17-19 S 3rd St, Reading, PA 19602

THIS IS A PACKAGE DEAL PRICED AT $3,225,000 AND INCLUDES 831 NORTH 10TH STREET, 17 & 19 SOUTH 3RD STREET, AND 1259 NORTH 10TH STREET Presenting the opportunity to acquire the fee simple interest in the Downtown Reading Portfolio. The Portfolio consists of three well-located assets totaling 31 residential units and one commercial space in the heart of Reading, Pennsylvania. Situated within minutes of one another, the properties provide operational efficiency, stable cash flow, and clear upside through rent growth and light renovations. The Downtown Reading Portfolio serves a deep and diverse tenant base within a submarket that continues to see steady occupancy levels of 95% or above and limited new supply, creating high barriers to entry. • Located just off Penn Street, 17 and 19 South 3rd Street consist of two adjacent three-story brick buildings totaling 10 apartment units. Built around 1900 and well-maintained over the years, both properties feature stone and mortar foundations,...