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Positioned in the heart of Downtown Reading, this rare multi-building opportunity offers investors the potential to develop 12-14 apartment units in a rapidly evolving corridor. Previously utilized as a Drug Addiction Parole & Probation Treatment facility, the property features substantial square footage and a layout conducive to multifamily conversion. Ideal for developers seeking a high-upside repositioning project in a growing rental market. With strong rental demand in the area and continued downtown revitalization, this asset presents a strategic opportunity for long-term cash flow and appreciation. Bring your vision and unlock the full potential of this prime investment.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Reading City (10201) |
| COUNTY | BERKS | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | READING |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | Reading City (10201) |
| CONSTRUCTION | Brick Veneer |
| HEAT | Natural Gas, Steam |
| LOT | 5227 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 8712 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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