

  • No Pool
  • Basement

Interior Features

  • Heat Electric

Property History

DateDays AgoEventNew Price
Aug 20, 20264 days agoPrice decreased400 (0%)$309,500
Jul 23, 20261 mo agoNew on market$309,900
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