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$30000 / 5br - Immediate Cashflow! (Reading, Pa)


Date: 2009-11-05, 3:09PM EST
Reply to: hous-djgkv-1452974769@craigslist.org [Errors when replying to ads?]


Ben | 610-842-7722
1322 Locust St, Reading, PA
Great Reading rowhome for investor or homeowner in NE Reading on a nice block of Locust St.
5BR/1BA Townhouse
offered at $32,000
Year Built 1900
Sq Footage 1,418
Bedrooms 5
Bathrooms 1 full, 0 partial
Floors Unspecified
Parking None
Lot Size 1,306 sqft
HOA/Maint $0 per month

DESCRIPTION

This property can be rented almost immediately and for $5,000 down and less than $250/month, that's serious cash flow. Rents in the area are approximately 650-700/month. This is available immediately to cash buyers or this can be a great owner-occupied home for first time homebuyers with the $8,000 tax credit.
Recent comps include the following:



1329 Locust St : Settled on 8/14/2009 for $62,500 – around the same size, but in excellent condition

1369 Locust St: Settled on 4/29/2009 for $78,000 – around the same size, but in excellent condition

1147 Locust St: Settled on 6/12/2009 for $34,900 – smaller, but in similar condition to this property

1310 N 10th St: Settled on 4/24/2009 for $73,000 – around the same size, but in excellent condition

1359 N 11th St: Settled on 7/29/2009 for $45,000 – around the same size, in similar condition

1315 N 12th St: Settled on 7/24/2009 for $75,000 – a little larger, in excellent condition

1012 Pike St: Settled on 9/23/2009 for $30,000 – a little smaller, similar condition

See video for tour: http://bit.ly/NUrdp




see additional photos below
PROPERTY FEATURES

- Living room - Dishwasher - Refrigerator
- Stove/Oven - Basement - Laundry area - inside
- Balcony, Deck, or Patio

OTHER SPECIAL FEATURES

- 5 bedrooms
- Large kitchen
- nice patio
- CASH DISCOUNT AVAILABLE

Contact info:
Ben
610-842-7722
For sale by individual owner

Equal Opportunity Housing
Posted: Oct 28, 2009, 6:19am PDT


PostingID: 1452974769