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1701 Cotton Street

READING, PA 19606
  • $440,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: PABK2027496
UPDATED: 47 min ago
$440,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

DO YOU LIKE MONEY?? Keep reading!! The owner of this property (the owner of the bar) is looking to sell off the real estate while staying in the property and running the bar. He is willing to lease the bar at $2,000/mo to the new owner. On top of that, he is willing to pick up 1/2 the cost of utilities on the building. In addition to his rent, there are 5 rooms which are rented on the 2nd and 3rd floors. 4 of the rooms rent for $400/mo and one of the rooms rents for $700/mo. There is one main bath on the 2nd floor for the tenants as well as a kitchen on the first floor for their use. In addition to that, there are 7 garages to the rear of the property - 2 rented at $75/mo, and the remainder are going for $100/mo. That's an income of $4,950.00 per month!! Make your appointment to see this great investment today!!!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T23:50:10.357.
www.paulacashion.com/homes/137705374
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1701 Cotton Street READING, PA 19606

  • Price: $440,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 47 min ago
  • ID#: PABK2027496
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1920
Built
Neighborhood:
Reading City (10201)
County:
Berks
Area:
Reading City (10201)
School District:
Reading
Property Description
DO YOU LIKE MONEY?? Keep reading!! The owner of this property (the owner of the bar) is looking to sell off the real estate while staying in the property and running the bar. He is willing to lease the bar at $2,000/mo to the new owner. On top of that, he is willing to pick up 1/2 the cost of utilities on the building. In addition to his rent, there are 5 rooms which are rented on the 2nd and 3rd floors. 4 of the rooms rent for $400/mo and one of the rooms rents for $700/mo. There is one main bath on the 2nd floor for the tenants as well as a kitchen on the first floor for their use. In addition to that, there are 7 garages to the rear of the property - 2 rented at $75/mo, and the remainder are going for $100/mo. That's an income of $4,950.00 per month!! Make your appointment to see this great investment today!!!
Exterior Features

Construction Materials StuccoVinyl Siding Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3376.00 Cooling None Heating Baseboard - Hot Water Heating YN Yes Net Square Feet 99.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Other Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Municipality Reading City Navigable Water YN N New Construction YN No Number Of Units Total 13 Original MLSNumber 802206045204 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2605.00 Tax Assessment Amount 59600.00 Tax Lot 4863 Vacation Rental YN No Water Source Public Zoning Comm

Listing courtesy of A G Binkley Jr Real Estate: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T23:50:10.357.
 
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