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About the Listing C21GLDEX - 3142641
Add this Turnkey 6-unit investment property to your portfolio! This is the one you have been waiting for with scheduled gross rents of $79,440 for 2025! Quiet suburban location for your tenants, limits your vacancy rate. Built as a multi-family building you have a practical floor plan you and your tenants will appreciate. Four units on main and upper levels mirror each other. Two lower-level units one on each end of the building. Four units are each two bedrooms and one full bathroom along with kitchen, dining room, and living room. The two lower-level units are studios. Basement offers storage lockers for each unit and coin operated laundry for additional income. Tenants pay most of the utilities. Four units are individual gas heat and hot water which tenants pay for. Seven electric meters so tenants pay for their own electricity. Two lower-level unit expenses are shared between owner and tenant. Income and expense breakdowns are provided in documents which include leases, expenses, and 6-unit license from township. After expenses, assuming 5% of the gross rents for maintenance and 5% for vacancy, building net operating income is over $52K a year with room to grow your gross rents. Don’t miss out on this incredible opportunity!
Listing Highlights for 328 High St
Status
Pending
Days on Site
21
Property Type
Multi-Family
MLS ®
PABK2061722
Year Built
1920
Total Square Footage
5,297
Lot/Acreage
0.14
Interior Details
- Bedrooms: 10
- Bathrooms: Full
- Appliances: Dryer, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer
- Air Cond: Ceiling Fan(s),Window Unit(s)
- Heating: Baseboard - Hot Water,Hot Water,Hot Water & Baseboard - Electric,Radiator
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Hardwood,Stone,Vinyl
- Above Ground Sq Ft: 3531
- Below Ground Sq Ft: 1766
- Basement: Connecting Stairway,Drain,Outside Entrance,Poured Concrete,Rear Entrance,Shelving,Unfinished
- Other: Attic,Bathroom - Stall Shower,Bathroom - Tub Shower,Built-Ins,Carpet,Ceiling Fan(s),Dining Area,Floor Plan - Traditional,Kitchen - Eat-In,Kitchen - Galley,Window Treatments,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Cleared,Corner,Front Yard,Level,Rear Yard,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-4
- Roof: Rubber
- Others: Awning(s),Exterior Lighting,Fire Escape,Sidewalks,Street Lights,Very Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,390
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
328 High St Reading, PA 19606
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