925 Spruce Street, Reading, PA 19602 | MLS PABK2053580 | Listing Information | Nestfully
Courtesy: Jose Vazquez - Iron Valley Real Estate of Berks; Phone: 484-450-8771
SOLD
$111,000
Sold Date 03/11/2025

925 Spruce Street
Reading, PA 19602

4
Beds
1
bath
1,314
Sq. Ft.
0.03
Acres Lot
Townhouse
21 days on Nestfully 42 views
Turnkey Cash-Flowing Investment in Growing Reading City Seize this incredible investment opportunity in the rapidly developing Reading City. This tenant-occupied, income-generating property offers immediate cash flow with a reliable tenant who pays on time, every time and takes excellent care of the home even handling minor repairs themselves. Situated in a prime location near schools, grocery stores, and public transportation, this 4-bedroom, 1-bathroom home boasts ample square footage and strong rental demand. Market rent potential is estimated at $1,750/month, including Section 8 eligibility. This property is being sold with a tenant in place, subject to the terms of their lease. With recent comparable sales (ARVs) in the area ranging from approximately $165K-$185K, acquiring this property at just $125K presents significant equity upside. Additionally, the tenants have expressed interest in a rent-to-own arrangement, subject to negotiation with the buyer. Don't miss out on this turnkey investment schedule your showing today!
PABK2053580
Townhouse
4
Traditional, 3+ Story
1 Full
1900
BERKS
0.03 Acres
Public Water
3
Brick
Public Sewer
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Courtesy: Jose Vazquez - Iron Valley Real Estate of Berks; Phone: 484-450-8771
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