



Great Investment! This well-maintained 3-unit multifamily property at 2 Reading Ave offers an excellent opportunity for investors or owner-occupants. The recently renovated interior features four new high-efficiency furnaces (one for each unit and one for the basement). Previous owners also upgraded the electrical system, and the exterior features a newer metal roof and vinyl siding. The three units offer a combined rental income of $3,000 per month. The largest unit was recently vacated and intentionally left vacant, giving a new owner the opportunity to live in the largest unit while collecting rental income from the other two. In addition, the sellers paid $34,000 through seller financing on top of the $216,000 sale price reflected in the public price history, bringing the total purchase consideration to $250,000. Tenants pay gas, electric, and water, while the landlord covers trash service. A great opportunity to own an income-producing property with room to make it your own.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $5284 | NZD $9,523* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to RE/MAX Platinum
Property ID: 110121016539
Original Property ID: 3yd-GRARMI-26058492