197 OLD FRIEDENSBURG RD, Reading, PA 19606
197 OLD FRIEDENSBURG RD, Reading, PA 19606
197 OLD FRIEDENSBURG RD, Reading, PA 19606
197 OLD FRIEDENSBURG RD, Reading, PA 19606
197 OLD FRIEDENSBURG RD, Reading, PA 19606
197 OLD FRIEDENSBURG RD, Reading, PA 19606
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Jamie Berrier

Jamie Berrier

+1(717) 648-5813
Listed by Chris Marrella • Keller Williams Platinum Realty - Wyomissing
$ 279,900
Est. payment | /mo

1,680 SqFt

Save
$ 279,900
Est. payment | /mo
Save

1,680 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $166

MLS Listing ID PABK2072440

Style Traditional

Abv Grd Liv Area 1,680

Year Built 1950

Annual Tax Amount $2,574

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Detached

Source BRIGHT

Property Description

Awesome turn-key investment opportunity in the desirable Exeter School District featuring a fully-leased 2-unit property with immediate cash flow. This property offers two spacious 2-bedroom, 1-bathroom apartments. The newly renovated first floor features a custom tile shower with a stackable washer/dryer, new windows, fresh drywall and paint, plus a generously sized eat-in kitchen and family room currently rented at $1,400/month with the owner paying electric. The second floor unit features an established long-term tenant paying $1,200/month plus utilities, providing excellent income stability. Owner pays sewer for the building, averaging $100-$120/month. Well water is treated with a UV light filtration system. Both tenants are currently month-month. With $31,200 in gross annual income, 100% occupancy, recent first-floor upgrades, and strong rental rates, this turnkey property offers investors an excellent opportunity for consistent returns in a sought-after school district.

Location

State PA

County Berks

Area Exeter Twp (10243)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric, Wall Unit

Cooling Window Unit(s)

Flooring Carpet, Luxury Vinyl Plank

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Other

Above Ground Finished SqFt 1680

Sewer Public Sewer

Water Well, Filter

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Exeter Township

Others

Tax ID 43-5338-03-30-2005

Ownership Fee Simple

SqFt Source 1680

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Jamie Berrier
Jamie Berrier

Realtor, Partner | License ID: RS220358L

+1(717) 648-5813 | jberrier@rsrrealtors.com

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197 OLD FRIEDENSBURG RD