383 Schuylkill Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Reading PA | Image 1

$479,900

383 Schuylkill Ave, Reading, PA

Name: 383 Schuylkill Ave, For Sale in Reading - eXp Commercial Brokerage
Brand: coldwell banker realty
SKU: PABK2060504
Price: 479900 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 5100 sqft

Garage No

Taxes $4,841

Days Active 0

Lot Size

Approx. Age 1995

Avg. Price Per Sqft $94

MLS® Number PABK2060504

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity: Mixed-Use Corner Building with Commercial & Residential Income Discover an exceptional investment opportunity with this meticulously maintained, four-unit corner building, boasting over 5, 000 square feet of versatile space. Perfectly situated for maximum visibility and accessibility, this property offers a compelling blend of established commercial presence and fully rented residential income, making it an ideal acquisition for savvy investors. The expansive first floor features a prominent commercial storefront, previously operating as a successful daycare facility. This versatile space is ready for a new business venture, offering ample room for retail, office, or service-oriented enterprises. Adding significant value, the commercial unit also includes two dedicated offices conveniently located on the second floor, providing excellent administrative or private workspace solutions. The upper floors are thoughtfully designed to maximize residential appeal and income. The second floor unit (Unit #1) is a spacious living room/dining room combination, a well-appointed kitchen, a full bathroom, and two bedrooms, renting for $1, 100 per month. Ascend to the third floor (Unit #2) with a similar layout to unit 1 with a living room/dining combo, kitchen, 2 bedrooms and 1 full bath, renting for $975.00 per month. Also on the third floor (Unit #3) is this unique unit which is characterized by its open 1-bedroom loft design and an abundance of natural light. This unit offers a contemporary living experience renting for $900.00 per month. All residential units are currently fully rented, providing an immediate and stable income for the new owner from day one. This property represents a rare chance to acquire a turn-key investment with significant upside potential. Don't miss the opportunity to add this income-generating asset to your portfolio. Contact us today to schedule a private showing and explore the full potential of this exceptional property!Show Description

MLS® NumberPABK2060504

Laundry Level

Central VacNo

FireplaceNo

Acreage0.05

Exterior

GarageNo

Approx. Age1995

BasementFull

DrivewayOn Street

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral A/C, Electric

Heating Fuel

Extras

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