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Excellent opportunity to acquire a well-maintained mixed-use property in the city offering immediate cash flow and future upside. The building consists of a vacant commercial storefront, 7 occupied residential units, and an additional apartment already in progress, providing a unique value-add component for the next owner to make it a potential 9 units. The residential units include six 1-bedroom apartments and one 2-bedroom apartment, all of which have seen updates completed throughout the life of ownership. The property spans over a massive amount of square feet and has been thoughtfully managed to maximize functionality and income potential. An additional apartment was being constructed behind the commercial storefront, featuring its own private access from the side alley. The side alley also provides separate access to the 2-bedroom unit, enhancing privacy, layout efficiency, and overall usability of the property. This asset is ideal for investors seeking stable income, owner-operators looking to utilize the commercial space, or buyers interested in completing the additional unit to increase future returns. Multiple access points, mixed-use versatility, and expansion potential make this property a strong addition to any portfolio. 24 hour notice required, schedule your showing today!
| DAYS ON MARKET | 6 | LAST UPDATED | 3/2/2026 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1900 |
| COMMUNITY | Reading City (10201) | COUNTY | BERKS |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | READING |
|---|
| PRICE HISTORY | |
| Prior to Feb 17, '26 | $700,000 |
|---|---|
| Feb 17, '26 - Mar 2, '26 | $685,000 |
| Mar 2, '26 - Today | $650,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | Reading City (10201) |
| BASEMENT | Yes |
| HEAT | Baseboard, Electric |
| LOT | 2178 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 4 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 2227 |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| ZONING | 7 residential units and 1 Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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