135 S 6th Street, Reading, PA 19602
- Beds
- 4
- Sqft
- 4,500
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
This investment opportunity is turn key and ready for you. A 5-unit ready to go that has only one vacancy currently. This property has been completely rehabbed with new kitchens and bathrooms, windows, paint, flooring, security door and cameras, updated electric with separate meters, and one roof has a brand new rubber roof on it. Best of all, each unit the tenants pay for their own heat and air conditioning with new mini split systems. The total rents are $73,500 per year. Expenses are roughly as follows. Insurance $1,900, repairs/maintenance $500, Sewer & Water $4,800, licenses and permits $250, electric $300, and real estate taxes. The cap rate is just under 10%, and the debt coverage ratio is 1.46% with the typical 25% down.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 4
- Square feet
- 4,500
- Lot size (acres)
- 0.07
- Year built
- 1900
Interior features
- Basement
- Yes
Utilities
- Heating
- Electric, Radiant
- Cooling
- Central air, Electric
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $1,900
Taxes
- Tax Annual Amount (2025)
- $3,349
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: PABK2063510 Last checked: …
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