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521 S 16Th Street Reading, PA $ 135,000
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$ 135,000 Get more info
521 S 16Th Street
$ 135,000
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521 S 16Th Street

Reading, PA, 19606
$ 135,000
Baths0.0 Sq 999

Monthly Estimate*

$ 897

521 S 16Th Street, Reading, PA 19606 - Image 1
521 S 16Th Street, Reading, PA 19606 - Image 2
521 S 16Th Street, Reading, PA 19606 - Image 3
521 S 16Th Street, Reading, PA 19606 - Image 4
521 S 16Th Street, Reading, PA 19606 - Image 5
521 S 16Th Street, Reading, PA 19606 - Image 6
521 S 16Th Street, Reading, PA 19606 - Image 7
Studio

Commercial Property for sale in Reading, PA

for $135,000. This 999 square foot building was built in 1967 on a lot size of 0.1.

Southeast garage/storage facility. This site has 10 garages, currently 1 is leased as a doble so showing 9 rentals. The property is 100% occupied and offers 6 9 x 17 units and 4 others that are slightly larger. This is possible parking in front of the rear garages. All units have roll up doors. This income is better than a residential rental and with less headache. There are other sites available.

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Commercial Active

Price

$ 135,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 909

Style

Parking Garage,Storage

Lot Size

0.1

Year Built

1967

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2042792
Features
Interior
Heating Fuel None
Hot Water None
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer Other
Heating None
Cooling None
Possession Immediate
Zoning R-3
Construction Materials Frame
Year Built 1967
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Gross Income 13250.00
Business Type Parking Garage Storage Other
Accessibility None
County BERKS
Insurance Expense 724.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Off Cotton
City READING
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Reading City (10201)
Lot Size Square Feet 4356.00
Waterfront Y/N N
Street Name 16TH
Tax Annual Amount 909.0
Electric Expense 442.00
Price Per Sq Ft Total 135.14
Vacation Rental Y/N N
Days on Market 18
Standard Status Active
Year Built Source Estimated
Tax Lot 9537
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source None
Type of Parking None
Water View Y/N N
Building Area Total 999.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 9800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 521
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* Excluded Features
List By
Re/Max Of Reading

Broker

tslabik@goberkscounty.com

Email

Affordability Calculator

$973
Per Month
92%
8%
0%
Monthly Principal & Interest
$897
Monthly Property Taxes
$76
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/2/2024$135,000 Listed Price

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521 S 16Th Street, Reading, PA, 19606 is a Commercial Property for sale at $135,000 with 999 sqft and a lot size of 0.1. 521 S 16Th Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 19606 which is in Reading, PA

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