1039 WALNUT ST new to site Save Request In-Person Tour Request Virtual Tour
Reading,PA 19601
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,010 sqft
Price per Sqft $116
MLS Listing ID PABK2053710
Style Traditional
Abv Grd Liv Area 2,010
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,532
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Sub-Type End of Row/Townhouse
Property Description
One of the most important things to consider when buying an investment is what bills you (the owner) are going to get stuck with having to pay. The tenants here each pay for their own heat which is affordable natural gas, their own hot water - gas again, and their own electric. What the tenants won't be stuck with is
paying an electric bill that includes electric baseboard heat - which is very costly to them! They very much appreciate having gas heat - more affordable and more reliable! That leaves you, the owner, with having to pay just the water/sewer/trash bill which in 2024 came to $2,001 FOR THE YEAR! Extremely reasonable!!
Both these units have been upgraded, both have 2 private bedrooms and both are quite spacious!! 1st floor rents for $845 and the 2nd floor rents for $975. On top of that there are 2 parking spaces behind the building which are rented out at $75 per space. This has everything a savvy investor looks for in a property - schedule your showing today!!
Location
State PA
County Berks
Area Reading City (10201)
Zoning RES
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Reading
Others
Tax ID 09-5317-69-01-9452
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard