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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.
| DAYS ON MARKET | 270 | LAST UPDATED | 11/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Reading City (10201) |
| COUNTY | BERKS | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | READING |
|---|
| PRICE HISTORY | |
| Prior to Oct 9, '25 | $889,900 |
|---|---|
| Oct 9, '25 - Today | $879,900 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | Reading City (10201) |
| CONSTRUCTION | Brick |
| HEAT | Electric, Natural Gas, Other |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Back Yard, Cleared |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 10497 |
| UTILITIES | Natural Gas Available, Phone Available, Sewer Available, Water Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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