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937 Elm Street

Reading PA 19601

3
1956 sq. ft.
2178 sq. ft.
Duplex
Currently for sale - view listing

Overview

3-unit apartment building plus 2 car garage. Long term ownership, first sale in 17 years, fully occupied, tremendous upside rents are 20-30% below market. Property could also be purchased as a part of a portfolio with 222 N 10 Street, 529 N 10 Street, 1030 Windsor St for a total of 16 units. Current CAP rate 6.9%, proforma CAP rate 8.5%. Portfolio is known as Portfolio #4 and a part of a larger portfolio with multi-family properties of every size, in every neighborhood in the city. Visit us on CREXI.com/multi-family/Reading PA for a complete offering memorandum.

Features

3 bedrooms
1956 sq. ft. floor area
2178 sq. ft. lot size
Duplex

Happy sellers in Reading

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We have insufficient information to provide an overview of customer satisfaction for Reading. Viewing the agent profiles, reviews and sales for Reading can provide insights for this location.

Local market activity for 3 bedroom duplexes in Reading

In the last 12 months, 6 three-bedroom duplexes similar to 937 Elm Street, have been sold.

This represents a 40% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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