• 267 N FRONT ST, READING, Pennsylvania, 19601

  • $180,000
Don't miss this great investment opportunity! This large corner lot building has 2 residential units on the upper floor, 4 garages, and a fully equipped and operational laundromat on the first floor. The property has a newer rubber roof and replacement windows throughout. Each unit pays its own electric. The owner is responsible for the taxes, insurance, water/sewer/trash and owners electric meter. The laundromat was started 4 years ago, is up to codes and has 9 washers and 10 dryers. There is space to grow the laundromat with the additional washers and dryers in storage that the owner is willing to leave. The laundromat could be rented out or you can run it yourself. With some dedication, hard work and vision the income from the laundromat can grow exponentially and become a money maker! This is a great opportunity to have your own business and generate passive income at the same time. If you are starting in real estate or expanding your portfolio, or you want to have your own business, this is a great opportunity!!
$180,000
(717) 376 - 3163
267 N FRONT ST
READING
Pennsylvania
19601
BERKS
Multi-Family
2.0
Y
IRR
4
122Years
$1,303
PostedAugust 30, 2017