Duplex - READING, PA
This 2 unit apartment has separate gas and electric meters and separate entrances. The first unit has a large living room and dining room and a large eat-in kitchen. Upstairs there are 2 bedrooms and one full bath. Presently this unit is vacant but had rented at $800 per month. The second unit is rented by a long-term tenant for $575 per month and has one bedroom, living room, full bath, and kitchen. The access to the 2nd unit is by the fire escape at the rear of the property. This is a good sized corner property with oil heat and plenty of parking available. In order to view the 2nd unit your appointment would have to be after 5pm weekdays or most anytime on weekends. This property brings positive cash flow, when fully rented, in the amount of approximately $8,521 or at a 10% CAP Rate an $84,310 value.
For more information regarding this multi family, please give us a call at View Phone Number (610) 670-2770 .
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