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Amo Realty
135 S 6th St, Reading, PA 19602
- $575,000
- 4,500
- SqFt
- Sold Price
- $575,000
- List Price
- $599,900
- Status
- CLOSED
- Days on Market
- 31
- Closing Date
- Jan 23, 2026
- MLS#
- PABK2063510
- Subtype
- Multi-Family
- Style
- Traditional
- Year Built
- 1900
- Living Area
- 4,500
- Lot Size
- 3,049
- Acres
- 0.07
- MLS Area Major
- Reading City (10201)
Property Description
This investment opportunity is turn key and ready for you. A 5-unit ready to go that has only one vacancy currently. This property has been completely rehabbed with new kitchens and bathrooms, windows, paint, flooring, security door and cameras, updated electric with separate meters, and one roof has a brand new rubber roof on it. Best of all, each unit the tenants pay for their own heat and air conditioning with new mini split systems. The total rents are $73,500 per year. Expenses are roughly as follows. Insurance $1,900, repairs/maintenance $500, Sewer & Water $4,800, licenses and permits $250, electric $300, and real estate taxes. The cap rate is just under 10%, and the debt coverage ratio is 1.46% with the typical 25% down.
Additional Information
- Exterior Features
- Fire Escape
- Taxes
- $3,349
- Property Description
- Traditional
- Zoning
- COMMERCIAL
- Flooring
- Vinyl
- Appliances
- Oven, Refrigerator
- Heating
- Radiant
- Air Conditioning
- Central Air
- Roof
- Asphalt, Rubber
- School District
- Reading
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Listing courtesy of Manor West Realty. Contact:
Selling Office: Iron Valley Real Estate.