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1541 Fairview Street, Reading PA is a well-positioned self-storage property offering 8 electric-powered units. The site boasts a strong history of stable occupancy and is currently 100% leased, with longstanding tenants contributing to reliable cash flow. The property generates $15,217 in current income with a net operating income (NOI) of $11,318.81, representing a 9% CAP rate. With focused leasing optimization, pro forma projections estimate income increasing to $22,000, generating $17,600 in NOI and a 14% pro forma CAP rate. Low maintenance and historically strong performance make this an attractive addition to any storage portfolio or first-time investor's holdings. 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 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Reading City (10201) |
| COUNTY | BERKS | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | READING |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Reading City (10201) |
| CONSTRUCTION | Frame |
| GARAGE | Yes |
| HEAT | None |
| LOT | 3485 sq ft |
| PARKING | Garage |
| SEWER | Other |
| TAXES | 1328 |
| WATER | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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