Hot Property!

Save to Favorites
Print
Share
PRICE $475,000 dsIDX morgage calculator
SIZE 5,100 sqft
LOT SIZE 2,178 sqft

Prime Investment Opportunity: Mixed-Use Corner Building with Commercial & Residential Income Discover an exceptional investment opportunity with this meticulously maintained, four-unit corner building, boasting over 5,000 square feet of versatile space. Perfectly situated for maximum visibility and accessibility, this property offers a compelling blend of established commercial presence and fully rented residential income, making it an ideal acquisition for savvy investors. The expansive first floor features a prominent commercial storefront, previously operating as a successful daycare facility. This versatile space is ready for a new business venture, offering ample room for retail, office, or service-oriented enterprises. Adding significant value, the commercial unit also includes two dedicated offices conveniently located on the second floor, providing excellent administrative or private workspace solutions. Projected Rent: $2500 per month. The upper floors are thoughtfully designed to maximize residential appeal and income. The second floor unit (Unit #1) is a spacious living room/dining room combination, a well-appointed kitchen, a full bathroom, and two bedrooms, renting for $1,100 per month. Ascend to the third floor (Unit #2) with a similar layout to unit 1 with a living room/dining combo, kitchen, 2 bedrooms and 1 full bath, renting for $975.00 per month. Also on the third floor (Unit #3) is this unique unit which is characterized by its open 1-bedroom loft design and an abundance of natural light. This unit offers a contemporary living experience renting for $900.00 per month. Units 1, 2 & 3 are currently rented, providing an immediate and stable income for the new owner from day one. This property represents a rare chance to acquire a turn-key investment with significant upside potential. Don't miss the opportunity to add this income-generating asset to your portfolio. Contact us today to schedule a private showing and explore the full potential of this exceptional property!

DAYS ON MARKET 2 LAST UPDATED 7/30/2025
YEAR BUILT 1995 COMMUNITY Reading City (10201)
COUNTY BERKS STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District READING


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA Reading City (10201)
CONSTRUCTION Block, Brick
HEAT Forced Air, Natural Gas
LOT 2178 sq ft
LOT DIMENSIONS 0.00 x 0.00
PARKING On Street
SEWER Public Sewer
STORIES 3
TAXES 4841
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 383 SCHUYLKILL AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Todd Stonesifer to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Coldwell Banker Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without the written permission from the MLS Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2025.