Reading, PA 19601,46- 48 N 6TH ST
See all 73 photos
Reading, PA 19601,46- 48 N 6TH ST
Reading, PA 19601,46- 48 N 6TH ST
Reading, PA 19601,46- 48 N 6TH ST
Reading, PA 19601,46- 48 N 6TH ST

$520,000

Est. payment /mo

$549,900

5.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

46- 48 N 6TH ST Reading, PA 19601

7,564 SqFt

SOLD DATE : 10/04/2024

Key Details

Sold Price $520,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,564 sqft

Price per Sqft $68

MLS Listing ID PABK2045246

Sold Date 10/04/24

Originating Board BRIGHT

Year Built 1893

Annual Tax Amount $2,700

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 0.00 x 0.00

Property Description

46-48 N 6th Street, Reading, PA

Presenting an exceptional investment opportunity at 46-48 N 6th Street in Reading, PA. This well-maintained commercial property boasts a total of 6 income-producing units, making it an attractive choice for savvy investors. The property is composed of two tax IDs on one deed, ensuring a streamlined ownership experience.

Residential Units:

2 One-Bedroom Apartments
2 Two-Bedroom Apartments

Each residential unit offers comfortable living spaces with tenants responsible for their own gas heat and electric, ensuring lower operating costs for the owner.

Commercial Spaces:

Pizza Shop with Dining Room (First Floor): This established pizza shop comes with a spacious dining area.
Versatile Basement Space: The basement features a versatile commercial space ideal for an office, barber shop, beauty salon, or similar business, offering endless possibilities for additional income.

Investment Highlights:

Prime Location: Situated in a bustling area of Reading, this property benefits from high foot traffic and visibility, making it an ideal location for commercial tenants.
Diverse Income Streams: With both residential and commercial units, this property provides a balanced portfolio of income sources.
Tenant-Paid Utilities: Tenants cover their own gas heat and electric, minimizing expenses for the property owner.
Strong Rental Demand: The mix of residential and commercial units ensures a steady demand, contributing to consistent rental income.

Location

State PA

County Berks

Area Reading City (10201)

Zoning MIXED USE

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Other

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Reading

Others

Tax ID 07-5307-83-80-3746 & 07-5307-83-80-3744

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Jennifer Javier • RE/MAX Of Reading
Bought with NON MEMBER • Non Subscribing Office

First Heritage Realty Alliance

+1(267) 525-7900

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.