135 S 6th St, Reading, PA 19602
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
135 S 6th St,Reading, PA 19602
$599,900
- 4 Beds
- - Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by:jonathan gordon
Office:manor west realty
MLS#:PABK2063510
Source:BRIGHTMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$133.31
About this home
This investment opportunity is turn key and ready for you. A 5-unit ready to go that has only one vacancy currently. This property has been completely rehabbed with new kitchens and bathrooms, windows, paint, flooring, security door and cameras, updated electric with separate meters, and one roof has a brand new rubber roof on it. Best of all, each unit the tenants pay for their own heat and air conditioning with new mini split systems. The total rents are $73,500 per year. Expenses are roughly as follows. Insurance $1,900, repairs/maintenance $500, Sewer & Water $4,800, licenses and permits $250, electric $300, and real estate taxes. The cap rate is just under 10%, and the debt coverage ratio is 1.46% with the typical 25% down.
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Home facts
- Year built:1900
- Listing ID #:PABK2063510
- Added:3 day(s) ago
- Updated:September 29, 2025 at 09:48 PM
Rooms and interior
- Bedrooms:4
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Radiant
Structure and exterior
- Roof:Asphalt, Rubber
- Year built:1900
- Building area:4,500 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$133.31
- Tax amount:$3,349 (2025)
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