$599,900

135 S 6TH ST, Reading, PA 19602

  • 4,500 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

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.

Listing Status:
Active
Date Added:
September 27, 2025 at 05:00AM
Listing Office:
Manor West Realty : 7172908182
Listing Agent:
Jonathan Gordon : 7173333614
MLS ID:
PABK2063510
  • Appliances: Oven - SingleRefrigerator
  • Basement: Side entrance
  • Flooring: Luxury vinyl plank
  • A/C: Central A/C
  • Heating: RadiantElectric
  • Disability Feature: None
  • General: Fire EscapeAbove GradeBelow Grade
  • Style: Traditional
  • Other Structures: Porch
  • Roofing: AsphaltRubber
  • General: Other
  • Originating MLS: BRIGHT_MAIN
  • School District: READING
  • County: BERKS-PA
  • Zoning: COMMERCIAL04-5306-27-89-4292
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jonathan Gordon, Manor West Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tyson-Schoener Elementary School

315 S 5th St, Reading, PA, 19602

Grades PK-4

0.21 miles away

S

Southwest Middle School

300 Chestnut St, Reading, PA, 19602

Grades 5-8

0.31 miles away

R

Reading Senior High School

801 N 13th St, Reading, PA, 19604

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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