BRIDAL DISTRICT 12-UNIT IN READING
Multifamily | 12 Units
Marketing description
12-unit property in Reading, located right next to the Bridal District. This solidly built building features a rubber roof, boiler heat, and separate electric. The unit mix includes 11 one-bedrooms and 1 studio, with room to increase rents across the board. Three vacancies offer immediate upside potential. The property includes a paved parking lot with 13 spaces, plus additional street parking. A turnkey investment opportunity with strong rental demand and value-add potential.Property Highlights:
Investment highlights
Prime Location: Situated in Reading, right next to the Bridal District.
Income Growth Potential: Room to increase rents and implement a utility bill-back fee.
Surface Lot Parking: 13 dedicated parking spaces, plus street parking.
Tenant-Paid Utilities: Separate electric, reducing owner expenses.
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