1039 Walnut St, Reading, PA 19601

One of the most important things to consider when buying an investment is what bills you (the owner) are going to get stuck with having to pay. The tenants here each pay for their own heat which is affordable natural gas, their own hot water - gas again, and their own electric. What the tenants won't be stuck with is paying an electric bill that includes electric baseboard heat - which is very costly to them! They very much appreciate having gas heat - more affordable and more reliable! That leaves you, the owner, with having to pay just the water/sewer/trash bill which in 2024 came to $2,001 FOR THE YEAR! Extremely reasonable!! Both these units have been upgraded, both have 2 private bedrooms and both are quite spacious!! 1st floor rents for $845 and the 2nd floor rents for $975. On top of that there are 2 parking spaces behind the building which are rented out at $75 per space. This has everything a savvy investor looks for in a property - schedule your showing today!!