244 S 5th St

Welcome to this exceptional investment opportunity in the heart of Reading! This versatile three-unit property is perfect for savvy investors looking to expand their portfolio with long term tenants. Located in a vibrant area of Reading, it is close to local amenities, public transportation, and community attractions, making it an attractive choice for tenants. Unit one is a three bedroom, one bath plus bonus access to laundry room and basement unit. Long term tenants on a month to month lease. Unit two is a one bed one bath ready to rent. Unit three is a one bed one bath unit with long term tenants on a month to month lease. The property features: Three Spacious Units: Two units are already occupied with long term tenants, providing a steady income stream. The third unit is vacant and ready to rent offering the chance to increase rental income or customize it to suit your needs. You can enjoy immediate rental income while exploring the potential of the vacant unit and enhancing the additional amenities of first floor rooms and exterior storage shed. Empty Storage Room/ Hall Half Bath: Take advantage of the on-site storage room- possible additional rental income. Buyer to verify with City of Reading if conversion to a storefront is possible. Convenient exterior room that has potential for storage, laundry room, ect. : Tenants in first floor unit have exclusive access to this room currently. Buyer to verify with City of Reading if conversion of room is possible. Ample Storage: A storage shed is available, providing extra space for tenants or owners to store belongings securely as well as a large basement footprint This property not only offers immediate income but also presents the opportunity to maximize its potential through strategic updates and management. Buyer to verify all uses of additional spaces currently unoccupied through the City of Reading to satisfy self. Don't miss out on this chance to own a multi-unit property with promising income potential. Schedule a viewing today and envision the possibilities!

Price Change History for 244 S 5th St, READING, PA (MLS® #PABK2051966)