Welcome to 749 N 9th Street, Reading, PA 19604 - a fully renovated 4-unit investment property located in the heart of Northeast Reading offering strong cash flow and excellent income potential. This turnkey multi-family property has been recently updated throughout with modern finishes including new flooring, fresh paint, updated light fixtures, renovated bathrooms, and upgraded kitchens, providing an attractive living space for tenants while minimizing immediate maintenance concerns for the next owner.The property currently offers an impressive 10% cap rate, making it an ideal opportunity for both seasoned investors and those looking to expand their real estate portfolio with a high-performing asset. Each unit is separately metered with tenants responsible for paying all utilities, helping maximize your net operating income and reduce landlord expenses.Conveniently located near local schools, shopping, restaurants, public transportation, and major routes, this property combines strong rental demand with modern updates and excellent long-term investment potential. Whether you are looking to grow your portfolio or secure a cash-flowing asset in Reading's thriving rental market, 749 N 9th Street is an opportunity you won't want to miss.
| MLS # | PABK2071670 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1900 |
| Days On Site | 153 |
| Listing Provided By | Coldwell Banker Realty | Joe Colon |
| SQ Feet | 4,197 |
|---|---|
| Units | 4 |
| Zoning | RESI |
| Acreage | 0.04 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Window Features | Double Pane Windows |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Utilities | Natural Gas Available |
|---|
| Tax Annual Amount | 3143 |
|---|
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19604 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19604) | |
Price: $449,900 low | high Med: $184,950 sqft: 4,197 low | high Med: 1,434 $ / sqft: $107 low | high Med: $131 On site: 153 low | high Med: 72 | |
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19604 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19604) | |
Price: $449,900 low | high Med: $184,950 sqft: 4,197 low | high Med: 1,434 $ / sqft: $107 low | high Med: $131 On site: 153 low | high Med: 72 | |