Currently professionally managed and ready for its next owner, this duplex is an ideal opportunity for both investors and owner-occupants alike.
The property features two 1-bedroom units with a flexible setup. Move into the vacant, freshly remodeled first-floor unit while collecting $850/month from your already-tenanted second-floor neighbor, or simply add both units to your rental portfolio and let the property manager handle the rest. Projected first-floor rental income: $875/month.
Each unit is separately metered, so tenants pay their own heat and electric bills, keeping your out-of-pocket expenses to a minimum. Both units are in good condition, and both electric water heaters were replaced in 2024. The property also benefits from very low taxes, making the cash flow picture even more attractive.
Out back, you'll find a 2-car garage that, while currently without a door, represents a straightforward value-add opportunity — install a garage door and increase both the property's value and its income potential. There is also additional 2-car parking space in the front of the garage.
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Listing Snapshot
Price
$175,000
Days On Site
51 Days
Bedrooms
2
Inside Area (SqFt)
1,080 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1910
MLS® Number
PABK2073522
Status
Pending
Property Tax
$1,010
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 days ago
Status changed to Pending
2 days ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.04
Attached Garage
Yes
Foundation
Stone
Garage
Yes
Garage Spaces
2
Parking
GarageAttached
Parking Spaces
2
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1080
SqFt Total
1080
Style
Traditional
Water Source
Public
Zoning
RES
Interior Features
Appliances
Electric Water Heater
Basement
FullUnfinished
Cooling
Window Unit(s)Electric
Flooring
Laminate
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Brick
Pool Features
None
Roof
AsphaltRubber
Community Features
MLS Area
Reading City (10201)
School District
READING
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Iron Valley Real Estate of Berks
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