1635 Centre Ave
$2,790,000
1635 Centre Ave, Reading, Pa 19601
For Sale
Multifamily
Active
Last Updated: 02/12/2025
9.8
Cap Rate
273,203
NOI
Details:
Cap Rate: 9.8%
NOI: $273,203
Building Size: 12,272 sqft
Year Built: 1900
Price Per Sqft: $227.35
Zoning: R-3
Highlights:
- Days on Market: 405
- Parking Features: Paved Parking, Handicap Parking, Private
- Heating: Forced Air
Description:
The In Town Motel offers 5 commercial units on the 1st floor consisting of a tattoo parlor, barber shop, laundromat, restaurant & notary. There are also 17 room rentals with restrooms in each, and a private parking lot with 27 spaces. Included in the sale of the property is the owner's laundromat.
Location
Gallery
