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1635 Centre Ave
Reading, PA 19601
Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • High Visibility Location on Centre Avenue
  • Large Parking Lot
  • Good mix of Lease unit types

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.54 AC
Building Size 12,272 SF
No. Stories 2
Year Built 1925
Parking Ratio 2.53/1,000 SF
Zoning R-3 - Residential

AMENITIES

UNIT AMENITIES

  • Heating
  • Refrigerator
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Smoke Free

ABOUT 1635 CENTRE AVE , READING, PA 19601

Great investment opportunity. This property includes 5 retail storefronts, 17 rental rooms, and a large parking lot. One of the retail units is occuped by a laundromat that is owned by the seller. The rental rooms are leased on a weekly basis with many long-term residents. Each room includes a full bathroom, basic furniture, TV, microwave and refrigerator.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-5307-26-69-3316
Land Assessment
$101,900
Improvements Assessment
$401,100
Total Assessment
$503,000
  • Listing ID: 30616398

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: 1635 Centre Ave, Reading, PA 19601

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