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Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units "” a front building with seven units and a rear building with two units. Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify). With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand. Whether you're looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability. Bring an offer! Motivated seller"”room to negotiate with a fair and reasonable offer. Buyer to Verify Measurements and Square Footage.
| DAYS ON MARKET | 14 | LAST UPDATED | 11/3/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Reading | COUNTY | Berks |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Water Heater, Microwave, Refrigerator |
| AREA | Reading |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| EXTERIOR | Balcony |
| HEAT | Natural Gas |
| INTERIOR | Eat-in Kitchen |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 6098.0 |
| PARKING | No Garage |
| SEWER | Public Sewer |
| STYLE | Victorian |
| SUBDIVISION | Not in Development |
| TAXES | 10497 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Pagoda Realty & Property Mgmt
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This IDX solution is (c) Diverse Solutions 2025.
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