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Deepak Kumar

deepak@realestatebydk.com +1(908) 517-1100

Listed by Stephen M Kennedy • KW Empower

$ 50,000

Est. payment -/mo

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330-R LOCUST ST Reading, PA 19604

517 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 517 sqft

Price per Sqft $96

Subdivision Northeast Reading

MLS Listing ID PABK2057454

Year Built 1930

Annual Tax Amount $289

Tax Year 2022

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Other

Source BRIGHT

Property Description

Calling all private parking, storage seekers and or investors! A well maintained 16X32 or 3-4 car residential garage is now available. Garage features solid bones, electric garage door opener and separate electrical meter. In addition, could rent for as much as $575 a month which would result in a 11% cap rate and 11%+ cash on cash return assuming cash purchase but hurry before it's too late! Currently rented for $550 and on a month to month lease.

Location

State PA

County Berks

Area Reading City (10201)

Zoning RES

Interior

Hot Water None

Heating None

Cooling None

Flooring Concrete

Inclusions Negotiable.

Heat Source None

Exterior

Utilities Available Electric Available

Water Access N

Roof Type Rubber

Accessibility Other

Garage N

Building

Sewer No Sewer System

Water None

New Construction N

Schools

School District Reading

Others

Tax ID 09-5317-70-12-2176

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Private, Conventional

Listing Terms Cash, Private, Conventional

Financing Cash,Private,Conventional

Special Listing Condition Standard

Deepak Kumar

+1(908) 517-1100

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