Listed by Plum Tree Realty
$349,900
3636 Reading Road Apartment
Details
APN 108-0004-0010-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,752
Units 4
Cap Rate 7.60%
NOI $27,784
Occupancy 75%
Pro-Forma Cap Rate 12.11%
Pro-Forma NOI $42,384
Price per SqFt $93
Class C
Year Built 1900
Year Renovated 2023
Buildings 1
Stories 3
Acreage 0.190
Zoning Multi Family
Investment Type Stabilized
Ground Lease No
Ownership Consumer
Fantastic opportunity to own this four unit apartment in the heart of Avondale.
Marketing description
Stabilized four family in the heart of Avondale! New windows, new electric, new plumbing, new flooring, new kitchens/bathrooms (2020), and new sewer line (2023) Next to recreation center and on bus line! Unit mix: Two 1bdrm's, One 2bdrm, & One 3bdrm. One vacancy (3-Bdrm $1,300). Current monthly gross is $2,970
Investment highlights
Great Four Unit Investment!
On Bus Line!
Next To Neighborhood Recreation Center!
Renovations Completed!
Listing Contacts
Listed by Plum Tree Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,784.00
$2,315.33/mo
Valuation Metrics
0
DSCR
7.94%
Cap Rate
7.94%
ROI
Map
Zoning
OL-T CommercialOfficeOffice Limited Transportation Corridor
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 65 uses
View all 65 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
