1701 N 15th St

Charming Brick Tudor Revival in Desirable College Heights! Step into this Brick Tudor Revival that beautifully blends period craftsman detailing with timeless charm! Nestled in a sought-after College Heights location, enjoy the convenience of being within walking distance to Albright College, public transportation, and shopping. Experience the enchanting vibe of tree-lined streets doted with fine homes in this picturesque neighborhood. This property features three licensed rental units, each with private entrances and character reminiscent of the 1930s. Perfect for an owner-occupant or savvy investor, this home also includes a two-car garage that provides additional rental income. long term tenants all on Month to Month leases. Rental Units Overview: Unit #1 (Ground Floor): Spacious living room, two bedrooms, a dining room area , galley kitchen, and bath. Rent: $900/month (includes electric paid by landlord's meter) . Unit #2 ( middle): foyer from front entrance , large eat-in kitchen, three bedrooms, the one smaller bedroom is used as closet by current tenant and a bath. Rent: $900/month (tenant pays electric). Unit #3 (Third Floor) Generously sized living room, dining area, galley kitchen, one bedroom, and a bathroom. Rent: $900/month. Two-Car Garage: Additional rental income at $1,500/year rented to a neighbor for a very long time Additionally, a coin-operated washer and dryer for tenants generates an extra $300 in income, resulting in Gross Annual Income of $34,200 Key Updates: - Slate roof installed by the previous owner in 2015 - New gas heating system 2023 - New gas hot water heater 2023 -Updated electrical panels Rents are low -lots of potential for added income. All are Month to Month Easy to show with 24 hr. notice - Master Key used to access all units except garage. Sale will be part of Seller's 1031 Exchange

Price Change History for 1701 N 15th St, READING, PA (MLS® #PABK2054948)