This Multifamily Property is no longer advertised on LoopNet.com.

528 Franklin
Reading, PA 19602
Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 2,938 SF
No. Stories 3
Year Built 1900

About 528 FRANKLIN , READING, PA 19602

A little bit about reading:Reading is the city that originated the outlet shopping mall ,while 89% of it's population(97000 total)is hispanic and white, there are 7 college in reading( include Pennsylvania State University-Penn State Berks), full time student over 11000. It is also fairly close to New York City(146 mile)and Philadelphia(50 mile) which is helpful for investors . crime rate drop 50% in years(see city-data.com).Reading is ethnically diverse and full of historic architecture from before World War II giving the area character. This 5 family brick house is full of original gorgeous wood trim and doors,custom build in cabinet and luxury marble entry. new roof, excellence condition heating, electric system. first floor may use for commercial purpose . mostly fully rented with som tenant live in over 10 years.2-3 blocks away from penn st shopping, city hall and berks county court , santander arena and arts center. close to many colleges. new roof.while each apartment rent around $500-$700, the asking price for the house make it a steal deal. tax only $1540 a year.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $600.00 -

Property Taxes

Property Taxes

Parcel Number
04-5306-27-89-2501
Land Assessment
$12,000
Improvements Assessment
$23,900
Total Assessment
$35,900
  • Listing ID: 11695548

  • Date on Market: 2/22/2018

  • Last Updated:

  • Address: 528 Franklin, Reading, PA 19602

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