38 N 6th St, Reading, PA 19601

$425,000

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List Price
$425,000
Days on Market
3
Status
ACTIVE
MLS#
PABK2079946
Lot Size (Acres)
0.06
Year Built
1910
County
Berks
School District
Reading

Property Description

Discover an excellent investment opportunity in the heart of downtown Reading! Located directly across from the Berks County Courthouse, 38 North Sixth Street offers three floors of professional office space in a desirable location. The building features beautiful woodwork throughout, attractive carpeting, and a traditional professional atmosphere. Currently occupied by established law firms with long-term tenants, this income-producing property generates approximately $41,000 in annual gross income and $25,000 in annual net income. There is also additional vacant office space available, providing an excellent opportunity to attract new tenants and increase rental income. With the potential for future rental increases, investors have multiple opportunities to improve the property’s overall return. Its convenient downtown location, proximity to the courthouse, and established professional setting make this property particularly appealing for legal and other professional office uses. Whether you’re looking to expand your commercial real estate portfolio or acquire an investment with existing income and room for growth, 38 North Sixth Street offers an exciting opportunity in downtown Reading!

Additional Information

Area
Reading City (10201)
School District
Reading
Heating
Electric Baseboard
Cooling
Other, Zoned
Utilities
Electric Available, Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: