Multifamily Housing
1250 Hill Road Reading, PA 19602
Details & Description
Price: $900,000
    Multi-family investment property in prime location near the City of Reading's central park. Fully refurbished units, new mechanical and electrical systems throughout. All new sanitation lines installed. New slate roof installed 2019 and new shingled roof in 2016. Highly desirable area, steady tenant base. Professionally managed.
    Listing Agents
    John Buccinno

    O: 610-779-1400
    M: 610-370-8508
    jbuccinno@naikeystone.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1250 Hill Road

    Reading, PA 19602

    Listing ID: 243527
    • 1250 Hill Road Reading, PA 19602 | for Sale | Photo 1
    • 1250 Hill Road Reading, PA 19602 | for Sale | Photo 2
    1250 Hill Road | for Sale | Thumbnail 1
    1250 Hill Road | for Sale | Thumbnail 2
    Building Size: 15,126 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $59.50
    Land $/SF:
    Price
    $900,000
    Description

    Multi-family investment property in prime location near the City of Reading's central park. Fully refurbished units, new mechanical and electrical systems throughout. All new sanitation lines installed. New slate roof installed 2019 and new shingled roof in 2016. Highly desirable area, steady tenant base. Professionally managed.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Multifamily Housing for Sale

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    Reading Area Market Trends

    Listing Demographics for 1250 Hill Road Reading, PA 19602

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population35,915123,131194,279
    Population Median Age333538
    Population by Age0-9 Yrs6416 (17%)19288 (15%)27266 (14%)
    10-19 Yrs5423 (15%)18482 (15%)27320 (14%)
    20-29 Yrs6286 (17%)19534 (15%)27604 (14%)
    30-39 Yrs4740 (13%)15721 (12%)24300 (12%)
    40-49 Yrs3869 (10%)14118 (11%)22651 (11%)
    50-59 Yrs3816 (10%)14426 (11%)24589 (12%)
    60-69 Yrs2992 (8%)11045 (8%)19592 (10%)
    70+ Yrs2373 (6%)10518 (8%)20957 (10%)
    Median HH Income$28,091$40,122$52,372
    Total Household Income< 24K5661 (45%)14171 (33%)17005 (24%)
    25-49K3356 (27%)11089 (25%)16992 (23%)
    50-74K1788 (14%)7165 (16%)12668 (17%)
    75-99K893 (7%)4486 (10%)8866 (12%)
    100-199K677 (5%)5116 (11%)12812 (18%)
    200K+19 (0%)728 (1%)2458 (3%)
    Highest Education LevelNo Diploma73451893222838
    Diploma or GED73802672343202
    Some College32771235421192
    Assoc. Degree116054589886
    Bachelors Degree1320817318749
    Higher Degree507406510311
    Total Housing Units14,64748,08877,786
    --Owner-Occupied4,09220,70642,780
    --Renter-Occupied8,30222,04928,021
    Owner-Occupied Values< 100K3461982911868
    100-199K440796019245
    200-299K8118637459
    300-399K425802519
    400-499K14121698
    500K+54355991
    Total Working Age Population26,24693,226151,099
    In Work Force15,70158,65397,056
    Not In Work Force10,54534,57354,043
    Workforce Employed13,14852,57389,246
    Workforce Unemployed2,5536,0657,720
    Civlian Workforce15,70158,63896,965
    Military Workforce01591
    Total Households12,39442,75570,801
    Family Households7,29027,31146,772
    Non-Family Households5,10415,44424,029
    Married Couple3,00314,40729,483
    Other Family4,28712,90517,289
    Married w/Child1,3596,45811,890
    Single Male w/Child3811,3131,893
    Single Female w/Child2,3106,3078,049

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Berks County373,638+10411,442+7440,143+7471,457
    Lancaster County470,658+10519,445+8559,247+8602,153

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1250 Hill Road in Reading?
    The asking price for 1250 Hill Road is $900,000
    What is the building size of this Multifamily property in Reading, PA?
    The size of the building/unit at 1250 Hill Road in Reading is 15,126 square feet
    What is the population within 1 mile of 1250 Hill Road in Reading?
    The population within 1 mile of 1250 Hill Road Reading, PA 19602 is 35,915 people.
    Who do I contact for questions about 1250 Hill Road?
    You should contact the listing agent, John Buccinno, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 48
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 90
    Newark Liberty International Airport (EWR) 95