Reading, PA 19604,1611 N 11TH ST
Reading, PA 19604,1611 N 11TH ST
Reading, PA 19604,1611 N 11TH ST
$205,000
Est. payment /mo
$219,900
6.8%
Est.Price: ?

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1,448 SqFt
SOLD DATE : 02/12/2024

Key Details

Sold Price $205,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,448 sqft

Price per Sqft $141

MLS Listing ID PABK2036730

Sold Date 02/12/24

Style Side-by-Side

Abv Grd Liv Area 1,448

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $3,410

Tax Year 2022

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 0.00 x 0.00

Property Description

Welcome to this well-maintained tenant-occupied semi-detached 2 unit located in the heart of Northeast Reading. This property represents an excellent investment opportunity for those looking to own a rental property with reliable tenants already in place.
Property Information: This semi-detached home features 2 units. Unit 1 (1st floor) is a 1 bedroom and 1 bathroom apartment. Unit 2 (2nd & 3rd floor) is a 2 bedroom and 1 bathroom apartment. It is currently occupied by reliable tenants with leases in place, providing an immediate income stream for the new owner.
Tenant Information: Unit 1 tenant has a 1-year lease in place and pays $950/month Unit 2 has a 1-year lease in place and pays $1125/month. Both units pay their own utilities and have excellent rental payment history offering stability and income to the new owner. Owner is responsible for approximately $140/mon water/sewer/trash bill.
Location: This property is conveniently located near Albright College, Northeast Reading public schools, the Rockland shopping center, and public transportation, making it an attractive rental option for tenants.
Parking: A detached garage in the rear is offered to Unit 2 at an additional $125/month. Unit 1 is offered 1 off street parking space in the rear.
Investment Opportunity: This tenant-occupied semi-detached home presents an excellent opportunity for investors seeking immediate rental income. With a dependable tenant in place, you can start earning rental income from day one.
Additional Information: Signature Property Professionals is currently serving as property management and would love to continue property management services with the new owner.
This tenant-occupied semi-detached 2 unit is an attractive investment property with established tenants, providing a turnkey opportunity for investors. Don't miss this chance to own a well-maintained rental property with income potential. For more information and to schedule a viewing, please contact us today!

1611 N 11th St can also be purchased as part of a package/portfolio.
Total of 5 properties included-- to be sold at a discounted price if purchased as a complete package :
1611 N. 11th St, Reading City, 2 unit
837 Possum Ln, Exeter Twp, single family
2244 Reading Ave, Spring Twp, single family
2517 Eisenhower Ct, Spring Twp, single family
510 Shalter Ave, Muhlenberg Twp, single family

Location

State PA

County Berks

Area Reading City (10201)

Zoning 133 RES: 2-4 FAM

Interior

Hot Water Electric

Heating Baseboard - Electric, Wall Unit

Cooling None

Fireplace N

Heat Source Electric

Exterior

Garage Garage - Rear Entry

Garage Spaces 3.0

Waterfront N

Water Access N

Accessibility None

Parking Type Detached Garage, Off Street

Total Parking Spaces 3

Garage Y

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Reading

Others

Tax ID 17-5317-21-19-1195

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Josh Morales • Simple Realty
Bought with Jose Espinal Gil • Coldwell Banker Realty

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