108 6Th StReading, PA 19602

For Sale
$3,110,000

24 Units, 40 Parking Spaces, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use investment opportunity in Reading, Pennsylvania, presents a portfolio of five buildings encompassing 24 turnkey residential units and a convenience store. The property boasts a total of 40 parking spaces, ensuring ample convenience for residents and customers. With a combined square footage ranging from 2,613 to 7,840, the buildings are currently operating at 100% occupancy, generating immediate and substantial cash flow. The portfolio is strategically located across multiple addresses in Berks County, including 108 S 6th St (19602), 405 Walnut St (19601), 115 S 6th St (19602), 114 S 6th St (19602), 39 S 9th St (19602), and 43 S 9th St (19602). This presents a rare chance to acquire a well-established, high-performing asset with significant upside potential. The asking price for this multifamily and retail property is $3,110,000. The diverse income streams from both residential and retail operations provide a robust and stable investment. This turnkey portfolio requires minimal management, making it an ideal investment for both seasoned and new investors seeking a strong return on investment in a thriving Pennsylvania market. The property's prime location in Reading offers easy access to major transportation routes and local amenities. This is a truly exceptional opportunity to acquire a high-performing, multi-faceted property with immediate cash flow and significant long-term growth potential.

Property Details for 108 6Th St

Property type
Other retail properties, Individual retail properties
Square Feet
2,613 SF
Buildings
5
Units
24

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.3332944
Longitude
-75.9262371
108 6Th St, Reading, Pennsylvania

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108 6Th St
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