The Laundry King – Reading, PA

READING, PA LAUNDROMAT

The ideal turn-key income property. 3 unit apartment building plus the laundromat unit on the 1st floor. Laundromat nets $40,000 per year, rentals profit over $10,000 per year ($2,125 gross rents per month). Over $120,000 of new Heubsch equipment four years ago. Upstairs apartment recently renovated, other apartments rent could be increased with a few renovations. Laundromat equipped with security system accessible by smartphone and Samsung Smarthings devices including door locks, light switches, fans, AC, etc that can all be controlled by a smartphone.

Laundry Equipment Mix

• 10 – top load washers
• 2- 20 lb Horizon washers
• 5 – 40 lb washers
• 1 – 60 lb washer
• 2 – 45 lb Stack dryers (4 pockets)
• 5 – 30 lb stack dryers (10 pockets)