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Key Details
Sold Price $285,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $117
MLS Listing ID PABK2038298
Sold Date 02/23/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,317
Tax Year 2022
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 0.00 x 0.00
Property Description
Rare investment opportunity within the City of Reading. A mix of parking and storage garages. There is electronic gated fenced parking for a total of 22 cars. There are also 9 larger garage units along locust street. The garages have a new rubber roof on them and are various sizes. This is a very high occupancy location with parking and storage at a premium in the area. This is currently 100% occupied. These are mostly long term tenants. This would be a good addition to diversify any rental portfolio.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 22.0
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 22
Garage N
Building
Sewer No Sewer System
Water None
New Construction N
Schools
School District Reading
Others
Tax ID 12-5317-46-15-4058
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Joe Colon • Coldwell Banker Realty