409 S 4TH ST, Reading, PA 19602
409 S 4TH ST, Reading, PA 19602
409 S 4TH ST, Reading, PA 19602
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Joseph Asterino

Joseph Asterino

+1(484) 955-6711
Listed by Cole Golden • RE/MAX Of Reading
$450,000
Est. payment /mo
2,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $180

MLS Listing ID PABK2079146

Style Traditional

Abv Grd Liv Area 2,500

Year Built 1900

Annual Tax Amount $2,359

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

This five-unit property offers an investor an opportunity to acquire an established income-producing property with a diverse mix of occupants. The property includes two efficiency apartments, one one-bedroom apartment, one two-bedroom apartment, and a two-story garage. The garage is leased to a roofing business, providing an established commercial component and additional rental income. The property also benefits from established tenancy. One of the residential units is occupied by BCC, which has a long-term client residing in the home. One efficiency apartment is currently vacant. Several significant capital improvements have already been completed, including a new hot water heater, a high-efficiency heating system installed approximately two years ago, and a rubber roof installed approximately four years ago. The garage roof has also been updated. The owner currently pays all utilities. With a mix of residential units, an established commercial tenant, recent major improvements, and one currently vacant unit, this property provides an investor with existing rental income along with an opportunity to increase occupancy and maximize the property's income potential.

Location

State PA

County Berks

Area Reading City (10201)

Zoning R-3 RESIDENTIAL

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 2500

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District Reading

Others

Tax ID 01-5306-34-77-3887

Ownership Fee Simple

SqFt Source 2500

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Joseph Asterino

Joseph Asterino

+1(484) 955-6711

Broker Associate License ID: AB066344

Broker Associate License ID: AB066344

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