Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units — a front building with seven units and a rear building with two units.
Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify).
With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand.
Whether you’re looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability.
Bring an offer! Motivated seller—room to negotiate with a fair and reasonable offer.
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Listing Snapshot
Price
$879,900
Days On Site
240 Days
Bedrooms
14
Inside Area (SqFt)
6,206 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1900
MLS® Number
PABK2054900
Status
Active
Property Tax
$10,497
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 weeks ago
Status changed to Active
2 weeks ago
Listing updated with changes from the MLS®
a month ago
Price changed to $879,900
8 months ago
Listing first seen on site
General Features
Acres
0.14
Foundation
Other
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
6206
SqFt Total
6206
Style
Victorian
Utilities
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available
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