351 N 6TH ST
READING, PA 19601

Sold 6/29/2016
Commercial

Large Corner Property offers great exposure...featuring 4 fully rented apartments and a first floor laundromat (including all equipment). Excellent cash flow and easy to maintain. Laundromat doors are on a timer which opens and closes automatically. Apartment rents total $2000/mo and laundromat income is averaging $2900/month. Expenses average $1200-$1500/month. This is a money maker. Out of town owner has other interests. All equipment included in the sale.. 4 apartments rent easily...you don't have to worry about vacancies! Tenants pay electric, phone and cable. New roof and furnace in 2009. Needs some TLC but priced accordingly and selling as-is. Passed code and permit inspection for 2014. Owner requests that all prospects drive-by and tour laundromat before requesting showings on apartments. 24 hour notice required for apartments. Hours of laundromat: 7am-10pm Owner is a licensed PA realtor.

Property Details
  • Reading
    school district
  • $2,748.00
    taxes
  • 1905
    built
  • 6675585
    MLS#
Vinyl flooring
School district: Reading
On street parking
Metal exterior
Lot acreage is: 0.05
Level lot
Subdivision: NONE AVAILABLE
Lot zoned: R008
Public sewer
Public water
Units in building(s): 5
Property style: 1
Tax year: 2016
Courtesy of:
BHHS Fox & Roach-Kennett Square

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Address Distance Sale date Sale price
351 N 6TH ST 0 mi. 6/29/2016 $125,000
338 N 6TH ST 0.04 mi. 12/22/2017 $170,000
532 WALNUT ST 0.23 mi. 9/22/2016 $105,000
146 N 6TH ST 0.23 mi. 12/15/2017 $110,000
229 N 4TH ST 0.26 mi. 11/10/2016 $130,000
737-739 WASHINGTON ST 0.35 mi. 4/28/2017 $140,000
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351 N 6TH ST, READING, PA 19601 commercial was sold for $125,000.
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Data last updated: 5/21/2018.