Reading, PA 19604,1130 BUTTONWOOD ST

$106,000

$125,000

15.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

1 Bath

1,058 SqFt


SOLD DATE : 08/02/2024

Key Details

Sold Price $106,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,058 sqft

Price per Sqft $100

Subdivision Reading

MLS Listing ID PABK2040950

Sold Date 08/02/24

Style Traditional

Bedrooms 4

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,058

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $941

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 0.00 x 0.00

Property Description

Introducing a lucrative investment opportunity - a portfolio of 3 properties in prime locations. This portfolio offers a diverse range of properties, each with its unique charm and potential for high returns.

The properties included in this portfolio are:

1. 644 Birch St,Reading, PA,19604
2. 1130 Buttonwood St,Reading, PA,19604
3. 1208 Fidelity St, Reading, PA,19604

With a combined net operating income of $43216, this portfolio is a profitable venture. The owner's expenses are limited to real estate taxes and insurance, allowing for maximum profitability. Tenants are responsible for all utilities.

The portfolio boasts an impressive cap rate of 11.5%, demonstrating the strong income potential and value of these properties.

The entire portfolio is being offered at a package price of $375,000. However, the owner is open to selling each property individually. To inquire about the individual pricing for each property, please reach out for further details.

It's important to note that all properties,are currently occupied. This provides immediate cash flow and reduces the need for finding new tenants.

Investing in this 3-property portfolio offers a unique opportunity to diversify your real estate holdings and maximize your investment potential. Don't miss out on this chance to secure a strong and profitable investment. Contact us today to inquire about individual property prices and take the first step towards building your real estate portfolio.

Location

State PA

County Berks

Area Reading City (10201)

Zoning RESI

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Oil

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Senior Community No

Tax ID 09-5317-70-12-4431

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joe Colon • Coldwell Banker Realty
Bought with Jose Manzueta • Iron Valley Real Estate of Berks
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+1(717) 763-1212

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3 Lemoyne Drive, Suite 100, Lemoyne, PA, 17043

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