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Excellent investment opportunity at 511 Birch Street in Reading, PA, offering 10 self-storage units with a strong history of consistent rental performance. This well-located property features an easy-to-access layout and stable long-term tenants, making it a reliable income-producing asset with minimal management requirements. Current income is $16,768 with a net operating income (NOI) of $13,929.52, generating a 9.2% CAP rate. With modest leasing optimization, pro forma projections show income rising to $18,000 and NOI to $15,000, resulting in a 10% CAP rate. This property is part of a larger portfolio of over 500 storage units currently available for sale. With low operating costs and dependable tenancy, this site provides a strong balance of cash flow and future growth potential. Additional properties in the portfolio include: 826 Hampden - 17 units 824 Ritter - 13 units 511 Birch - 10 units 340 Locust - 18 units 333 Lombard - 34 units 1536 Haak - 36 units 625 N. 13th - 22 units 1128 Pike - 34 units 1200 N 9th Street - 66 units 306 N 13th Street - 1 unit 1541 Fairview - 8 units 635-R Weiser - 1 unit 521 S 16th Street - 10 units 328 Chestnut - 8 units 1214 Weimer - 10 units 741 Church - 12 units 330 Robeson - 1015 Rose - 96 units 364 Blair - 86 units
| DAYS ON MARKET | 2 | LAST UPDATED | 7/27/2025 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1941 |
| COMMUNITY | Reading City (10201) | COUNTY | BERKS |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | READING |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Reading City (10201) |
| CONSTRUCTION | Block, Brick |
| HEAT | None |
| LOT | 3485 sq ft |
| PARKING | None |
| STORIES | 1 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 854 |
| WATER | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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