38 N 6th St, Reading, PA 19601

$425,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$425,000
Status
ACTIVE
Days on Market
3
MLS#
PABK2079946
Subtype
Commercial Sale
Year Built
1910
Lot Size
2,613
Acres
0.06
MLS Area Major
Reading City (10201)

Property Description

Discover an excellent investment opportunity in the heart of downtown Reading! Located directly across from the Berks County Courthouse, 38 North Sixth Street offers three floors of professional office space in a desirable location. The building features beautiful woodwork throughout, attractive carpeting, and a traditional professional atmosphere. Currently occupied by established law firms with long-term tenants, this income-producing property generates approximately $41,000 in annual gross income and $25,000 in annual net income. There is also additional vacant office space available, providing an excellent opportunity to attract new tenants and increase rental income. With the potential for future rental increases, investors have multiple opportunities to improve the property’s overall return. Its convenient downtown location, proximity to the courthouse, and established professional setting make this property particularly appealing for legal and other professional office uses. Whether you’re looking to expand your commercial real estate portfolio or acquire an investment with existing income and room for growth, 38 North Sixth Street offers an exciting opportunity in downtown Reading!

Additional Information

Taxes
$2,559
Zoning
COMMERCIAL CORE
Heating
Electric Baseboard
Air Conditioning
Other, Zoned
Foundation
Concrete Perimeter, Stone
School District
Reading

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: